Income Tax Calculator

This calculator is an estimate for FY 2025–26 · AY 2026–27, not an automatically current-year tax engine. It compares resident individuals with salary and ordinary slab-rate income. It models standard deduction, entered old-regime claims, progressive slabs, applicable rebate, new-regime rebate-threshold marginal relief and cess.

Each regime stops estimating tax above ₹50 lakh taxable income because surcharge and surcharge relief are not implemented. Capital gains, special-rate receipts, business/non-resident rules, losses, credits, family pension and new-regime employer NPS deductions are outside this model. Other income must already be its normal-rate taxable amount-not unadjusted rental receipts. Enter salary before the deductions this tool applies, so they are not counted twice.

Sources: Income Tax Department - AY 2026–27 rates and deductions, resident senior-citizen guidance and salary deductions. These references do not validate your individual claims.

Pending edits do not silently alter the results. Copy result link includes only applied values. Opening that URL renders the matching result on the server. Shared URLs contain financial information; share carefully.

Rates apply progressively, not to all income at the highest rate. These tables show the historical preset. The old-regime table here is for residents below 60; the calculator also supports its other resident age groups.

The boundary at each upper limit belongs to the preceding band; only income above it enters the next. Slab amounts use full precision. Display values and estimated tax use rupee rounding; filing-system rounding to ₹10 is not replicated.

A deduction changes taxable income; a rebate changes calculated tax. Neither is automatically a monthly payroll deduction. For salary income, this preset uses the lower of salary and ₹75,000 standard deduction in the new regime, or ₹50,000 in the old. Other income alone does not receive that salary deduction.

Enter eligible claims rather than assuming all insurance premiums, rent or investments qualify. The tool validates numerical ranges but not entitlement, supporting documents or duplicate claims. The other-deductions field is for separately verified old-regime claims; exclude the standard deduction and amounts already entered elsewhere.

Income after tax is not in-hand salary: PF, professional tax and other payroll deductions can still apply. For a cash-salary estimate, use the In-Hand Salary Calculator.

For the initial/shared example, entered income is ₹15,00,000. Estimated new-regime tax is ₹97,500 and old-regime tax is ₹1,71,600. The worked example follows page-load inputs; live results update after Calculate.

The following examples use residents below 60, salary only and no optional deductions. They are model outputs, not personalized recommendations.

• Confirm the financial year, residency and income types match this model.
• Reconcile salary and other taxable income with your tax records; do not enter CTC blindly.
• Check deduction eligibility, limits, proofs and whether any amount was counted twice.
• Do not treat annual tax divided by twelve as your employer's exact monthly TDS schedule.
• Tax already paid or withheld affects the outstanding balance, not the gross liability shown here.

Review complex situations with a qualified tax professional. This tool does not file a return, establish regime-switching eligibility, or calculate refunds, advance-tax interest or penalties.