Updated
The income tax calculator applies the FY 2026-27 slab rates, standard deduction, Section 87A rebate and 4% health and education cess to your gross salary and the deductions you enter. Change every input and see the estimate update immediately.
Your estimate
₹97,500
Lower estimated tax - New regime
Old regime taxable income
₹13,78,000
Old regime tax including cess
₹2,34,936
New regime taxable income
₹14,25,000
New regime tax including cess
₹97,500
Accepted combined 80C
₹72,000
Estimated annual tax difference
₹1,37,436
Post-tax annual salary at lower estimate
₹14,02,500
Post-tax monthly salary at lower estimate
₹1,16,875
You selected side-by-side comparison; both legal regimes are still calculated so the estimates remain comparable.
This calculator is for resident salaried individuals and excludes business income, capital gains, foreign income, surcharge and special-rate income.
This is an educational estimate, not a tax return or personal recommendation. Confirm the final position with a Chartered Accountant or qualified tax professional.
Educational estimate only. Methodology 2026.08. This is not a return promise, loan offer, tax filing or financial recommendation.
Results are estimates for learning and planning only. Tax rules, interest rates and scheme terms change from time to time, and your actual figures may differ. Please talk to a qualified financial advisor or chartered accountant before making any financial decision.
Salaried individuals in India choose each year between the new tax regime, with lower slab rates and few deductions, and the old regime, with higher rates but deductions such as 80C, 80D and home-loan interest. This calculator works out your tax under both for FY 2026-27 so you can see which one leaves you with more take-home pay.
The income tax calculator applies the FY 2026-27 slab rates, standard deduction, Section 87A rebate and 4% health and education cess to your gross salary and the deductions you enter. It shows taxable income and tax for each regime side by side, the difference between them and your monthly salary after tax.
Worked example. A ₹15 lakh salary with no deductions has taxable income of ₹14.25 lakh under the new regime, giving tax of about ₹97,500 including cess. Under the old regime, even with ₹1.5 lakh in 80C and ₹25,000 in 80D, tax is about ₹2,02,800, so the new regime saves roughly ₹1.05 lakh. At ₹12.75 lakh salary, new-regime tax is nil after the standard deduction and rebate.
Effective 2026-04-01. Reviewed 2026-08-10.
Review again after 2027-03-31.
Policy-linked estimates can become stale. Confirm current eligibility, rates, limits and filing treatment before acting.
No. India has old and new regimes. 'Not sure' simply asks the calculator to present both estimates side by side.
No. Eligible EPF, PPF, LIC, ELSS, tuition, home-loan principal and other 80C amounts share one combined ₹1.5 lakh ceiling.
It is an educational tool that applies the disclosed income-tax slabs method to the assumptions you enter.
No. Results are estimates, not forecasts, approvals, quotations or guarantees.
Testing conservative and optimistic inputs exposes uncertainty instead of hiding it behind one number.
Only when a tax or fee is shown as an explicit input or result. Otherwise it is excluded.
The mathematics follows the stated methodology, while real outcomes depend on rates, timing, rules, fees and circumstances.
No. Use it for education and scenario comparison, then verify decisions with official documents or a qualified professional.
Inflation translates a future amount into approximate present-day purchasing power. The default 6% is editable and is not a forecast.
Recalculate when rates, income, contributions, rules, goals or repayment terms change.
Yes. Institutions may use different compounding dates, rounding, charges and eligibility rules.
No. Calculations run locally in your browser and the input values are not sent to a calculation server.