For indicative purposes only. Consult a chartered accountant for filing advice. Tax rates for FY 2026-27 (AY 2027-28).
This calculator estimates your income tax for FY 2026-27 (AY 2027-28) under both the new tax regime — the default since FY 2024-25 — and the old tax regime, so you can see which one leaves you with more take-home pay. The new regime applies a flat ₹75,000 standard deduction and lower slab rates but allows almost no other exemptions, while the old regime applies a ₹50,000 standard deduction plus whatever deductions you enter below, taxed at higher slab rates. Both regimes apply the Section 87A rebate for lower incomes, surcharge for high earners, and a 4% health and education cess.