Income Tax Calculator AY 2026–27

← All calculators & tax resources

Your tax details

Annual amounts in Indian rupees

Example: ₹15 lakh salary, no other income or deductions. Replace these amounts with your own.

Taxpayer category

Age at any time during FY 2025–26

Income & deductions

Use the same salary and other income for both regimes.

Salary / own employment pension ₹ / year

After eligible exemptions and salary adjustments; before standard deduction if applied below. Excludes family pension.

Apply standard deduction automatically: up to ₹50,000 old / ₹75,000 new, limited to salary. Switch off if already deducted.

Other normal-rate income ₹ / year

Enter computed taxable income after income-head adjustments, before the deductions below. Do not enter gross rent, business turnover or exempt income.

Uncheck “same income” above if HRA exemptions, house-property rules or other permitted adjustments change your income between regimes.

Eligible deductions · old ₹ / year

Eligible Chapter VI-A amounts within their limits, such as 80C or 80D. Exclude amounts already deducted above.

Eligible deductions · new ₹ / year

Only deductions permitted in the new regime, such as eligible employer NPS contribution under 80CCD(2).

My case includes capital gains, dividends, other special-rate or treaty income, agricultural income integration, loss set-off / carry-forward, or a MAT/AMT computation.

These cases need a detailed review. Selecting this option replaces the estimate with guidance to contact our office.

Your figures stay on this page and are not included in the WhatsApp enquiry.

Example tax estimate

AY 2026–27 · FY 2025–26

Old regime

₹2,57,400Including surcharge and cess

New regime

₹97,500Including surcharge and cess

New regime: ₹1,59,900 lower estimated tax. This comparison assumes you are eligible to use either regime.

Tax breakdown in ₹. Total income and tax are rounded to the nearest ₹10 under sections 288A and 288B.
Calculation	Old regime	New regime
Standard deduction applied	₹50,000	₹75,000
Other deductions entered	₹0	₹0
Taxable income (rounded)	₹14,50,000	₹14,25,000
Income tax before rebate	₹2,47,500	₹93,750
Less: section 87A rebate	₹0	₹0
Less: section 87A marginal relief	₹0	₹0
Surcharge rate	0%	0%
Surcharge before relief	₹0	₹0
Less: surcharge marginal relief	₹0	₹0
Health & Education Cess · 4%	₹9,900	₹3,750
Estimated tax (rounded)	₹2,57,400	₹97,500

Estimated liability before TDS/TCS, advance tax, self-assessment tax, foreign-tax or MAT/AMT credits, section 89 relief, interest and fees. It does not calculate your balance payable or refund.

Regime choice can depend on business income, past elections and Form 10-IEA deadlines. A lower estimate does not establish eligibility. A nil estimate does not determine whether an ITR is required.

Make the next step clear.

Ask M H Consultancy to review your calculation and help with ITR filing.

Discuss my tax return Read the AY 2026–27 ITR guide

ABOUT YOUR ESTIMATE

A useful starting point.

The calculator applies the selected slabs or entity rate, eligible resident-individual rebate, marginal relief, surcharge and 4% cess. Standard deduction can be applied automatically to salary or your own employment pension.

Enter income and deductions already checked for eligibility. Family pension belongs in other income after its separate permitted deduction. Exempt income, property-sale TDS, capital gains, dividends, treaty relief, loss adjustments and MAT/AMT require separate consideration.

For property transactions, visit our NRI services and service guides. This annual income tax tool does not estimate TDS on a property sale.

Official sources & filing help

Rules checked on 15 September 2026. Use the assessment year shown when checking rates.