INCOME TAX CALCULATOR

Two regimes.
One informed decision.

Build your comparison with the deductions that apply to you.

FY 2025–26 · AY 2026–27

Your annual numbers

FY 2025–26 · AY 2026–27. Resident individuals only. LLPs and NRIs: request specialist help.
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Include taxable employer NPS and HRA; use salary, not CTC.
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After eligible business expenses; not turnover.
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Exclude capital gains, crypto and special-rate income.
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Entered separately for the 15% surcharge cap.
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Verified credits for the same financial year.
Rental income & home loan interest
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Actual annual rent only where it equals taxable annual value.
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30% deduction on net annual value is applied automatically. Old-regime house-property loss set-off is capped at ₹2 lakh; no inter-head set-off in the new regime. Carry-forwards are not calculated.

Old regime deductions
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PPF, EPF, ELSS etc.; auto-capped at ₹1.5 lakh.
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Additional contribution only; auto-capped at ₹50,000.
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Eligible non-cash premiums; ₹25,000 / ₹50,000 cap.
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Eligible non-cash premiums; ₹25,000 / ₹50,000 cap.

Preventive check-ups, uninsured senior medical expenses, 80TTA/80TTB and other unlisted deductions are not modelled. Don’t duplicate NPS contributions across 80C and 80CCD(1B).

HRA exemption calculator
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Eligible basic + DA + turnover-based commission.
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Use amounts for the same eligible rental period. Assumes a consistent salary and city for that period; split changing periods separately. HRA is available only in the old regime.

Eligible HRA exemption ₹1,80,000
Employer NPS contribution — both regimes
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Must already be included in gross salary above.
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Eligible basic salary + DA; excludes other allowances.

Old: 10% of eligible salary (14% for government). New: 14%. Ensure aggregate employer-retirement contribution perquisite rules are already reflected in gross salary.

Scope: Resident individuals, including taxable sole-proprietor profit. No LLP/corporate tax, capital gains, crypto, agricultural-income integration, foreign tax credits, AMT, unlisted deductions or loss carry-forwards. Figures round to ₹10. Rental annual value and deduction eligibility must be established separately. This is not a FY 2026–27 calculator.

Rules checked 19 September 2026. Official slabs, deductions, rebates & surcharge · Senior citizen guidance