Income Tax Calculator
Tax on salary depends on the regime you choose and the slabs for the financial year. Enter your gross salary and deductions, and this applies the standard deduction, the slabs band by band, the rebate, surcharge and cess — and sets the other regime beside it on the same income.
How to use this calculator
- Enter your gross annual salary.
- Choose the new or old regime.
- Enter deductions you claim, such as under section 80C. The new regime allows almost none.
- Enter your age, which changes the old-regime exemption for senior citizens.
- Choose a date in the financial year you want, and calculate. The result names the year and compares both regimes.
How it is calculated
The standard deduction and any deductions you enter are taken off gross salary to give taxable income. The new regime allows almost no deductions beyond the standard one.
The slab rates for the chosen regime and year are applied band by band, and the rebate under section 87A is subtracted where taxable income is within its limit. Just above the limit, the new regime gives marginal relief: tax may not exceed the income earned above the limit.
Above ₹50 lakh a surcharge is added, rising at ₹1 crore and ₹2 crore (and at ₹5 crore in the old regime), with marginal relief at each threshold so a rupee over it cannot cost more than that rupee. Health and education cess is then added on tax and surcharge together.
Both regimes are worked the same way on the same income and shown side by side; the monthly figure is the year’s tax spread evenly.
Worked example
A gross salary of ₹12,00,000 under the old regime with ₹1,50,000 of deductions, in FY 2026-27: ₹1,17,000 of tax — against nothing at all under the new regime, where the same income falls within the rebate.
Run this worked exampleQuestions people ask
Which regime is better for me?
It depends on your deductions. The result shows both regimes on the same income: the new regime has lower rates and almost no deductions; the old one can come out lower for those who claim large deductions such as HRA exemption, 80C and home-loan interest.
Related calculators
- Government Salary CalculatorBasic pay from your level and cell, plus DA, HRA and transport allowance at the rates in force, less NPS and your deductions.
- HRA CalculatorHRA for your city class, including the floor that applies once DA crosses its thresholds.
- NPS CalculatorYour NPS corpus at retirement with pay rising year by year, the lump sum you may withdraw, and the pension the rest buys.
- EPF CalculatorMonthly EPF contributions, the split into the pension scheme, and the balance at retirement.
- Gratuity CalculatorGratuity on retirement, under either the government formula or the Payment of Gratuity Act.
Where the jobs are
Indicative only. The official order or notification governs, and every figure should be checked against it before you act on it.