Skip to main content
๐Ÿš€ New: Swiggy & Zomato Auto-Sync + WhatsApp Billing now live!Try Free โ†’

Free Income Tax Calculator India 2026

New Tax Regime โ€ข Old Tax Regime โ€ข Salary Tax Calculator

Calculate your taxable income, income tax, health & education cess, monthly tax, and effective tax rate instantly using the latest Indian income tax rules.

Income Tax Calculator

Old Regime vs New Regime, side by side

INCOME DETAILS

Age only changes slab rates and the 80D limit under the old regime.

Sec 24(b) ยท no cap

DEDUCTIONS & EXEMPTIONS (Old Regime only)

Sec 24(b) ยท limit โ‚น2,00,000
Allowed in both regimes

Live Preview

FY 2026-27

Old Regime
โ‚น0
New Regime
โ‚น0
This is a simplified calculator for illustration. Consult a tax professional for your actual filing.
TAX SLABS (NEW REGIME)

Income Tax Slabs (FY 2026โ€“27)

Up to โ‚น4,00,0000%
โ‚น4,00,001 โ€“ โ‚น8,00,0005%
โ‚น8,00,001 โ€“ โ‚น12,00,00010%
โ‚น12,00,001 โ€“ โ‚น16,00,00015%
โ‚น16,00,001 โ€“ โ‚น20,00,00020%
โ‚น20,00,001 โ€“ โ‚น24,00,00025%
Above โ‚น24,00,00030%

How Income Tax is Calculated

Gross Annual Income

โˆ’ Standard Deduction

โˆ’ Eligible Deductions

= Taxable Income

โ†“

Apply Income Tax Slabs

โ†“

Add 4% Health & Education Cess

โ†“

Total Income Tax Payable

Why Use This Calculator?

  • โœ… Instant tax calculation
  • โœ… Latest Indian tax slabs
  • โœ… Compare tax liability
  • โœ… Mobile-friendly design
  • โœ… Free to use

Frequently Asked Questions

What is an Income Tax Calculator?

It is an online tool that estimates your income tax based on your annual income, deductions, and applicable tax regime.

Does this support both tax regimes?

Yes. You can calculate tax under both the New and Old Tax Regime (when implemented in the calculator).

Is this calculator accurate?

Yes. It follows the latest Indian income tax rules and slab rates. Final tax may vary depending on specific exemptions and surcharge provisions.

Is this calculator free?

Yes. It is completely free and requires no registration.

Estimate Your Income Tax in Seconds

Use our free Income Tax Calculator to plan your taxes and make informed financial decisions.