Income Tax Calculator India 2026-27
Calculate income tax under old and new regime instantly. Free calculator for salaried, business, and freelancers. Join 75,000+ taxpayers using DoAide tax tools. Updated for FY 2026-27 slabs.
Calculate Your Income Tax
Enter your salary and deductions. Get instant tax under both old and new regime with comparison.
Open Tax Calculator → Old vs New ComparisonIncome Tax Slabs 2026-27
| Income Slab | Tax Rate |
|---|---|
| Up to Rs 4,00,000 | Nil |
| Rs 4,00,001 – Rs 8,00,000 | 5% |
| Rs 8,00,001 – Rs 12,00,000 | 10% |
| Rs 12,00,001 – Rs 16,00,000 | 15% |
| Rs 16,00,001 – Rs 20,00,000 | 20% |
| Rs 20,00,001 – Rs 24,00,000 | 25% |
| Above Rs 24,00,000 | 30% |
Standard deduction of Rs 75,000 available. Tax rebate under Section 87A: zero tax if taxable income up to Rs 12 lakh. Surcharge applies for income above Rs 50 lakh.
| Income Slab | Tax Rate |
|---|---|
| Up to Rs 2,50,000 | Nil |
| Rs 2,50,001 – Rs 5,00,000 | 5% |
| Rs 5,00,001 – Rs 10,00,000 | 20% |
| Above Rs 10,00,000 | 30% |
Old regime allows deductions under 80C (Rs 1.5 lakh), 80D (medical insurance), HRA exemption, home loan interest (Section 24), NPS (80CCD), and more.
Why Use DoAide Tax Calculator?
Old vs New Comparison
See exact tax under both regimes side by side. Enter your deductions and instantly know which regime saves more tax.
HRA Calculator
Calculate HRA exemption based on your city, rent paid, and basic salary. See tax savings with and without HRA.
Section 80C Optimizer
Find the best 80C investment mix — EPF, PPF, ELSS, NPS, insurance — to maximize tax savings within the Rs 1.5 lakh limit.
Capital Gains Tax
Calculate STCG and LTCG on equity, debt, property, and gold. Updated with latest holding period rules and indexation.
Salary Optimizer
Restructure your CTC for maximum tax savings. Optimize basic, HRA, special allowance, and reimbursement components.
NPS Tax Benefit
Calculate additional 80CCD(1B) deduction of Rs 50,000 for NPS investment. See how NPS reduces your tax liability.
More Free Tax Tools
Frequently Asked Questions
What are the new regime income tax slabs for FY 2026-27?
Under the new regime: Rs 0-4 lakh: Nil, Rs 4-8 lakh: 5%, Rs 8-12 lakh: 10%, Rs 12-16 lakh: 15%, Rs 16-20 lakh: 20%, Rs 20-24 lakh: 25%, Above Rs 24 lakh: 30%. Standard deduction of Rs 75,000. Tax rebate under 87A up to Rs 12 lakh taxable income.
Old regime or new regime — which saves more tax?
It depends on your deductions. If your total deductions (80C, HRA, NPS, home loan interest, medical insurance) exceed approximately Rs 3.75 lakh, the old regime may save more. Use DoAide's comparison tool at tax.doaide.com/old-vs-new for your exact numbers.
What is the Section 87A tax rebate for 2026-27?
Under the new regime, if your total taxable income is up to Rs 12 lakh (after standard deduction), you get a full tax rebate — meaning zero tax. Under the old regime, the rebate applies up to Rs 5 lakh taxable income with a maximum rebate of Rs 12,500.
How to calculate HRA exemption?
HRA exemption is the lowest of: (1) Actual HRA received, (2) 50% of basic salary for metro cities or 40% for non-metro, (3) Rent paid minus 10% of basic salary. Available only under the old regime. Use DoAide's HRA calculator for instant computation.
What is the maximum 80C deduction limit?
Rs 1.5 lakh per financial year. Eligible investments: EPF, PPF, ELSS mutual funds, NSC, 5-year FD, life insurance premium, children's tuition fees, home loan principal. Available only under the old regime.