🧮 Income Tax Calculator

FY 2026-27 (AY 2027-28) · Both regimes compared automatically

Your details

Residential status

Age

Income type

Salary / business income (₹)

Other income – interest, rent (₹)

…of which savings/FD interest (₹)

Short-term gains, equity 111A (₹)

Long-term gains, equity 112A (₹)

Employer NPS 80CCD(2) (₹)

Basic + DA (₹/yr)

Old-regime deductions & HRA (optional)

80C – EPF, PPF, ELSS, LIC (max 1.5L)

80D – self/family premium (₹)

80D – parents’ premium (₹)

Parents are 60+

80CCD(1B) – NPS (max 50k)

Home-loan interest 24(b) (max 2L)

80E – education loan interest (₹)

80G – eligible donations (₹)

HRA received (₹/yr)

Rent paid (₹/yr)

City

New regime	Rate	Old regime (below 60)	Rate
Up to ₹4,00,000	Nil	Up to ₹2,50,000	Nil
₹4L – ₹8L	5%	₹2.5L – ₹5L	5%
₹8L – ₹12L	10%	₹5L – ₹10L	20%
₹12L – ₹16L	15%	Above ₹10L	30%
₹16L – ₹20L	20%	Senior: ₹3L exempt · Super senior: ₹5L exempt
₹20L – ₹24L	25%
Above ₹24L	30%

New regime: standard deduction ₹75,000 (salaried), rebate up to ₹60,000 so taxable income up to ₹12L pays no tax (about ₹12.75L salary), with marginal relief just above it. Rebate is not given against 111A/112A gains.
Old regime: standard deduction ₹50,000, rebate ₹12,500 up to ₹5L. Basic exemption shortfall is adjusted against capital gains for residents.
STCG 111A at 20%; LTCG 112A at 12.5% above ₹1.25L. Surcharge (new regime capped at 25%) with approximate marginal relief; 4% cess.
Employer NPS cap: 14% of basic (new), 10% (old). Enter rental income after the 30% standard deduction. Non-residents get no rebate or senior exemption.
From 1 April 2026 the Income-tax Act, 2025 applies and “tax year” replaces FY/AY; section numbers changed but these rates are as per my knowledge of Budget 2026. Verify against the latest official notifications and consult a CA before filing. Estimates only.