Tax on your salary for the year that started on 1 April 2026
Estimates only, not financial advice. What you type stays on your device. Checked against sources on 18 Oct 2026.Financial year 2026-27 runs from 1 April 2026 to 31 March 2027, and it is the first year under the Income-tax Act, 2025. The slabs, the rebate and the standard deduction carried over unchanged from last year, so a salary that paid nothing then still pays nothing now. Enter your figures and see the tax for the year, the month, and under both regimes.
Salary is taken as the full amount before tax, and the employer's NPS contribution is assumed to be within the limit the law allows (10% of basic and DA in the old regime, 14% in the new). Capital gains, business income and relief under sections 89 and 90 are not included.
Estimates for information only, not financial advice. Slabs, rebate, surcharge and cess for FY 2026-27 (AY 2027-28) under the Income-tax Act, 2025, reviewed on 18 Oct 2026. Confirm with the Income Tax Department before you file.
| Item | Old regime | New regime |
|---|---|---|
| Gross total income | ₹12,00,000 | ₹12,00,000 |
| Standard deduction | ₹50,000 | ₹75,000 |
| Professional tax | ₹2,500 | ₹0 |
| Section 80C | ₹1,50,000 | ₹0 |
| Section 80D, health insurance | ₹25,000 | ₹0 |
| Total deductions | ₹2,27,500 | ₹75,000 |
| Taxable income | ₹9,72,500 | ₹11,25,000 |
| Tax before rebate | ₹1,07,000 | ₹52,500 |
| Rebate | ₹0 | ₹52,500 |
| Surcharge | ₹0 | ₹0 |
| Cess | ₹4,280 | ₹0 |
| Total tax for the year | ₹1,11,280 | ₹0 |
| Tax each month | ₹9,273 | ₹0 |
FY 2026-27 and FY 2025-26 · Rates and rules read from the sources listed on this page (the earliest on 18 Oct 2026); they may have changed since.
The page opens on FY 2026-27 with a salary of 12 lakh.
Set your Salary for the year and Other income such as bank interest.
Add your deductions if you are weighing the old regime.
Read the Old regime tax and New regime tax for FY 2026-27, then press Share result.
This income tax calculator works out what a salaried person in India pays under the old regime and the new regime at once, says which costs less and by how much, and shows the slab-by-slab working for both.
Sources: Income Tax Department slab tables, surcharge rates, cess and rebate for salaried individuals at incometax.gov.in. Rates reviewed on 18 October 2026. Estimates for information only, not financial advice.
The rest of the article, and all 7 questions about India Income Tax Calculator, are on the India Income Tax Calculator page.
In the new regime, taxable income up to 12,00,000 pays nothing because the rebate cancels the tax. A salaried person gets a standard deduction of 75,000 on top, so a salary of 12,75,000 with no other income comes to zero tax. Above that line the rebate shrinks and then stops.
Take your gross salary, subtract the deductions your regime allows, then tax the result slab by slab: only the part of income inside a slab is taxed at that slab's rate. Subtract the rebate if you qualify, add surcharge if your income is above 50,00,000, then add 4% cess on the total.
FY 2026-27 is the year running from 1 April 2026, the first under the Income-tax Act, 2025. FY 2025-26 is there for returns you are still filing. The rates were checked against the Income Tax Department's own tables on 18 October 2026, and the date is shown on the page. Confirm with the department before you file.
Income tax nikale: enter your salary and your deductions, and both regimes are worked out side by side, slab by slab, with rebate, surcharge, marginal relief and 4% cess. In the new regime taxable income up to 12,00,000 pays nothing. Capital gains and business income are not covered. Rates were reviewed on 18 October 2026.
Rates and rules change; check the source before you rely on a figure.
Still stuck? Ask about India Income Tax Calculator and anybody who knows can answer. No account needed.
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