Income Tax Calculator

Your income tax for FY 2026-27, slab by slab. Budget 2026 kept last year's rates: under the new regime, salaried income up to ₹12.75 lakh pays no tax.

Gross salary before standard deduction. For old regime, enter it after HRA exemption or add HRA below.
Interest, rent (after 30% deduction), freelance profit. Excludes capital gains.
80CCD(2), both regimes
Total tax
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Taxable income
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Monthly TDS (approx.)
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Income after tax
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Slab-wise breakdown

FY 2026-27 slabs at a glance

New regime (default)

Up to ₹4 lakhNil
₹4–8 lakh5%
₹8–12 lakh10%
₹12–16 lakh15%
₹16–20 lakh20%
₹20–24 lakh25%
Above ₹24 lakh30%

Standard deduction ₹75,000. Full rebate up to ₹12 lakh taxable income, with marginal relief just above it.

Old regime

Up to ₹2.5 lakh*Nil
₹2.5–5 lakh5%
₹5–10 lakh20%
Above ₹10 lakh30%

*₹3 lakh for ages 60–79, ₹5 lakh for 80+. Standard deduction ₹50,000. Rebate up to ₹5 lakh taxable income.

Surcharge applies above ₹50 lakh (10%), ₹1 crore (15%) and ₹2 crore (25%; old regime goes to 37% above ₹5 crore), with marginal relief. A 4% health and education cess applies on top. From 1 April 2026 the Income-tax Act, 2025 replaces the 1961 Act and "tax year" replaces "previous year"; the rates above are unchanged. Capital gains are taxed at special rates and aren't included here.