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Salaried EmployeeFY 2025-26 Updated

Form 16 Tax Calculator

Got your Form 16 handy? Upload the PDF and our AI fills everything in for you automatically - or enter the numbers yourself below.

Upload Form 16 PDF

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Don't have your Form 16 handy? No problem - just fill in the numbers manually below.

From Part B - total income before standard deduction or any other deductions.

₹1L₹8,00,000₹50L

From Part A - total tax deducted by your employer(s) and deposited with the government.

Effective TDS rate: 6.3% of gross salary

New Regime: Standard deduction ₹75,000. No other deductions. Tax-free up to ₹12L via 87A rebate.

HRA Exemption

Chapter VI-A Deductions

Refund Due

₹50,000

TDS ₹50,000 − Tax ₹0 = +₹50,000 back to you

New regime saves ₹64,501 in annual tax

Tax Computation - New Regime

Gross Salary₹8,00,000
Less: Standard Deduction₹75,000 (New Regime)–₹75,000
Net Taxable Income₹7,25,000
SlabRateTax
₹0 – ₹4,00,0000%₹0
₹4,00,000 – ₹8,00,0005%₹16,250
Tax on Slabs₹16,250
Less: Rebate u/s 87AIncome ≤ ₹12L - no tax–₹16,250
Health & Ed. Cess4% on income tax₹0
Total Tax Liability₹0
Less: TDS Deducted–₹50,000
Refund Due
Claim when you file ITR
+₹50,000

ITR-1 filing deadline: 31 July 2026

Estimate only. Not a substitute for professional tax advice. Figures depend on your actual Form 16 and any other income. Consult a CA for precise liability.

How Form 16 connects to your ITR

Form 16 is your employer's record of what you earned and what tax was paid on your behalf. Here is how it flows into your tax return.

Employer compiles Form 16

By June 15 every year, your employer issues Form 16. Part A shows the TDS certificate - how much tax was deducted each quarter and deposited with the government under your PAN. Part B shows your full salary breakup and deductions claimed.

Compare TDS against actual tax

Your employer estimated your tax at the start of the year. Your actual tax may differ - if you changed jobs, had other income, or changed deductions. This calculator recomputes your real liability under both regimes so you know the gap.

File ITR and settle by July 31

If TDS > actual tax, you get a refund after filing your ITR. If TDS < actual tax, you need to pay the balance as Self-Assessment Tax (SAT) before filing. Missing the July 31 deadline attracts interest u/s 234A at 1% per month.

Your employer used old regime - you don't have to

If your Form 16 Part B shows deductions under 80C, 80D, or HRA, your employer computed TDS under the old regime. When you file your ITR, you can freely choose either regime. If the new regime gives you a lower tax (check the comparison above), switch - your excess TDS will come back as a refund. For most salaried employees under ₹15L gross with limited deductions, the new regime wins in FY 2025-26.

Frequently Asked Questions

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