Quick Income Tax Calculator

Enter your taxable income to instantly calculate tax under old or new regime for AY 2026-27.

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Rebate u/s 87A is available only to residents

Tax Calculation Results

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Tax Slabs for AY 2026-27

New Regime (Section 115BAC)

Income Slab Tax Rate ₹0 - ₹4,00,000 0% ₹4,00,001 - ₹8,00,000 5% ₹8,00,001 - ₹12,00,000 10% ₹12,00,001 - ₹16,00,000 15% ₹16,00,001 - ₹20,00,000 20% ₹20,00,001 - ₹24,00,000 25% Above ₹24,00,000 30% Rebate u/s 87A: Up to ₹60,000 if income ≤ ₹12,00,000 Health & Education Cess: 4% on (Tax + Surcharge)

Old Regime (Below 60 years)

Income Slab Tax Rate ₹0 - ₹2,50,000 0% ₹2,50,001 - ₹5,00,000 5% ₹5,00,001 - ₹10,00,000 20% Above ₹10,00,000 30% Rebate u/s 87A: Up to ₹12,500 if income ≤ ₹5,00,000

FAQs

0-4L: 0%, 4-8L: 5%, 8-12L: 10%, 12-16L: 15%, 16-20L: 20%, 20-24L: 25%, Above 24L: 30%.

No, rebate under section 87A is available only to resident individuals.

Health and Education Cess is 4% calculated on (Income Tax + Surcharge).

⚠️ Disclaimer: For estimation only. Verify on official e-Filing portal.