Standard Deduction Calculator
See the standard deduction available to salaried and pensioner taxpayers.
Enter your details
How it is calculated
Family pension: lower of one-third of the pension and ₹25,000 (new) / ₹15,000 (old).
Tax saved = tax without the deduction − tax with the deduction (full slab, rebate, surcharge and cess calculation).
Worked example
Salary ₹14,00,000, new regime FY 2026-27: deduction ₹75,000, taxable ₹13,25,000. Tax = 60,000 + 15% × 1,25,000 = ₹78,750 (+4% = ₹81,900). Without the deduction taxable would be ₹14,00,000: ₹90,000 + 4% = ₹93,600... computed by the tool; the saving is the difference.
About the Standard Deduction Calculator
See the standard deduction available to salaried and pensioner taxpayers. This free tax tool runs entirely in your browser: nothing you type is sent to a server, and you can save, print or download the result.
What you need to enter
You will be asked for financial year, tax regime, type of income, annual gross income of that type, age of taxpayer, other income for estimating tax saved. Fields marked * are required. Every field shows a hint and the allowed range.
How to use it
- Fill in the inputs (sample values are pre-filled so you can see how it works).
- Press Calculate to see the result, breakdown and chart.
- Use Print, Download PDF or Share to keep the result, or come back to it from your saved history.
Who it helps
Salaried individuals, business owners, investors and professionals who want a quick, transparent estimate before they file, invest or plan. If your case has special facts, our team can review it - ask for a consultation.
Results are estimates based on the rules and rates described under "How it is calculated". Laws change and individual facts differ, so confirm with official sources or a qualified professional before acting. This is not tax, legal or investment advice.
Frequently asked questions
Is the standard deduction available to everyone?
It is available to salaried employees and pensioners. Business or professional income, rent and interest do not qualify. Family pensioners get a separate, smaller deduction.
Do I need bills to claim it?
No. It is a flat deduction given automatically on salary or pension income, and employers apply it while computing TDS.
Is it different if I change jobs mid-year?
The limit is for the year, not per employer. If both employers give it, the total claimed in the return cannot exceed the annual cap.
Need help beyond the calculator?
Talk to our tax and compliance team for advice based on your documents.