Income Tax Calculator FY 2026-27
Estimate resident individual tax on normal-rate income for India's Tax Year 2026-27. Choose old or new regime; includes rebate and 4% cess.
Tax estimate for Tax Year 2026-27
This calculator estimates tax for a resident individual on income taxed at normal slab rates. The new regime is selected by default; select the old regime to use its age-based slabs. Enter net taxable income after applying only deductions and exemptions allowed under the selected regime.
The calculation applies the eligible rebate and 4% Health and Education Cess. It does not calculate deductions for you, tax on special-rate income, surcharge, or other tax adjustments.
Tax slabs
New regime (default)
| Net taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 to ₹8,00,000 | 5% |
| ₹8,00,001 to ₹12,00,000 | 10% |
| ₹12,00,001 to ₹16,00,000 | 15% |
| ₹16,00,001 to ₹20,00,000 | 20% |
| ₹20,00,001 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
The new-regime rebate for eligible resident individuals can reduce slab tax to nil when net taxable income is up to ₹12,00,000, subject to the statutory limit. Marginal relief applies just above that threshold. Income taxed at special rates is outside this calculator.
Old regime
| Age during the tax year | Net taxable income | Rate |
|---|---|---|
| Under 60 | Up to ₹2,50,000 | Nil |
| Under 60 | ₹2,50,001 to ₹5,00,000 | 5% |
| Under 60 | ₹5,00,001 to ₹10,00,000 | 20% |
| Under 60 | Above ₹10,00,000 | 30% |
| 60 to under 80 | Up to ₹3,00,000 | Nil |
| 60 to under 80 | ₹3,00,001 to ₹5,00,000 | 5% |
| 60 to under 80 | ₹5,00,001 to ₹10,00,000 | 20% |
| 60 to under 80 | Above ₹10,00,000 | 30% |
| 80 or older | Up to ₹5,00,000 | Nil |
| 80 or older | ₹5,00,001 to ₹10,00,000 | 20% |
| 80 or older | Above ₹10,00,000 | 30% |
Eligible resident individuals in the old regime may receive a rebate of up to ₹12,500 when net taxable income does not exceed ₹5,00,000.
Scope and limitations
- Use INR and enter net taxable income, not gross salary. Include the standard deduction and any other eligible deductions in that figure.
- Only resident individuals with ordinary slab-rate income are covered. The calculator does not determine residency or deduction eligibility.
- Special-rate income, such as certain capital gains or winnings, is not calculated.
- Surcharge and marginal relief on surcharge are not calculated. Income above ₹50,00,000 is outside the calculator's supported range.
- Results are estimates, not a tax return or professional tax advice. Confirm your facts and applicable rules before filing.