ITR‑1 Income Tax Calculator for FY 2025‑26 (AY 2026‑27)
Easily compute your tax liability under the ITR‑1 (Sahaj) form with
this fast, accurate, and updated ITR‑1 Income Tax Calculator.
Designed for salaried individuals, pensioners, and family pension
recipients, this calculator helps you estimate taxes under both the
old and new tax regimes, apply deductions, and understand your final
payable tax before filing your return.
ITR 1 Eligibility
The ITR‑1 Income Tax Calculator is an online tool that simplifies tax
computation for individuals with straightforward income sources. The
following is the eligibility criteria for ITR1:
- Applicable for individuals being a resident ( other than not
ordinarily resident) having total income upto Rs. 50 lakh and
long-term capital gains under section 112A up to Rs. 1.25 lakh,
and agricultural income up to Rs. 5000.
- Can also report salary/pension, one house property, and
other sources income.
- Not applicable for companies, LLPs, capital gains, multiple
house properties,
foreign assets, etc.
How the ITR‑1 Income Tax Calculator Works
The calculator evaluates your tax liability by:
- Computing taxable salary
- Applying standard deduction
- Factoring in eligible deductions
- Calculating rebate under Section 87A (if applicable)
- Estimating total tax, cess, and net payable amount
- Provides ability to add advance tax payments.
- Calculates interest (if applicable) under section 234B and 234C
Why Use an online ITR‑1 Income Tax Calculator?
When you use a web-based calculator, you do not need to install anything.
Only a
compatible browser such as Google Chrome, MS Edge, or Opera or similar
is
needed. Web-based calculators are generally safer than executable-based
or
file-based calculators because you need not install or run anything that
could
make
your computer unsafe.
Using an ITR‑1 calculator saves time and reduces errors. It helps you:
- Estimate taxes instantly
- Avoid manual calculations
- Export the calculation to a PDF to share with your tax consultant or
a CA
Disclaimer: This
calculator
offers reliable and thorough results; however, it is recommended to
consult a
qualified
taxation
professional or Chartered Accountant for assistance with income tax
return
filing. The
official
portal of the Income Tax Department also provides accurate tax
calculation tools
and
e-filing
services. You are encouraged to visit the government website for further
information.