Which financial year does this use?

The calculator targets FY 2025-26 (AY 2026-27). The financial year and all rules are shown on the result and in the assumptions box so nothing is hidden.

Does it cover capital gains or business income?

No. It estimates tax on regular/salary income for resident individuals and excludes capital gains and special-rate income. It is not tax advice.

Income Tax Calculator India

Estimate your income tax under the Indian regimes.

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Tax regime

Gross annual income

₹

Salaried / pensioner — apply standard deduction (₹75,000)

Total tax payable · FY 2025-26 (AY 2026-27)

₹97,500

Gross income₹15,00,000

Standard deduction− ₹75,000

Taxable income₹14,25,000

Tax before rebate₹93,750

Health & education cess (4%)₹3,750

Effective tax rate6.5%

Income after tax₹14,02,500

Slab-wise tax breakup

Slab	Rate	Taxable	Tax
₹4,00,000 – ₹8,00,000	5%	₹4,00,000	₹20,000
₹8,00,000 – ₹12,00,000	10%	₹4,00,000	₹40,000
₹12,00,000 – ₹16,00,000	15%	₹2,25,000	₹33,750

Assumptions · FY 2025-26 (AY 2026-27)

New regime: standard deduction ₹75,000; full rebate u/s 87A up to ₹60,000 for taxable income ≤ ₹12,00,000, with marginal relief just above it.
Old regime: standard deduction ₹50,000; rebate u/s 87A up to ₹12,500 for taxable income ≤ ₹5,00,000. Basic exemption varies by age.
Surcharge (10%/15%/25%/37%) with marginal relief above ₹50L; 4% health & education cess on tax + surcharge.
Estimate for resident individuals on regular income. Excludes capital gains, special-rate income and employer-specific perks. Not tax advice.

About Income Tax Calculator India

This calculator estimates income tax for resident individuals in India under both the new (default) and old regimes, using the slabs, rebate, standard deduction, surcharge and cess that apply for the financial year shown. It displays a full slab-wise breakup and the assumptions used.

How to use

1Choose the new or old tax regime.
2Enter your gross annual income and tick 'salaried' to apply the standard deduction.
3For the old regime, add your deductions (80C, 80D, HRA, etc.) and age group.
4Review the slab-wise tax, rebate, surcharge, cess and total tax payable.