India Income Tax Calculator
Gross salary in, new-regime tax out — standard deduction, 87A rebate, and cess all handled.
These figures are tentative, not official — actual government tax rules can change at any time. Always verify against the Income Tax Department or a tax advisor before relying on this for real filing.
The ₹75,000 standard deduction under the new regime is applied automatically — enter your salary before any deductions.
The standard deduction applies only to salary/pension — non-salary income (interest, rental, capital gains, etc.) is added on top, without that deduction.
| Gross income | — |
| Standard deduction | — |
| Taxable income | — |
Estimate income tax under India's new tax regime for FY 2026-27 (AY 2027-28) from your gross salary — the ₹75,000 standard deduction, Section 87A rebate (zero tax up to ₹12,00,000), marginal relief just above that threshold, and 4% health and education cess are all applied automatically.
New regime slabs — FY 2026-27 (AY 2027-28)
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Plus 4% health and education cess on the tax payable. A Section 87A rebate of up to ₹60,000 brings net tax to zero for taxable income up to ₹12,00,000, with marginal relief just above that threshold.
Frequently asked questions
Is tax really zero up to ₹12,00,000?
Yes, under the new regime for FY 2026-27 — the Section 87A rebate cancels out the tax calculated on taxable income up to ₹12,00,000, so the net payable amount is zero at and below that threshold.
What happens just above ₹12,00,000?
Marginal relief applies so the extra tax never exceeds the extra income — for example, earning ₹10,000 more than ₹12,00,000 adds at most ₹10,000 of tax, not a sudden jump to the full slab-calculated amount.
Does this include the old tax regime?
No — this covers the new tax regime only, which has been the default regime since FY 2023-24. The old regime (with deductions like 80C, HRA, etc.) uses different slabs and isn't calculated here.
What about surcharge for very high incomes?
This calculator applies the standard 4% health and education cess but does not add surcharge, which kicks in for taxable income above ₹50 lakh. If your income is above that, your actual liability will be somewhat higher than shown here.
Why does it ask for gross salary instead of taxable income?
So you don't have to do the subtraction yourself — enter your salary or pension before any deductions, and the ₹75,000 standard deduction is applied automatically to get your taxable income. Non-salary income (rent, interest, capital gains) doesn't qualify for that deduction, so it has its own field and is added on top.