Calculate income tax and take-home pay for India (FY 2025-26 old vs new regime — Budget 2025), United States (2025 federal + FICA), UK (2025-26 with National Insurance), Australia (2025-26, LITO + Medicare), Germany (2025), UAE, and Singapore (YA 2025, CPF). Free, no signup.
Enter salary details and click Calculate Tax
An income tax calculator estimates how much tax you owe and what you take home, based on your income, deductions, and the tax rules of your country. NeftCal's income tax calculator covers FY 2025-26 for seven countries — India (old regime vs new regime), the United States, the United Kingdom, Australia, Germany, the UAE, and Singapore. It works as a take-home pay calculator, a net salary calculator, and an effective tax rate calculator in one, built for salaried employees, freelancers, and expats who want a quick, country-specific estimate without opening a spreadsheet or reading tax legislation line by line.
Enter your gross annual income and, for India, other income plus itemized deductions such as the Section 80C deduction, HRA exemption, and NPS 80CCD(1B) deduction, along with home loan interest under Section 24(b) — and this India income tax calculator FY 2025-26 weighs the old regime vs new regime 2025 side by side, including the Budget 2025 new tax regime slabs and the revised Section 87A rebate threshold. Switch the country dropdown and the same tool turns into a US federal income tax calculator with FICA logic for Social Security and Medicare and a 401(k) pre-tax contribution field; a UK income tax calculator with a personal allowance taper and National Insurance; an Australia income tax calculator with the Low Income Tax Offset (LITO) and Medicare levy; a Germany income tax calculator with Steuerklasse and Kirchensteuer; a UAE income tax overview; and a Singapore income tax calculator with CPF contributions and earned income relief. This page's in-depth guide, formula walkthrough, and worked example focus specifically on India's old vs new regime comparison, since that is this calculator's most detailed mode — see the calculator above for the other six countries.
Salaried employees deciding which Indian tax regime to declare to their employer, freelancers and consultants estimating provisional tax, job seekers comparing offers, HR and payroll teams sanity-checking take-home figures, and anyone relocating between the seven supported countries who wants a quick side-by-side estimate of tax and net pay.
Knowing your real take-home pay — not just your headline salary — matters when comparing job offers, negotiating a raise, planning a relocation, or deciding how much to invest in tax-advantaged instruments like Section 80C investments, NPS, or a pension. A dependable net salary calculator also helps with budgeting, rent applications, and loan eligibility, since lenders and landlords often ask for post-tax income. Because slabs and rebates change almost every year — as they did with Budget 2025's new tax regime restructuring in India — a calculator kept current for the latest tax year saves you from relying on outdated rules of thumb.
The exact slab structure and rebate logic this calculator applies for a general (below-60) taxpayer
| New Regime Slab (as used by this calculator) | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
| Old Regime Slab, General/Below 60 (as used by this calculator) | Rate |
|---|---|
| Up to ₹2,50,000 | Nil |
| ₹2,50,001 – ₹5,00,000 | 5% |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
From country selection to a regime comparison in under a minute
Choose India, US, UK, Australia, Germany, UAE, or Singapore from the Country dropdown. This determines which fields, slabs, and levies apply.
Input your total annual income before any deductions — not your monthly in-hand pay — plus any other taxable income you receive.
For India, select your age group and enter Section 80C, HRA exemption, NPS 80CCD(1B), 80D health insurance, and home loan interest 24(b). Other countries show relevant fields like filing status, 401(k), pension, or CPF age band.
For India, click "Compare Old vs New Regime." For other countries, click "Calculate Tax" (or "Show Tax Info" for UAE).
For India, review tax payable, taxable income, and take-home pay under both regimes side by side, plus a plain-language verdict on which regime saves more. For other countries, review the tax breakdown chart and export your results.
A step-by-step FY 2025-26 calculation using this calculator's own default input values
A salaried employee below age 60 earns a gross annual salary of ₹12,00,000 with no other income. They claim the full Section 80C limit, the full NPS 80CCD(1B) limit, and a ₹25,000 health insurance premium under 80D, with no HRA exemption or home loan interest claimed in this example.
Explanation: In this example the new regime wins decisively, purely because the taxable income (₹11,25,000) lands under the ₹12 lakh Section 87A rebate threshold introduced by Budget 2025 — that single cliff effect zeroes out the tax, even before comparing slab rates. If the same taxpayer earned more (pushing new-regime taxable income above ₹12 lakh) or claimed larger old-regime deductions such as a home loan interest claim, the comparison could shift. This is exactly why comparing both regimes with your own numbers — not relying on a generic rule of thumb — matters.
What your effective tax rate roughly tells you
Your effective tax rate — final tax payable divided by gross income — is a more useful comparison point than the headline slab rate, since it accounts for exemptions, deductions, and the 87A rebate all at once. The bands below are general reference points for salaried individuals in India, not an official Income Tax Department benchmark.
| Effective Tax Rate | General Read | Typical Context |
|---|---|---|
| 0% | No tax payable | Taxable income within the applicable 87A rebate threshold |
| Under 10% | Relatively low tax burden | Income modestly above the rebate threshold, or strong deduction use under the old regime |
| 10% – 20% | Moderate tax burden | Typical for salaried income roughly in the ₹15–35 lakh range |
| Above 20% | Higher tax burden | Higher income levels where more of the income falls in the 20–30% slabs |
Old vs new regime break-even: as a rough rule of thumb, if your genuinely eligible old-regime deductions exceed roughly ₹4.5–5.25 lakh, the old regime can work out cheaper for you — but the exact break-even point shifts with your income level, so treat this as a starting intuition and confirm with your own numbers in the calculator above, not as a fixed rule.
For higher earners: this calculator does not model surcharge, which applies above ₹50 lakh in real Indian tax law. If your income is in that range, treat the result as a starting estimate only and verify your surcharge liability separately.
This tool provides a general estimate for planning purposes only and is not personalized tax advice or a filing-ready computation. Tax liability can be affected by surcharge, capital gains, business income, arrears relief, and other factors this calculator does not model. Confirm your final figures with a chartered accountant, tax professional, or the official Income Tax Department e-filing portal before filing your return.
Where this calculator earns its keep
Decide which regime to declare to your employer at the start of FY 2025-26.
Sanity-check take-home pay figures for offer letters and CTC breakdowns.
Estimate provisional tax liability before making advance tax payments.
Plan 80C, NPS, and health insurance investments before the financial year closes.
See whether your HRA exemption is large enough to tip the scales toward the old regime.
Check whether Section 24(b) interest deduction makes the old regime worthwhile.
Apply the correct higher basic exemption limit for age 60–79 or 80+.
Compare take-home pay across multiple offers before accepting one.
Compare India tax against US, UK, Australia, Germany, UAE, or Singapore for a move.
Decide whether to switch regimes at filing time versus what you declared to your employer.
Cross-check a payroll system's or CA's tax computation with an independent estimate.
Quickly see how a Union Budget change to slabs or rebates affects your own numbers.
What this income tax calculator does well, and where it can't replace professional advice
Key differences this calculator applies
| Feature | Old Regime | New Regime |
|---|---|---|
| Default regime for FY 2025-26 | Opt-in required | Default (applies automatically unless you opt out) |
| Basic exemption limit | ₹2.5L (general) / ₹3L (senior) / ₹5L (super senior) | ₹4L flat, all ages |
| Standard deduction | ₹50,000 | ₹75,000 |
| Number of slabs | 4 (5% / 20% / 30%) | 6 (5% / 10% / 15% / 20% / 25% / 30%) |
| Section 87A rebate threshold | ₹5,00,000 taxable income | ₹12,00,000 taxable income |
| Section 80C, HRA, NPS 80CCD(1B), 80D, 24(b) | Allowed (as modeled by this calculator) | Not modeled by this calculator |
| Health & Education Cess | 4% | 4% |
Common questions about India's income tax regimes and this calculator
Official guidance to complement this calculator — not a substitute for licensed tax advice
Explore other financial tools