Income Tax Calculator

Old Regime: FY 2025-26 | New Regime: FY 2026-27 (Updated Slabs)

India Tax Regime

Income Details

Annual Income (₹)

Age (as on 31st March)

Deductions & Exemptions

Applicable for Old Regime only

Section 80C (Max ₹1.5L)

Section 80D (Health Insurance)

Other Deductions (80E, 80G, etc.)

Standard Deduction of ₹50,000 is automatically applied for salaried individuals under both regimes.

Tax Regime

New Regime (2026-27): Default regime with lower rates, no deductions

Taxable Income

₹ 0

Total Tax Payable

₹ 0

Effective Tax Rate

Health & Education Cess (4%) ₹ 0

Tax Slab Breakdown

Click calculate to see tax breakdown

Old Regime (FY 2025-26): Higher deductions (80C, 80D, HRA) with slab rates: 0% up to ₹2.5L/3L/5L (based on age), 5% (2.5L-5L), 20% (5L-10L), 30% (above 10L)

New Regime (FY 2026-27): Default regime with revised slabs: 0% (₹0-4L), 5% (4L-8L), 10% (8L-12L), 15% (12L-16L), 20% (16L-20L), 25% (20L-24L), 30% (above 24L). No deductions except standard deduction.