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Income tax calculator

New vs old regime tax for FY 2026-27, side by side.

≈ ₹12.00 L

≈ ₹1.50 L

Verdict
New regime wins
New regime tax
₹0
Old regime tax
₹1,11,800

Read this before you act on the number

Maths: FY 2026-27 slabs (Budget 2026 changed nothing): new regime to ₹12L effectively nil with rebate; 4% cess both sides. Verify rates against the lender's or fund's current card before acting.

Questions about this calculator

How does the Income tax calculator work?
FY 2026-27 slabs (Budget 2026 changed nothing): new regime to ₹12L effectively nil with rebate; 4% cess both sides. The result is an estimate in Indian rupees, not a quote from any lender, bank or fund.
Are the default rates current?
No. Defaults are illustrative starting points. Verify the current rate against the lender's or fund's latest rate card before making a decision.
Is the Income tax calculator free to use?
Yes. It runs in your browser, with no login and no inputs sent to a server.