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Tools & Calculators

Income Tax Calculator

Compare your tax under the old and new regimes, side by side, using the FY 2026-27 slabs.

Your Income

Annual Gross Income ₹12,00,000

Section 80C Investments (Old Regime Only) ₹1,50,000

PPF, ELSS, EPF, life insurance premium, etc. — capped at ₹1,50,000. Not usable under the new regime.

Better Option

—

New Regime Tax

₹0

Old Regime Tax

₹0

New Regime Taxable Income

₹0

Old Regime Taxable Income

₹0

Estimates only, using FY 2026-27 slabs (unchanged from FY 2025-26 — Budget 2026 made no changes), standard deduction (₹75,000 new / ₹50,000 old), Section 87A rebate, and 4% health & education cess. Doesn't account for HRA, other deductions (80D, home loan interest, etc.), surcharge on very high incomes, or any law changes since — check with a CA before filing. See also our Tax Slabs by Year reference.