Tax
Income Tax Calculator FY 2026-27
Compare the new regime (with ₹12L rebate) against the old regime (with 80C, HRA etc). See exactly which one saves you more money — updated for Budget 2026.
Inputs
New vs Old regime
New regime saves ₹1,59,900
New regime slabs (FY 2026-27)
| Income range | Rate |
|---|---|
| Up to ₹4 lakh | 0% |
| ₹4 — 8 lakh | 5% |
| ₹8 — 12 lakh | 10% |
| ₹12 — 16 lakh | 15% |
| ₹16 — 20 lakh | 20% |
| ₹20 — 24 lakh | 25% |
| Above ₹24 lakh | 30% |
Translation: Salaried earners pay zero tax on gross income up to ₹12.75 lakh — that's ₹75,000 standard deduction taking taxable income to ₹12 lakh, and the ₹60,000 rebate u/s 87A wiping out tax on that. Cess of 4% applies only on tax payable above this threshold.
Source: Budget 2026-27 confirmed unchanged slabs from Budget 2025. Income Tax Act 2026 effective FY 2026-27 (AY 2027-28).
When to pick the old regime?
The old regime allows deductions like 80C (₹1.5L), 80D (health insurance), HRA, home loan interest etc. If your total deductions exceed roughly ₹4 lakh, the old regime usually wins. Use this calculator's side-by-side comparison to decide.