Income Tax Calculator
Compare tax under the old and new regimes for FY 2026-27, with deductions, rebate and cess.
Before any deductions — basic, HRA, allowances and bonus.
Savings and FD interest, rent received and similar, taxed at slab rates.
Allowed in both regimes.
EPF, PPF, ELSS, life insurance, tuition fees, home loan principal. Capped at ₹1.5 lakh.
Your own extra NPS contribution, capped at ₹50,000.
Work it out with the HRA Calculator.
Self-occupied property, capped at ₹2 lakh.
80E education loan interest, 80G donations, 80TTA and the like.
Enter your income
Your tax under the old and new regimes appears here, side by side, with the cheaper one highlighted.
Runs entirely in your browser. Your data isn't uploaded — this page makes no network request with anything you type or upload, which you can verify in your browser's network tab. How this works.
What is the Income Tax Calculator?
An income tax calculator shows how much tax you will pay for the year and, just as importantly, which regime to choose. Enter your salary and any other income, add the deductions you claim, and it works out your tax under both the old and the new regime for FY 2026-27 side by side — with the standard deduction, the Section 87A rebate, surcharge and 4% health and education cess — and tells you which one saves more.
The new regime is the default and has lower rates, a ₹75,000 standard deduction and no tax at all on taxable income up to ₹12 lakh. The old regime has higher rates but lets you claim 80C, 80D, HRA, home loan interest and NPS. Which is better depends on how much you actually claim, and the comparison makes that obvious. Your figures are calculated in your browser and never uploaded.
How to use it
- Enter your gross annual salary and any other income, such as interest.
- Choose your age group — senior citizens have a higher exemption in the old regime.
- Fill in the deductions you claim: 80C, 80D, NPS, HRA exemption, home loan interest.
- Compare the old and new regime columns; the saving with the better one is shown at the top.
- Use the monthly tax figure to check the TDS on your payslip.
Example
A ₹15 lakh salary with a full ₹1.5 lakh in 80C and ₹2,400 professional tax.
Gross salary: ₹15,00,000 Section 80C: ₹1,50,000 Professional tax: ₹2,400
Old regime: taxable ₹12,97,600 → tax ₹2,09,850 New regime: taxable ₹14,25,000 → tax ₹97,500 New regime saves ₹1,12,350 a year
Features
- Old and new regime compared side by side for FY 2026-27
- Section 87A rebate, including marginal relief just above ₹12 lakh
- Surcharge with marginal relief, capped at 25% in the new regime
- Senior and super-senior citizen exemption limits
- Caps applied for you: 80C ₹1.5 lakh, 80CCD(1B) ₹50,000, home loan interest ₹2 lakh
- Monthly tax and effective tax rate
- Nothing is uploaded — your income stays in your browser