Income Tax Estimator
Estimate your India income tax (new & old regime).
₹15,00,000
Estimated tax for the year
₹97,500
Effective rate 6.5% · Take-home ₹14,02,500
- Taxable income
- ₹14,25,000
- Tax on slabs
- ₹93,750
- Health & education cess (4%)
- ₹3,750
- Total tax
- ₹97,500
How the slab tax builds up
| Slab | Rate | Tax |
|---|---|---|
| ₹4,00,000 – ₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,000 – ₹12,00,000 | 10% | ₹40,000 |
| ₹12,00,000 – ₹14,25,000 | 15% | ₹33,750 |
Estimate for FY 2025-26 & FY 2026-27 (rules unchanged). Excludes capital gains and special-rate income. Not tax advice — confirm with a professional.
Runs entirely in your browser — nothing you enter is uploaded or sent to a server.
An estimate for salary-type income under the normal slabs — it doesn't cover capital gains, business income or other special-rate income, and slabs can change each Budget. Confirm the final figure on the Income Tax portal or with a CA; this isn't tax advice or a filing. Read our full disclaimer.
About this tool
A quick estimate of the income tax you'd owe in India, for both the new regime (the default) and the old regime. It applies the current slab rates, the Section 87A rebate — including the marginal relief that keeps tax low just above ₹12 lakh in the new regime — plus surcharge (with marginal relief) and the 4% health & education cess. The old regime lets you enter the usual deductions (80C, 80D, NPS, home-loan interest, HRA) and picks the right slabs for your age. Budget 2026 left the slabs unchanged, so the same numbers cover FY 2025-26 and FY 2026-27.
Example
A salaried person earning ₹12,75,000 pays zero tax under the new regime — the ₹75,000 standard deduction brings taxable income to ₹12 lakh, which the 87A rebate wipes out. At ₹20 lakh, the estimator shows the slab build-up, rebate, and 4% cess.
How to use
- 1Choose the new or old regime (new is the default in India).
- 2Enter your gross annual income and confirm whether you're salaried (for the standard deduction).
- 3For the old regime, pick your age group and enter your deductions (80C, 80D, NPS, home-loan interest, HRA…).
- 4Read your estimated tax, the slab-by-slab breakdown, rebate, surcharge, and cess.
Features
- Both regimes: new (default) and old, with the correct current slabs.
- Section 87A rebate with the new-regime marginal relief above ₹12 lakh.
- Surcharge (with marginal relief) and 4% health & education cess.
- Old-regime deductions with the right caps, plus age-based slabs.
- Covers both FY 2025-26 and FY 2026-27 (Budget 2026 left the slabs unchanged).
Frequently asked questions
Which years does this cover?
FY 2025-26 (AY 2026-27) and FY 2026-27 (AY 2027-28). Budget 2026 made no changes to the slabs, rebate, surcharge, cess, or standard deduction, so the same rules apply to both years.
Why is my tax zero up to ₹12.75 lakh in the new regime?
The ₹75,000 standard deduction reduces a ₹12.75 lakh salary to ₹12 lakh taxable, and the Section 87A rebate (up to ₹60,000) cancels the tax on income up to ₹12 lakh. Just above that, marginal relief keeps the tax small.
Should I choose the new or old regime?
The new regime is the default and usually wins unless you claim significant deductions (80C, 80D, HRA, home-loan interest). Try both here to compare — but confirm with your actual figures.
Does this handle capital gains or business income?
No. It estimates tax on salary-type income only. Special-rate income like capital gains (111A/112A) and lottery winnings are taxed differently and are excluded from the 87A rebate. This is an estimate, not tax advice.
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