Income Tax Calculator
Estimate and compare old vs new regime tax for AY 2027-28 (FY 2026-27).
Age only affects the old regime — the new regime uses the same slabs for every age.
Only salaried/pension income gets the standard deduction.
Enter your total deductions as one combined figure. This only reduces taxable income under the old regime, which is the only regime that allows these deductions.
- Taxable income
- ₹11,25,000
- Tax (before rebate)
- ₹52,500
- Section 87A rebate
- - ₹52,500
- Cess (4%)
- ₹0
- Total tax
- ₹0
- Take-home
- ₹12,00,000
- Taxable income
- ₹10,00,000
- Tax (before rebate)
- ₹1,12,500
- Section 87A rebate
- - ₹0
- Cess (4%)
- ₹4,500
- Total tax
- ₹1,17,000
- Take-home
- ₹10,83,000
Health & Education Cess (4%) is included in the total tax shown. Take-home is gross income minus total tax, before any other deductions like PF or professional tax.
Frequently asked questions
No. This is a free estimate for planning purposes only, not tax advice or an official calculation. Always confirm your actual tax liability using the Income Tax Department's own calculator or a qualified tax professional before filing.
It doesn't cover surcharge (which applies above ₹50 lakh total income), capital gains (taxed at separate special rates), business or professional income, or presumptive taxation. It's built for a straightforward salaried or pension-income case under the normal slab rates only.
It depends entirely on your income and how many deductions you actually claim. The new regime has lower rates but very few deductions; the old regime allows deductions like 80C, 80D, HRA, and home loan interest but has higher rates. This calculator computes both so you can compare directly for your own numbers.
It prevents a rupee more of income from ever costing more than a rupee more in tax right above the rebate threshold (₹12 lakh in the new regime, ₹5 lakh in the old regime). Without it, crossing the threshold by a small amount could otherwise create a large, unfair jump in tax owed.
No. Every calculation happens entirely in your browser using plain arithmetic — nothing is sent to a server.
These reflect AY 2027-28 (FY 2026-27) slabs as of Budget 2026, last verified 2026-09-05. Tax slabs can change with each year's Union Budget — if you're seeing this after a new Budget, double-check against the official source before relying on the numbers.
Official reference: Income Tax Department, incometax.gov.in
How to use
- Enter your details
Age bracket, annual income, and employment type.
- Add deductions
For the old regime: 80C, 80D, HRA, and other deductions.
- Compare
See both regimes' tax breakup side by side.
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Income Tax
Estimate income tax for FY 2026-27 and compare the old and new tax regimes side by side, including Section 87A rebate and marginal relief.
Deciding between the old and new tax regime usually means running the same numbers twice by hand, since the answer depends entirely on how much you earn and how many deductions you actually claim. This calculator does both calculations at once: enter your income, age bracket, and employment type, add your total deductions for the old regime, and see a full breakup — taxable income, tax before rebate, the Section 87A rebate (including marginal relief right above the threshold, so a rupee more of income never costs more than a rupee more in tax), the 4% Health and Education Cess, and total tax — for both regimes side by side, with whichever one is cheaper clearly marked. It's scoped to the common case: normal salary or pension income under slab rates. Surcharge (above ₹50 lakh), capital gains, and business income are deliberately out of scope, and every result is labeled as an estimate, not tax advice.
How to use this tool
- Enter your annual gross income, age bracket, and employment type.
- For the old regime, enter your total 80C, 80D, HRA, and other deductions as one figure.
- Compare the full tax breakup for both regimes.
- Confirm your actual liability with the official Income Tax Department calculator or a tax professional before filing.
Why users choose this tool
- Focused workflow for a quick, honest estimate for a salaried or pension-income case, with a clear comparison of both regimes.
- Instant calculations with clear value breakdowns.
- Improves decision quality in money and planning tasks.
- Reduces formula mistakes in manual calculations.
- Reliable a full tax breakup and total payable under both regimes generation with fewer manual steps.
Common use cases
- Decide between the old and new tax regime for your actual income and deductions.
- Get a quick estimate of take-home pay after tax for salary negotiation or planning.
- Sanity-check a number from a payroll or HR tax declaration form.
When to choose this tool
The new regime has lower rates and a straightforward calculation, but allows very few deductions beyond the standard deduction. The old regime has higher rates but lets you claim 80C, 80D, HRA, home loan interest, and other deductions — it tends to win for people with significant deductions, while the new regime tends to win for people with few. There's no universal answer; it depends on your own numbers, which is exactly why this calculator computes both.
Privacy-first: Where browser-based processing is available, your files stay on your device. No file is uploaded to our servers unless strictly required for the tool to function.
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