Enter your income and deductions. We compute tax under both regimes for your salary structure — including the ₹60,000 rebate, standard deduction, and 4% cess.
Your income
Enables the standard deduction (₹75k new · ₹50k old).
Deductions & exemptions
⚑ These mostly reduce tax under the old regime only. The new regime ignores them (bar the standard deduction & employer NPS).
Not sure of your HRA exemption? A dedicated HRA calculator is coming — for now enter the exempt figure from your Form 16.
New Regime
Old Regime
How this works: Estimates for resident individuals, FY 2026-27 (AY 2027-28). Slabs, standard deduction and §87A rebate are unchanged from FY 2025-26 — Budget 2026 made no changes to the new regime. New regime: ₹75,000 standard deduction, slab rates from ₹4L, and full §87A rebate (up to ₹60,000) when taxable income ≤ ₹12,00,000, with marginal relief just above it. Old regime: ₹50,000 standard deduction, age-based slabs, and §87A rebate (up to ₹12,500) when taxable income ≤ ₹5,00,000. Both add 4% health & education cess. Surcharge is applied above ₹50L (new regime capped at 25%); surcharge marginal relief near those thresholds is not yet modelled, so very high incomes are indicative. This is an educational estimate, not tax advice — confirm with a professional before filing.