Income Tax Calculator (India)
Compare your income tax under the new and old regimes. Enter your annual income, age group and any old-regime deductions, and the calculator works out the tax under each regime side by side — including the standard deduction, the §87A rebate, surcharge and 4% cess — and highlights the option that costs you less.
80C, 80D, HRA, home-loan interest, etc. — used in the old regime only.
You save ₹1,63,800
- Taxable income
- ₹11,25,000
- Income tax
- ₹52,500
- §87A rebate
- − ₹52,500
- Cess (4%)
- ₹0
- Taxable income
- ₹11,50,000
- Income tax
- ₹1,57,500
- Cess (4%)
- ₹6,300
Estimate only — a simplified model for a resident individual; surcharge ignores marginal relief. Not tax advice; verify on incometax.gov.in. For FY 2026-27 the Income-tax Act 2025 applies (new regime §202, rebate §156) — the amounts are unchanged.
Frequently asked questions
How much income is tax-free under the new regime?+
For FY 2026-27, a salaried person pays zero tax up to ₹12,75,000 — the ₹12,00,000 §87A rebate threshold plus the ₹75,000 standard deduction. Above that, the new-regime slabs run from 5% to 30%.
Which regime is the default?+
The new regime is the default. You can still opt for the old regime, where Chapter VI-A deductions (80C, 80D, HRA, home-loan interest, etc.) are allowed but the §87A rebate applies only up to ₹5,00,000 of income (max ₹12,500).
Did Budget 2026 change the tax slabs?+
No. The slabs, rebate, standard deduction, cess and surcharge are the same for FY 2025-26 and FY 2026-27. From FY 2026-27 the Income-tax Act 2025 renumbers the provisions (new regime §202, rebate §156), but the amounts are unchanged.