Liquid scintillation alpha beta discrimination technique based on pulse shape analysis (PSA) was evaluated for determination of ²²⁶Ra and ²²²Rn in water samples. In view of the significance of calibration, for the reliable and precise determination of ²²⁶Ra and ²²²Rn concentrations in water samples, calibration procedures were standardized for single and two phase systems using Quantulus 1220 liquid scintillation counter. PSA optimization and efficiency calibrations were performed using ²²⁶Ra standard rather than conventionally used pure alpha and beta standards and substantiated by measuring the activity concentrations of ²²⁶Ra and ²²²Rn in the spiked water samples.