Tax
Income tax calculator FY 2026-27: old vs new regime
Compare your income tax under the old and new regimes for FY 2026-27 (AY 2027-28), including standard deduction, rebate and cess.
How it works
New regime: nil up to ₹4 lakh, 5% to ₹8 lakh, 10% to ₹12 lakh, 15% to ₹16 lakh, 20% to ₹20 lakh, 25% to ₹24 lakh, 30% above. Standard deduction ₹75,000 for salaried people, and no tax on taxable income up to ₹12 lakh after the Section 87A rebate. Old regime: nil up to ₹2.5 lakh (₹3 lakh at 60, ₹5 lakh at 80), 5% to ₹5 lakh, 20% to ₹10 lakh, 30% above, with a ₹50,000 standard deduction and no tax up to ₹5 lakh. A 4% health and education cess applies to both, plus surcharge above ₹50 lakh.
Questions people ask
Did Budget 2026 change the tax slabs?
No. The slabs for FY 2026-27 are the same as FY 2025-26.
Which regime should I choose?
The new regime usually works out cheaper unless your deductions are large. Enter your deductions above to see which one leaves you with less tax.
What is not included?
The calculator does not include marginal relief on surcharge, special rates on capital gains, or deductions such as the employer's NPS contribution allowed under the new regime.
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Results are estimates for planning only and are not financial or tax advice.