Tax Calculator
Estimate your capital gains tax and investment tax liability
Income Details
Below 60 years
Rates as per Union Budget 2026 (no change to rates) · Income-tax Act, 2025 · verified 2026-08-13. Figures apply to tax year 2026-27. The Income-tax Act, 2025 replaced the 1961 Act on 1 April 2026 and renumbers sections; rates are unchanged. This tool is an estimate, not tax advice.
Total Tax Payable
Effective Tax Rate: 6.50%
Tax Calculation
Tax Slab Breakdown (New Regime)
Income Distribution
₹14,02,500
₹97,500
📋 New vs Old Regime
The new regime offers lower tax rates but doesn't allow most deductions. The old regime has higher rates but allows deductions under sections 80C, 80D, home loan interest, etc. Choose based on your investments.
💰 Section 87A Rebate
Under the new regime for 2026-27, taxable income up to ₹12,00,000 gets a rebate of up to ₹60,000, which wipes the bill out entirely. In the old regime it is ₹12,500 for income up to ₹5,00,000.
Just above the new-regime threshold, marginal relief caps your tax at the income you earned above it — so ₹12,10,000 of taxable income costs ₹10,000 of tax, not ₹61,500. This calculator applies it; most do not.
🎯 Tax Planning Tips
Maximize deductions with EPF, PPF, ELSS, NPS, health insurance, and home loan. Consider switching regimes annually based on your deductions. Plan before the financial year ends.
Related Tools
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