Income tax calculator 2026-27
New vs old tax regime: how much tax in each, at a glance
Age
Old regime exemptions and deductions
New regime is cheaper: you save ₹85,800
| New regime | Old regime | |
|---|---|---|
| Gross income | ₹9,00,000 | ₹9,00,000 |
| Standard deduction | − ₹75,000 | − ₹50,000 |
| Exemptions & deductions | Not allowed | − ₹0 |
| Taxable income | ₹8,25,000 | ₹8,50,000 |
| Tax as per slabs | ₹22,500 | ₹82,500 |
| Rebate / marginal relief | − ₹22,500 | − ₹0 |
| Cess 4% | ₹0 | ₹3,300 |
| Total tax | ₹0 | ₹85,800 |
For tax year 2026-27 (1 April 2026 to 31 March 2027), as per Budget 2026: new regime slabs are the same as last year. The rebate up to ₹12 lakh of taxable income and the marginal relief just above it are included, as is the 4% cess. Special-rate income such as capital gains is not covered. This is an estimate: confirm the final tax on the income-tax portal or with your CA. incometax.gov.in ›
How to use
- Enter annual salary/pension and other income
- For the old regime, enter your exemptions and deductions
- See tax under both regimes and which one is cheaper