Income Tax Calculator
Estimate income tax payable under the new tax regime, including the Section 87A rebate and health & education cess.
Uses the new tax regime slabs and Section 87A rebate as they stood for FY 2025-26. Tax slabs and rebates change with each Union Budget — always confirm current rates on the official Income Tax Department website before relying on this figure, and treat this as an estimate, not tax advice.
₹1,200,000
Total Tax Payable
₹0
Taxable Income
₹1,125,000
Effective Rate
0%
Tax before Cess
₹0
Health & Education Cess (4%)
₹0
Section 87A rebate applies — taxable income is within the rebate threshold, so tax payable is nil.
Disclaimer: banking.niviyotech.com is an independent educational and informational platform developed by Niviyo Technologies. It is not affiliated with, endorsed by, or operated by the Reserve Bank of India (RBI), Punjab National Bank (PNB), or any government authority. Users should always refer to the latest official notifications, regulations, and guidelines before making financial or business decisions. In case of any conflict, the official notification or regulation shall prevail.
Read our content policy.