Income Tax Calculator FY 2026-27
Compare Old & New Tax Regime — Updated as per Union Budget 2025
Basic Details
Financial Year
Your Age Group
Income Details
Enter all income figures in Indian Rupees (₹). Leave blank if not applicable.
Income from Salary
Salary before reducing HRA, LTA, standard deductions & professional tax. Reduce leave encashment if applicable (max ₹25L).
₹
Exempt Allowances
HRA, LTA, Professional Tax and any other salary exemptions.
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Income from Interest
Interest from savings bank, fixed deposits and other interest income.
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Home Loan Interest – Self Occupied
Interest paid on housing loan for self-occupied property. Max deduction ₹2L under Old Regime.
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Rental Income Received
Annual rent received on let-out property. 30% standard deduction is applied automatically.
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Home Loan Interest – Let Out
Interest paid on housing loan for rented/let-out property.
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Income from Digital Assets
Net income from crypto, NFTs & virtual digital assets. Taxed at a flat 30%.
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Other Income
Freelancing income, dividends, pension, or any other taxable income.
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Deductions
Old Regime: All deductions below apply. |
New Regime: Only 80CCD(2) (employer NPS) is allowed.
Section 80C
PPF, ELSS mutual funds, LIC premium, home loan principal, NSC, ULIP, etc. Maximum ₹1,50,000.
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Section 80TTA / 80TTB
Interest on savings/deposits. Max ₹10,000 (below 60 yrs) or ₹50,000 (senior citizens).
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Section 80D – Medical Insurance
Medical insurance premiums & preventive health checkup fees for self, family & parents.
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Section 80G – Donations
Donations to charitable institutions or certain government-approved funds.
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Section 80E – Education Loan Interest
Interest paid on loan taken for higher education. No upper limit.
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Section 80EEA – Housing Loan Interest
Additional deduction on housing loan interest (loan sanctioned FY 2024-25). Max ₹1,50,000.
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80CCD – Employee NPS Contribution
Your voluntary NPS contribution under 80CCD(1) + additional ₹50,000 under 80CCD(1B).
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80CCD(2) – Employer NPS Contribution
Employer's NPS contribution. Allowed in BOTH Old and New Tax Regime.
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⚠ Please enter your salary amount first.
Calculating your taxes…
Recommended
Old Tax Regime
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Total tax payable (incl. cess)
Recommended
New Tax Regime
₹0
Total tax payable (incl. cess)
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Detailed Breakdown
Old Regime
New Regime
Total Income
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Exemptions & Deductions ▾
Exempt Allowances
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Standard Deduction
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Chapter VI-A Deductions
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Taxable Income
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Tax Due on Above ▾
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Income Tax
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Health & Education Cess
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Surcharge
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Digital Asset Tax @30%
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Total Tax Payable
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* Indicative calculation only. Surcharge & 4% Health & Education Cess included. Consult a qualified tax advisor for precise figures.