Income tax calculators
Slabs, regimes and deductions for FY 2026-27. Free, with every formula shown and no sign-up.
Rules for FY 2026-27 · Checked 24 October 2026
- CalculatorIncome tax calculatorOld vs new regime for FY 2026-27, with every slab shown.
- CalculatorHRA exemption calculatorHow much of your house rent allowance is tax-free.
- CalculatorCapital gains tax calculatorTax on selling shares and equity mutual funds.
- Ready answersIncome tax by salaryTax on every salary from ₹3 to ₹50 lakh
Guides
- GuideOld vs new tax regime: which is better for you?Compare the old and new income tax regimes for FY 2026-27 with worked examples and the deductions you need for the old regime to win.
- GuideNo tax up to ₹12 lakh: how the rebate and marginal relief workWhy salary up to ₹12.75 lakh is tax-free in the new regime, how marginal relief works just above ₹12 lakh, and what the rebate does not cover.
- GuideIncome tax deductions for FY 2026-27Every major income tax deduction for FY 2026-27 with its limit and which regime allows it: 80C, 80D, NPS, HRA, home loan, standard deduction and more.
About these calculators
These calculators follow the income tax rules for FY 2026-27 (AY 2027-28). The new regime is the default and charges no tax on a salary of up to ₹12.75 lakh. The old regime has higher rates but allows deductions such as HRA, 80C, 80D and home loan interest.
Every calculator shows the slab-by-slab working, so you can check the answer against your Form 16 or your employer’s TDS.
Frequently asked questions
Which tax regime should I choose?
For most salaried people the new regime costs less. The old regime wins only with large deductions: more than about ₹5.5 lakh apart from the standard deduction at a ₹15 lakh salary. See old vs new regime.
Is income up to ₹12 lakh tax-free?
In the new regime, yes: a rebate wipes out the tax on taxable income up to ₹12 lakh. With the ₹75,000 standard deduction, a salary up to ₹12.75 lakh pays no tax. See how the rebate works.
Did the Income-tax Act, 2025 change the tax rates?
No. The new Act took effect on 1 April 2026 and renumbered many sections, but kept the slabs, rebate and deduction limits.