Auto Income Tax Calculator for FY 2025-26

An easy-to-use, fully automated Income Tax Calculator for individuals for FY 2025-26 is Updated with Marginal Relief Calculation (As per Finance Act 2025) and Simplify Tax Calculation & Compare Old and New Tax Regimes. This updated tool simplifies the process of calculating total taxable income (after eligible deductions), tax liability, and various applicable rebates and reliefs.

Key Features:

• Automatic Calculation: Simply enter your income details and eligible deductions in the designated cells, and the calculator will automatically compute:
  • Total Taxable Income (after eligible deductions)
  • Tax on Total Income
  • Rebate under Section 87A
  • Surcharge
  • Marginal Relief: Automatic calculation of marginal relief on income exceeding ₹12 Lakh, ₹50 Lakh, ₹1 Crore, ₹2 Crore, and ₹5 Crore.
  • Cess on Total Tax
  • Final Balance Tax Payable after TDS or Relief under Section 89(1)
• Regime Comparison: Easily compare your tax liability under both the New and Old Tax Regimes, aiding in informed decision-making during TDS deduction or ITR filing.
• Clarity on Rules and Rates: Provides clear information and rules related to applicable tax rates, exemptions, and deductions for both regimes. Includes hyperlinks for easy access to detailed information.
• Automated Document Generation: Upon data entry, the calculator automatically generates:
  • Salary Statement
  • Computation Sheets (for both New and Old Regimes)
  • Computation Sheet (New Regime)
  • Computation Sheet (Old Regime)
  • Income from House Property Statement
  • Tax Calculation Summary
  • Form-16 Preparation

• Print and Save Functionality: Easily print any generated sheet or save it for your records.

5 FAQs on Auto Income Tax Calculator for FY 2025-26

Q.1 What does the Auto Income Tax Calculator for FY 2025-26 do?

Ans. The calculator automatically computes your taxable income, income tax liability, rebate under Section 87A, surcharge, marginal relief, health and education cess, and the final tax payable after considering TDS and relief under Section 89(1). It also compares tax liability under both the old and new tax regimes.

Q.2 Does the calculator automatically compute marginal relief?

Ans. Yes. The calculator is updated as per the Finance Act, 2025 and automatically calculates marginal relief wherever applicable for income exceeding ₹12 lakh, ₹50 lakh, ₹1 crore, ₹2 crore, and ₹5 crore.

Q.3 Can I compare the old and new tax regimes using the calculator?

Ans. Yes. The calculator provides a side-by-side comparison of tax liability under the Old Tax Regime and the New Tax Regime, helping taxpayers choose the more beneficial option for TDS planning or income tax return filing.

Q.4 What reports and documents are generated automatically by the calculator?

Ans. Based on the information entered, the calculator automatically generates a Salary Statement, Income Tax Computation Sheets (Old and New Regimes), House Property Statement, Tax Calculation Summary, and Form 16 Preparation sheets.

Q.5 Can I print or save the tax computation generated by the calculator?

Ans. Yes. The calculator includes print and save functionality, enabling users to print or save the generated tax computation sheets and supporting statements for future reference or record-keeping.

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For any queries or assistance, please contact:
📞 Call: 9811302497
✉️ Email: taxationseva@gmail.com