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Income Tax Calculator India

Income Tax Calculator

Compare Old vs New Regime — India FY 2026-27 (AY 2027-28)

Basic Information
Quick Presets
₹5L ₹10L ₹15L ₹25L ₹50L ₹1Cr
Annual Income (CTC)
₹0₹5 Cr
Age Group
Below 60 60 - 80 Above 80
Financial Year
Deductions (Old Regime)
Standard Deduction
₹0₹75,000
Section 80C PPF, ELSS, LIC, NSC, etc.
₹0₹1,50,000
Section 80D Health Insurance Premium
₹0₹1,00,000
Section 80CCD(1B) NPS (National Pension Scheme)
₹0₹50,000
HRA Exemption
LTA Exemption
Home Loan Interest (Sec 24)
₹0₹2,00,000
Other Deductions
Detailed Comparison
Slab-wise Breakdown
Visual Comparison
Download Report

What is Income Tax Calculator?

The Income Tax Calculator computes your total tax liability under both the Old and New tax regimes for India FY 2025-26. It provides a slab-wise breakup of taxable income, applicable deductions under Sections 80C, 80D, and HRA, and a clear recommendation on which regime saves you more. Compare both regimes instantly and plan your tax-saving investments accordingly.

How to Use Income Tax Calculator

  1. 1
    Enter your gross annual income including salary, bonuses, and other taxable earnings.
  2. 2
    Fill in eligible deductions: Section 80C investments, 80D health insurance, HRA exemption, and others.
  3. 3
    Select your age bracket (below 60, 60-80, or above 80) for applicable slab rates.
  4. 4
    Click Calculate to view tax under both Old Regime and New Regime side by side.
  5. 5
    Review the slab-wise breakup, cess computation, and the regime that results in lower tax liability.

Key Features

Dual regime comparison showing tax under Old and New schemes for FY 2025-26.
Slab-wise income breakup with applicable tax rate clearly displayed for each bracket.
Support for all major deductions: 80C, 80D, 80E, 80G, HRA, LTA, and standard deduction.
Age-based slab selection for general taxpayers, senior citizens, and super senior citizens.
Health and education cess of 4% automatically added to the computed tax amount.
Actionable recommendation indicating which regime is more beneficial for your income profile.

Frequently Asked Questions

1. Is Income Tax Calculator free to use?

Yes, Income Tax Calculator is 100% free with no registration, no hidden fees, and unlimited calculations. All features including PDF, Excel, and CSV report downloads are completely free.

2. How accurate is Income Tax Calculator?

Income Tax Calculator uses standard financial formulas used by banks and financial institutions worldwide. The calculations are mathematically precise. However, actual returns or payments may vary based on your bank's specific terms, fees, and rounding policies.

3. Does Income Tax Calculator work for countries outside India?

Yes! Income Tax Calculator supports 42 currencies including USD, EUR, GBP, AED, SAR, CAD, AUD, JPY, and many more. The currency is auto-detected based on your location, and preset values adjust to match your country's market rates and financial products.

4. Can I download the calculation report from Income Tax Calculator?

Yes. After calculating, you can download the complete report in three formats — PDF (professional branded report), Excel (with multiple sheets for summary and detailed breakup), and CSV (for importing into any spreadsheet). All downloads are generated instantly in your browser.

5. Is my financial data safe with Income Tax Calculator?

Absolutely. All calculations happen entirely in your browser using JavaScript. No financial data is ever sent to any server. Your amounts, interest rates, and investment details remain completely private on your device.

6. Are the preset interest rates in Income Tax Calculator accurate?

The preset rates are approximate market averages for each country and product type. They are meant as starting points for quick calculations. Always confirm the actual rate with your bank or financial institution before making any financial decisions.

7. Does Income Tax Calculator work on mobile devices?

Yes! Income Tax Calculator is fully responsive with interactive sliders, charts, and tables optimized for smartphones, tablets, and desktops. All download features work on mobile as well.

8. Do I need to install any app to use Income Tax Calculator?

No installation needed. Income Tax Calculator is a web-based tool that works directly in any modern browser — Chrome, Firefox, Safari, Edge, or Brave. Just open the page and start calculating instantly.

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