Form 16 Tax Calculator
Calculate your income tax from Form 16 data. Enter gross salary, perquisites, allowances, and deductions to compute net taxable income and tax liability for FY 2025-26.
Did this tool work for you?
How to use this calculator
- 1
Enter gross salary from Form 16 Part B (total of basic + DA + HRA + all allowances before deductions).
- 2
Enter HRA exemption, LTA exemption, and other Section 10 exemptions as separate items.
- 3
Standard deduction of ₹75,000 is automatically applied for FY 2025-26.
- 4
Compare new vs old regime to see which saves more tax for your income profile.
Frequently asked questions
What is Form 16?
Form 16 is a TDS certificate issued by your employer. Part A contains TDS details (quarter-wise tax deducted). Part B contains salary breakup — gross salary, perquisites, allowances, exemptions, deductions, and net taxable income. Use Part B data to verify your employer calculated the correct tax and to file your ITR accurately.
What is the standard deduction for FY 2025-26?
The standard deduction for salaried employees is ₹75,000 for FY 2025-26 (increased from ₹50,000 in Budget 2024). It is available under both old and new tax regimes. No proof required — it is a flat deduction from gross salary before computing taxable income.
Form 16 Tax Calculator FY 2025-26 — Calculate Income Tax from Form 16
How to use the form 16 tax
This form 16 tax gives you instant, accurate results — no registration or download required. Enter your values above and get your result in seconds. The tool is free, works on all devices, and keeps your data private — nothing is stored or shared.
How the form 16 tax works
The form 16 tax calculator uses standard formulas used in financial planning, budgeting, and investment decisions. Enter your inputs, and the tool calculates the result instantly in your browser. No server-side processing means your data stays on your device. Results update in real time as you change inputs.
Who uses this form 16 tax
This tool is used by financial professionals, students, and anyone managing money. Whether you need a quick estimate or a precise figure for a decision, this form 16 tax delivers reliable results. It is especially useful when you need to check a calculation without opening a spreadsheet or searching for a formula.
How to use Form 16 for ITR filing
Form 16 Part B is your salary statement for the year. Use Part B to get: Gross salary, HRA & other exemptions, standard deduction, professional tax, 80C and other deductions, net taxable income, and TDS deducted. Cross-check these figures with this calculator. If employer's TDS matches your calculated tax, you have no refund/dues. Mismatch = either refund or additional payment needed.
Learn more from an authoritative source:
InvestopediaCompound Interest Calculator
Calculate how your investment or savings grows over time with the power of compounding.
Simple Interest Calculator
Calculate simple interest, total amount, and interest earned using principal, rate, and time.
ROI Calculator
Calculate return on investment, net profit, and annualised ROI for any investment.
CAGR Calculator
Calculate Compound Annual Growth Rate (CAGR) for investments, revenue, or any metric over time.
Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →