Estimate your Indian income tax, applicable rebate, cess and post-tax income under the old or new tax regime.
Enter the values below to calculate your result.
Enter the required values and click Calculate to see your result.
Enter your annual income, applicable deductions and preferred tax regime. The calculator estimates taxable income, applies the selected regime's tax slabs, accounts for the applicable Section 87A rebate where relevant, adds 4% Health & Education Cess and estimates your post-tax income.
Taxable Income = Annual Income − Deductions; Total Tax = Income Tax − Applicable Rebate + 4% Health & Education CessInputs
For ₹12,00,000 of taxable income under the new regime, the slab tax is ₹60,000 and the applicable Section 87A rebate can reduce the income tax to ₹0. No cess is payable when the resulting income tax is ₹0.
Inputs
Taxable income is ₹13,50,000. Under the old regime, the calculator applies the applicable slab rates and 4% Health & Education Cess to estimate the total tax.
An income tax calculator helps estimate your Indian income tax liability based on annual income, applicable deductions and the selected tax regime.
For AY 2026-27, the new tax regime uses slabs starting at ₹4 lakh and increasing through ₹24 lakh, with income above ₹24 lakh taxed at 30%. The old regime uses different slab rates and thresholds.
The Section 87A rebate can significantly reduce tax for eligible resident individuals. Under the new regime for AY 2026-27, the rebate can be up to ₹60,000 for total income up to ₹12 lakh. The old regime provides a rebate of up to ₹12,500 for eligible income up to ₹5 lakh.
A 4% Health & Education Cess is applied to the applicable income tax after rebates. This calculator is a simplified estimator and does not cover every tax rule, exemption, special-rate income, surcharge or individual tax situation.
Tax rules can change between financial years. Always verify the result against the latest official Income Tax Department rules before making financial decisions.
An income tax calculator estimates your tax liability based on income, applicable deductions and the selected tax regime.
Taxable income is the amount used for the slab calculation after the deductions entered into the calculator are subtracted from annual income.
The old and new regimes use different tax slabs and have different rules regarding deductions, exemptions and rebates. The applicable rules depend on the relevant assessment year and taxpayer circumstances.
Section 87A provides an income-tax rebate to eligible taxpayers subject to the applicable income threshold and rules. The rebate can reduce or eliminate income tax when the taxpayer qualifies.
Yes. A 4% Health & Education Cess is added to the applicable income tax after the estimated rebate.
No. This simplified calculator does not calculate surcharge. Higher-income taxpayers may need a more detailed calculation that accounts for applicable surcharge rules.
No. This is a simplified income-tax estimator. Special-rate income such as certain capital gains, securities income and other categories may be subject to separate rules.
No. It is an estimation tool. Tax liability should be verified using the latest official rules or with a qualified tax professional before filing or making financial decisions.
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