📋 Free Income Tax Calculator FY 2026-27
New regime vs old regime comparison with instant results.
Open Tax Calculator →New Regime Tax Slabs FY 2026-27
Budget 2025 made the new regime much more attractive. Zero tax up to Rs.12 lakh (after rebate u/s 87A):
| Income Slab | Tax Rate (New Regime) |
|---|---|
| Up to Rs.4 lakh | 0% |
| Rs.4L – Rs.8L | 5% |
| Rs.8L – Rs.12L | 10% |
| Rs.12L – Rs.16L | 15% |
| Rs.16L – Rs.20L | 20% |
| Above Rs.20L | 30% |
✅ Key benefit: If your taxable income (after Rs.75,000 standard deduction) is up to Rs.12 lakh, tax is ZERO due to rebate u/s 87A — even though tax is computed on slabs.
Old Regime Tax Slabs FY 2026-27
| Income Slab | Tax Rate |
|---|---|
| Up to Rs.2.5 lakh | 0% |
| Rs.2.5L – Rs.5L | 5% (rebate makes it 0) |
| Rs.5L – Rs.10L | 20% |
| Above Rs.10L | 30% |
New vs Old Regime — Which to Choose?
- Choose New Regime if: You have fewer deductions (no home loan, no big 80C investments). Income up to Rs.12L → zero tax!
- Choose Old Regime if: You have home loan interest above Rs.2L, HRA benefit, lots of 80C investments. High earners with max deductions save more in old regime.
- Break-even: If your total deductions exceed Rs.3.75 lakh, old regime may be better for income above Rs.15 lakh.
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