How this India income-tax estimate works
- Enter annual salary components and, if relevant, ordinary interest, rental or other income.
- Choose your age category and whether you are a resident individual. Residency matters for the Section 87A rebate.
- Enter only deductions you can substantiate. HRA and the common Chapter VI-A inputs are applied to the old-regime comparison.
- Review both regimes. The estimate applies the slab tax, rebate, surcharge threshold logic and 4% health and education cess.
The result is an estimate, not a notice of demand or a return-filing calculation. It does not silently treat capital gains or other special-rate income as slab-rate income.
Indian income-tax slabs for Tax Year 2026–27
These rates apply to taxable income before the Section 87A rebate and cess. The new regime is age-neutral in the slab table; old-regime basic exemption limits vary by age.
New regime (default)
| Taxable income band | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001–₹8,00,000 | 5% |
| ₹8,00,001–₹12,00,000 | 10% |
| ₹12,00,001–₹16,00,000 | 15% |
| ₹16,00,001–₹20,00,000 | 20% |
| ₹20,00,001–₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Old regime (below 60)
| Taxable income band | Rate |
|---|---|
| Up to ₹2,50,000 | Nil |
| ₹2,50,001–₹5,00,000 | 5% |
| ₹5,00,001–₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Old-regime age bands: the nil basic exemption is ₹3 lakh for individuals aged 60–79 and ₹5 lakh for individuals aged 80 or more. The calculator uses the age category selected in the form.
Reliefs used: the current estimate uses a ₹75,000 new-regime standard deduction, ₹50,000 old-regime standard deduction, resident Section 87A rebate up to ₹60,000 at taxable income up to ₹12 lakh in the new regime, and 4% cess on tax plus surcharge.
New vs old regime: what the calculator includes
| Input or relief | New regime | Old regime |
|---|---|---|
| Standard deduction | ₹75,000 | ₹50,000 |
| HRA exemption | Not included | Three-part HRA formula |
| 80C, 80D, 80E, 80TTA/TTB | Not included | Included subject to entered limits |
| Employer NPS (80CCD(2)) | Eligible amount entered, subject to the 14% planning ceiling | Same input; old-regime employer limits may be lower |
| Professional tax | Not deducted in this estimate | Actual amount entered can reduce salary income |
Sources and scope
Official slabs
Income Tax Department’s AY 2026–27 guidance lists the old/new slabs, default new regime, rebate limits, surcharge and cess.
Read the sourceTax Year 2026–27
The Ministry of Finance memorandum records the Tax Year 2026–27 rates and 4% health and education cess.
Read the memorandumOfficial calculator
Use the government calculator for return preparation and cases outside this page’s ordinary-income scope.
Open official calculatorThis page does not model special-rate capital gains, AMT, every exemption, loss set-off, employer-specific NPS limits, or state-specific payroll rules. Verify your inputs and final liability with the official portal or a qualified tax professional.
India income-tax calculator FAQs
Which Indian tax regime is the default for Tax Year 2026–27?
The new tax regime is the default for eligible individual taxpayers. A non-business taxpayer can opt out and choose the old regime in the income-tax return; business or professional taxpayers have an additional Form 10-IEA process.
What are the new-regime slabs for Tax Year 2026–27?
The new regime is nil up to ₹4 lakh, then 5% from ₹4–8 lakh, 10% from ₹8–12 lakh, 15% from ₹12–16 lakh, 20% from ₹16–20 lakh, 25% from ₹20–24 lakh, and 30% above ₹24 lakh. The calculator applies these rates to taxable income before the Section 87A rebate and 4% cess.
How does Section 87A change the result?
For a resident individual, the new-regime rebate can reduce tax by up to ₹60,000 when taxable income does not exceed ₹12 lakh. The old-regime rebate is up to ₹12,500 when taxable income does not exceed ₹5 lakh. This calculator also models marginal relief just above ₹12 lakh in the new regime.
Can I claim HRA and 80C under the new regime?
This estimate applies HRA, Section 80C, Section 80D, Section 80E, Section 80TTA/TTB and self-occupied Section 24 inputs only to the old-regime calculation. The new-regime estimate uses the standard deduction and an eligible employer NPS contribution entered in the calculator; actual eligibility depends on the applicable law and facts.
What standard deduction does the calculator use?
For Tax Year 2026–27, the estimate uses ₹50,000 under the old regime and ₹75,000 under the new regime for salary or pension income. The amount is applied only up to the relevant salary income in the calculation.
Is this an official tax-return calculation?
No. It is a planning estimate for ordinary salary and other income entered by the user. It does not file a return and does not model special-rate capital gains, AMT, every exemption, or every employer and state-specific rule. Use the official Income Tax Department calculator or a qualified tax professional before filing.
Editorial review and disclaimer
Reviewed for Tax Year 2026–27 on 23 August 2026 by the Instant Calculator editorial team. This is an educational estimate, not tax, legal or financial advice. Rules can change and the official Income Tax Department portal controls filing.
See our editorial standard for source and correction practices.