🇮🇳 India Income Tax Calculator
Estimate and compare new and old regime income tax for Tax Year 2026-27. Includes salary standard deduction, resident rebates, surcharge and marginal relief.
⚙️ Income and tax details
📊 Tax estimate
Tax Year 2026-27 · Income-tax Act, 2025
New tax regime
Lower estimateEstimated annual income tax
₹0
About ₹0 per month · effective rate 0%
- Taxable income
- ₹11,25,000
- Salary standard deduction
- ₹75,000
- Tax before rebate
- ₹52,500
- Rebate and relief
- -₹52,500
- Surcharge
- ₹0
- Health & Education cess (4%)
- ₹0
Old tax regime
Estimated annual income tax
₹1,17,000
About ₹9,750 per month · effective rate 11.7%
- Taxable income
- ₹10,00,000
- Salary standard deduction
- ₹50,000
- Other entered deductions / exemptions
- ₹1,50,000
- Tax before rebate
- ₹1,12,500
- Rebate and relief
- -₹0
- Surcharge
- ₹0
- Health & Education cess (4%)
- ₹4,500
The lower amount is only a comparison on the inputs provided. It is not a personalized recommendation to choose a regime.
⚡ Quick examples
How the India tax estimate works
Enter annual salary or pension income and other income that is taxed at normal slab rates. The calculator applies the salary standard deduction for the selected regime, then computes slab tax. For the old regime, enter any other eligible deductions or exemptions you expect to claim, excluding the standard deduction. The calculator then estimates rebate, surcharge, surcharge marginal relief and 4% Health and Education cess.
Tax Year 2026–27 slabs
Under the new regime, the bands are ₹0–4 lakh at 0%, ₹4–8 lakh at 5%, ₹8–12 lakh at 10%, ₹12–16 lakh at 15%, ₹16–20 lakh at 20%, ₹20–24 lakh at 25%, and income above ₹24 lakh at 30%. New-regime salary standard deduction is up to ₹75,000; old-regime salary standard deduction is up to ₹50,000.
New versus old regime
The new regime applies its own slab rates and eligible resident rebate. The old regime uses different slabs, age-based basic exemption thresholds for resident senior citizens, and user-entered eligible deductions. The comparison is only as accurate as those inputs; it does not check which exemptions or deductions you qualify for.
Official rate sources and updates
Rules are stored centrally with the effective tax year, verification date and official references. These rates were checked against government publications on 2026-11-03. ToolMint does not monitor or update tax rates live. After a Union Budget or amendment, the rules must be re-verified, the central values and tests updated, and the site redeployed.