New regime: salary of ₹12,75,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹12,00,000; tax payable ₹0
Enter the details (current step)
Salary before deductions for the year from 1 April to 31 March. Enter 0 if you do not receive a salary.
For example, interest, rent or pension that is taxed at the normal rates. Do not include capital gains.
Total of section 80C, 80D, HRA exemption and other deductions you are eligible for. These do not apply under the new regime.
Result
Please complete the details. The result will appear here.
How it is calculated
- Taxable income = salary − standard deduction (₹75,000 in the new regime, ₹50,000 in the old regime, not more than the salary) + other income − deductions (old regime only). It is rounded to the nearest ₹10.
- Tax is calculated on each slab of taxable income at the rate for that slab (see the table below).
- Rebate under section 156 (formerly section 87A): in the new regime, no tax is payable if taxable income does not exceed ₹12 lakh (rebate up to ₹60,000). Above ₹12 lakh, the tax is limited to the income above ₹12 lakh (marginal relief). In the old regime, the rebate is up to ₹12,500 if taxable income does not exceed ₹5 lakh.
- Surcharge on tax: 10% above ₹50 lakh, 15% above ₹1 crore, 25% above ₹2 crore, and 37% above ₹5 crore in the old regime only. Marginal relief limits the extra tax and surcharge to the income above each threshold.
- Health and Education Cess is 4% of tax plus surcharge. The total is rounded to the nearest ₹10.
- All calculations are done in your browser. The details you enter are not sent to any server.
Tax slabs for Tax Year 2026-27
New regime
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,000 to ₹8,00,000 | 5% |
| ₹8,00,000 to ₹12,00,000 | 10% |
| ₹12,00,000 to ₹16,00,000 | 15% |
| ₹16,00,000 to ₹20,00,000 | 20% |
| ₹20,00,000 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Old regime, age below 60
| Taxable income | Rate |
|---|---|
| Up to ₹2,50,000 | Nil |
| ₹2,50,000 to ₹5,00,000 | 5% |
| ₹5,00,000 to ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Old regime, age 60 to 79
| Taxable income | Rate |
|---|---|
| Up to ₹3,00,000 | Nil |
| ₹3,00,000 to ₹5,00,000 | 5% |
| ₹5,00,000 to ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Old regime, age 80 or above
| Taxable income | Rate |
|---|---|
| Up to ₹5,00,000 | Nil |
| ₹5,00,000 to ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Worked examples
New regime: salary of ₹13,00,000 (marginal relief)
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹12,25,000; tax payable ₹26,000
New regime: taxable income of ₹12,10,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹12,10,000; tax payable ₹10,400
New regime: other income of ₹12,75,000 (no standard deduction)
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹12,75,000; tax payable ₹74,100
New regime: taxable income of ₹20,00,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹20,00,000; tax payable ₹2,08,000
New regime: taxable income of ₹50,10,000 (surcharge relief)
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹50,10,000; tax payable ₹11,33,600
New regime: taxable income of ₹1,00,10,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹1,00,10,000; tax payable ₹29,61,920
Old regime, below 60: taxable income of ₹5,00,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹5,00,000; tax payable ₹0
Old regime, below 60: taxable income of ₹5,00,010
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹5,00,010; tax payable ₹13,000
Old regime, below 60: salary of ₹10,00,000 with ₹1,50,000 under section 80C
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹8,00,000; tax payable ₹75,400
Old regime, 60 to 79: taxable income of ₹8,00,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹8,00,000; tax payable ₹72,800
Old regime, 80 and above: taxable income of ₹8,00,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹8,00,000; tax payable ₹62,400
Old regime, below 60: taxable income of ₹1,00,10,000
- Details
- Tax Year 2026-27
- Result
- Taxable income ₹1,00,10,000; tax payable ₹32,27,900
Official sources
Applies to: Tax Year 2026-27 (1 April 2026 to 31 March 2027) under the Income-tax Act, 2025. The new regime rates are the same as for FY 2025-26 (AY 2026-27).
- Income Tax Department: Salaried individuals for AY 2026-27: tax slabs, rebate and surcharge
- Ministry of Finance: Finance Bill, 2026: Memorandum explaining the provisions
- Ministry of Finance: Finance Bill, 2026 (First Schedule: rates of income-tax)
- Parliament of India (text published by PRS Legislative Research): Income-tax (No. 2) Bill, 2025 as passed by Lok Sabha: sections 19, 156, 202 and 516
- Press Information Bureau: Union Budget 2025-26: new tax regime and standard deduction of ₹75,000
Last reviewed on 26 October 2026.
The rules on this page have been checked against the official sources listed above. The result is for reference. The rules and assessment of the concerned authority shall prevail.