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, then the HRA, LTA and other Section 10 exemptions as separate amounts. These are used only when the old regime is selected.
- 2
Enter professional tax, the 80C / 80CCC / 80CCD(1) total, the extra NPS 80CCD(1B) amount, medical insurance 80D and any other deductions.
- 3
Enter the TDS your employer has already deducted, found in Part A of Form 16.
- 4
Select the regime. The tool applies a ₹75,000 standard deduction under the new regime and ₹50,000 under the old regime, with the slabs labelled FY 2025-26.
Frequently asked questions
What does this tool compute from my Form 16 figures?
It starts from gross salary, subtracts the deductions allowed for the chosen regime, applies the slabs built into the tool, adds 4% health and education cess and compares the total with the TDS you enter. The last line shows either a refund due or additional tax payable. It is a check on Part B, not a substitute for filing the return.
Which deductions does each regime use?
New regime: only the standard deduction and professional tax are subtracted; HRA, LTA, other exemptions, 80C, NPS 80CCD(1B), 80D and other deductions are ignored. Old regime: the tool subtracts HRA, LTA, other exemptions, the standard deduction, professional tax, 80C capped at ₹1,50,000, NPS 80CCD(1B) capped at ₹50,000, and 80D and “other deductions” exactly as entered, with no cap.
Which standard deduction does the tool apply?
It applies ₹75,000 under the new regime and ₹50,000 under the old regime, labelled FY 2025-26. These are the figures built into this tool; check the standard deduction your employer used in Part B before relying on the result here.
How are the rebate and the zero-tax range handled?
The Section 87A rebate is built in as a zero-tax rule rather than as a fixed amount (up to ₹60,000 for the new regime and ₹12,500 for the old regime under the rules the tool follows). In the new regime the built-in rebate makes tax zero when taxable income is ₹12,00,000 or less. Just above that, the tool limits tax to the amount by which income exceeds ₹12,00,000, so a taxable income of ₹12,15,000 shows ₹15,000 of tax instead of the full slab tax. In the old regime tax is zero when taxable income is ₹5,00,000 or less, with no matching relief above it. The Income Tax Department’s current rules govern how the rebate applies to you.
What are the slabs built into the tool?
New regime (FY 2025-26 label): nil to ₹4,00,000, then 5%, 10%, 15%, 20%, 25% and 30% in ₹4,00,000 steps from ₹4,00,000, ₹8,00,000, ₹12,00,000, ₹16,00,000, ₹20,00,000 and ₹24,00,000. Old regime: nil to ₹2,50,000, 5% to ₹5,00,000, 20% to ₹10,00,000 and 30% above. These are the figures built into this tool, not a statement of current law.
What does the tool leave out?
Surcharge on high incomes, senior-citizen slabs, other income such as interest or capital gains, relief under Section 89, employer NPS under 80CCD(2), tax already paid on other income and any difference in how your employer computed TDS. Professional tax is deducted in both regimes in this tool; compare with your Form 16 if the totals differ.
Why does my result differ from the tax in Form 16?
Employers deduct TDS on projected income and the declarations you gave them, which may differ from the final figures you enter here. Perquisites, regime choice made late in the year, previous-employer salary and the items in the previous answer are the usual reasons. The Income Tax Department’s Form 26AS or the AIS gives the tax actually credited.
Checking tax from Form 16 Part B: regime, slabs and refund arithmetic
What Part B figures feed the calculation
Form 16 Part B lists gross salary, exemptions such as HRA and LTA, the standard deduction, professional tax and Chapter VI-A deductions. The tool reads those same headings as inputs, subtracts the ones the selected regime allows, applies the slabs and adds 4% cess. The final lines compare total tax with the TDS shown in Part A. Indian tax rules and limits change in nearly every Union Budget, and the tool’s tables, labelled FY 2025-26, are not updated automatically. Your Form 16, the Income Tax Department and a qualified chartered accountant govern the actual position.
Six runs with fixed inputs
The table lists six runs and keeps each result as the tool printed it. Rows 1 and 2 use the same ₹12,00,000 gross, ₹2,400 professional tax and the default ₹1,50,000 under 80C with ₹1,20,000 HRA: in the new regime nothing but the standard deduction and professional tax is subtracted, so taxable income is ₹11,22,600 and tax is zero, while the old regime subtracts ₹3,22,400 (with its ₹50,000 standard deduction) and leaves ₹91,541 including cess. Row 3 is the new-regime relief just above ₹12,00,000: the slab tax would be higher, yet the tool shows ₹15,000.
| Inputs | Taxable income | Income tax | Cess | Total tax | Against TDS |
|---|---|---|---|---|---|
| ₹12,00,000 gross, new regime, professional tax ₹2,400 | ₹11,22,600 | ₹0 | ₹0 | ₹0 | TDS ₹0, refund ₹0 |
| Same gross, old regime, HRA ₹1,20,000, 80C ₹1,50,000 | ₹8,77,600 | ₹88,020 | ₹3,521 | ₹91,541 | TDS ₹0, ₹91,541 payable |
| ₹12,90,000 gross, new regime, no professional tax | ₹12,15,000 | ₹15,000 | ₹600 | ₹15,600 | TDS ₹0, ₹15,600 payable |
| ₹15,00,000 gross, new regime, professional tax ₹2,400 | ₹14,22,600 | ₹93,390 | ₹3,736 | ₹97,126 | TDS ₹1,00,000, refund ₹2,874 |
| ₹15,00,000 gross, old regime, HRA ₹2,40,000, LTA ₹20,000, 80C ₹1,50,000, NPS ₹50,000, 80D ₹25,000 | ₹9,62,600 | ₹1,05,020 | ₹4,201 | ₹1,09,221 | TDS ₹1,00,000, ₹9,221 payable |
| ₹8,00,000 gross, old regime, 80C ₹1,00,000, professional tax ₹2,400 | ₹6,47,600 | ₹42,020 | ₹1,681 | ₹43,701 | TDS ₹0, ₹43,701 payable |
How progressive slabs add up
Tax in the tool is not a single rate on the whole income. For the ₹14,22,600 taxable income in row 4, ₹4,00,000 to ₹8,00,000 is taxed at 5%, ₹20,000; the next ₹4,00,000 at 10%, ₹40,000; and the remainder to ₹14,22,600 is ₹2,22,600, taxed at 15%, ₹33,390. That sums to ₹93,390 before the 4% cess of ₹3,736. The old-regime row 2 follows the same logic: ₹12,500 up to ₹5,00,000 plus 20% of the ₹3,77,600 above it.
Refund or payable: the last line
The tool subtracts total tax from the TDS you enter. A positive difference is labelled a refund due and a negative one additional tax payable. Row 4 shows ₹2,874 coming back on a ₹15,00,000 salary in the new regime, while row 5 shows ₹9,221 still to pay in the old regime even with ₹5,37,400 of exemptions and deductions. The label is arithmetic only; whether a refund is actually issued depends on the return you file and on the Income Tax Department’s processing.
Where the result can differ from your Form 16
The tool applies a ₹75,000 standard deduction under the new regime and ₹50,000 under the old regime, deducts professional tax in both, and it does not model surcharge, senior-citizen slabs, employer NPS, other income or relief under Section 89. Entries for 80D and other deductions are taken as typed with no cap. If your employer used different treatment, the two totals will not match, so read Part B line by line and ask a chartered accountant when the gap is large.
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Results are estimates for informational purposes only and do not constitute professional financial, medical, legal, or technical advice. Read full disclaimer →