Income tax is a tax imposed on individuals or entities based on their income or profits.

What are the income tax slabs?

Income tax slabs vary based on the tax regime (old or new) and income level. Check current year's slabs for accurate calculation.

What is the difference between old and new tax regime?

Old regime allows more deductions but has higher tax rates. New regime has lower tax rates but fewer deductions.

What are the common deductions available?

Common deductions include Section 80C, 80D, 80E, HRA, LTA, and standard deduction.

How is income tax calculated?

Income tax is calculated based on your taxable income after deductions, applying the relevant tax rates and slabs.

Tools · Tax

Income Tax Calculator

Compare the old and new tax regimes and see exactly how your tax is calculated, slab by slab, deduction by deduction.

Your numbers

Annual income

₹

Tax regime

Result

₹0

take-home

Total income: ₹0
Total tax: ₹0
Net income: ₹0
Effective tax rate: 0%

Standard deduction: ₹0

You're already in the optimal regime! You save ₹13,49,400 compared to old regime

Good tax efficiency! Your effective tax rate is 0%.

You're getting the maximum standard deduction of ₹75,000 in new regime.

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How your tax is calculated

Total income: Your gross annual income from all sources.
Standard deduction: Automatic deduction (₹75,000 new regime, ₹50,000 old regime).
Taxable income: Income after deducting standard deduction and other allowed deductions.
Tax slabs: Progressive tax rates applied to different income brackets.
Section 87A rebate: Tax rebate for lower income taxpayers.
Surcharge & cess: Additional charges on high-income taxpayers.

Frequently asked questions

Rates on this page: FY 2026-27 (AY 2027-28), as enacted by Union Budget 2026, no change to individual slabs. Budget 2026 left income tax rates unchanged from FY 2025-26.

Results are estimates for education and planning, not financial advice.

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