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Free Calculator

ITR Tax Calculator FY 2026-27

Compare Old vs New tax regime. See exact tax liability, rebate 87A, surcharge, cess, effective rate, and monthly TDS. Budget 2026 kept slabs unchanged — switch years for FY 2025-26 & 2024-25.

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New Regime FY 2026-27

  • • Standard deduction: ₹75,000
  • • Rebate 87A: up to ₹12L income
  • • No 80C/80D/HRA deductions
  • • 7 slabs: 0% to 30%

Old Regime FY 2026-27

  • • Standard deduction: ₹50,000
  • • Rebate 87A: up to ₹5L income
  • • 80C (₹1.5L) + 80D + HRA + 24b
  • • 3 slabs: 0%, 20%, 30%

Cess & Surcharge

  • • Health & Education Cess: 4%
  • • Surcharge: 10% / 15% / 25% (new regime cap)
  • • Surcharge: up to 37% (old regime)
  • • Computed automatically above ₹50L

This calculator provides indicative tax estimates for FY 2026-27 (and FY 2025-26 / 2024-25 via the year selector) based on standard slab rates. Surcharge on income above ₹50L is computed at standard rates, but marginal relief on surcharge is simplified — high-income figures are indicative. Employer NPS contributions under Section 80CCD(2) are now included and are applied in both regimes, capped against the Basic + DA figure you enter. Actual tax liability may still vary based on specific deduction eligibility and other individual factors. This is not a substitute for professional tax advice. RushTax is a freelance consulting service — not a CA firm.

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