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Income Tax Calculator (new regime)

See your income tax for tax year 2026-27 under the new regime, the default for everyone. Enter your yearly income before tax.

Taxable income ₹0
Rebate or relief ₹0
Total tax a year (with 4% cess) ₹0

About ₹0 a month.

Your tax, slab by slab

Income bandRateTax in this band

This is an illustration for a resident individual. It uses the new regime slabs for tax year 2026-27 and does not include surcharge, special-rate income such as capital gains, or the old regime. Tax rules change with every Budget, so check the current rules on incometax.gov.in.

How this is calculated

Salaried people first take off the 75,000 rupee standard deduction. The rest is taxed in slabs: nil up to 4 lakh rupees, then 5%, 10%, 15%, 20% and 25% in 4 lakh steps, and 30% above 24 lakh. If taxable income is 12 lakh rupees or less, a rebate cancels the tax. Just above 12 lakh, marginal relief keeps the tax from being more than the income above 12 lakh. Then 4% health and education cess is added.

A worked example

Illustration: a salary of 14 lakh rupees.

  • Taxable income: 14 lakh minus 75,000 = 13.25 lakh rupees.
  • Slab tax: 20,000 + 40,000 + 18,750 = 78,750 rupees. No rebate, since it is above 12 lakh.
  • Add 4% cess of 3,150 rupees: 81,900 rupees a year, about 6,825 rupees a month.

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Questions people ask

How much income tax will I pay on a 10 lakh salary?

Under the new regime for tax year 2026-27, none. After the 75,000 rupee standard deduction your taxable income is 9.25 lakh, and the rebate cancels the tax on taxable income up to 12 lakh rupees. Enter your own figure above to see the result.

Is income up to 12 lakh tax-free in the new regime?

Regular income up to 12 lakh rupees owes no tax, because a rebate of up to 60,000 rupees cancels it, per the Income Tax Department. For a salaried person, the 75,000 rupee standard deduction stretches that to a salary of 12.75 lakh rupees. Special-rate income, like some capital gains, does not get this rebate.

Income tax kitna lagega (how much tax will I pay)?

Put your yearly income in the box above and tick whether it is salary. The calculator applies the new regime slabs, the standard deduction, the rebate and the 4% cess, and shows the tax a year and a month.

Does this calculator cover the old tax regime?

No. It covers the new regime, which is the default. The old regime depends on the deductions you claim, so compare the two on the Income Tax Department's own calculator before you choose.

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