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Income Tax Calculator

Compare Indian old and new tax regime estimates.

FY 2026-27 (rates per Union Budget 2025 — verify before filing)

New regime

Lower tax
Taxable income₹14,25,000
Tax before rebate₹93,750.00
Rebate (Sec 87A)₹0.00
Health & education cess₹3,750.00
Total tax₹97,500.00
Take-home₹14,02,500.00

Old regime

Taxable income₹13,00,000
Tax before rebate₹2,02,500.00
Rebate (Sec 87A)₹0.00
Health & education cess₹8,100.00
Total tax₹2,10,600.00
Take-home₹12,89,400.00

AI insight

Get a brief, general explanation of what these results mean. This is educational information, not personalized financial advice.

About the Income Tax Calculator

Compare estimated tax liability and take-home pay under India's new and old tax regimes side by side, including slab tax, Section 87A rebate, and health and education cess. FY 2026-27 (rates per Union Budget 2025 — verify before filing).

How the result is produced

The estimator applies the versioned FY 2026–27 slab constants in the application, compares the old and new regime inputs, and calculates the displayed tax and take-home estimates.

Example: Enter gross income and eligible deductions to compare the two regime estimates and identify which assumptions drive the difference.

Limitations and review notes

The rates and deductions are date-specific estimates, not filing-grade advice. Surcharge, cess, rebates, capital gains, special income, employer benefits, and future budget changes may alter actual liability; verify current official rules before filing.

How to use it

  1. 1. Enter your gross annual income.
  2. 2. Enter deductions to apply to the old-regime estimate.
  3. 3. Compare total tax and take-home pay under both regimes.
  4. 4. Check which regime shows the lower tax for your inputs.

FAQ

Which tax year do these rates apply to?

FY 2026-27 (rates per Union Budget 2025 — verify before filing). Tax slabs can change with each budget, so verify against the current Finance Act before filing.

Why do deductions only apply to the old regime?

The new regime does not allow most common deductions such as 80C or HRA, so this tool applies your deductions field only to the old-regime estimate.

Does this include cess?

Yes. Both estimates include the standard 4% health and education cess on the tax after rebate.

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