Income Tax Calculator India 2026-27 (Salaried)
Income tax on salary in India for 2026-27 under the new (section 202, formerly 115BAC) or old regime, with the section 156 (87A) rebate, surcharge relief and cess.
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About the Income Tax Calculator India
The Income Tax Calculator India works out the income tax on a salary for tax year 2026-27 (1 April 2026 – 31 March 2027) under the Income-tax Act, 2025, which replaced the Income-tax Act, 1961. Enter your gross salary, choose the new or the old regime and, for the old regime, your age band and your deductions. The result shows the income tax after the rebate, the surcharge, the 4% cess and EPF, with your take-home pay per year and per month. Every line names its scope and the 2026-27 tax year.
This page opens with India and the new regime chosen. See the In-Hand Salary Calculator for the monthly view, or the Net Salary Calculator for other countries.
Old and new section numbers
Where the familiar sections went
- New regime: section 202 (formerly section 115BAC); opting out is section 202(4)
- Rebate: section 156 (formerly section 87A), 156(1) for the old regime and 156(2) for the new
- Standard deduction: section 19(1), Table Sl. No. 2 (formerly 16(ia))
- "80C" deductions: section 123 with Schedule XV (formerly 80C)
- Rounding to ₹10: section 516 (formerly 288A and 288B)
How the tax is worked out
Slabs and rebate
New regime slabs on gross minus ₹75,000: nil to ₹4,00,000, 5% to ₹8,00,000, 10% to ₹12,00,000, 15% to ₹16,00,000, 20% to ₹20,00,000, 25% to ₹24,00,000 and 30% above. Up to ₹12 lakh of taxable income the rebate removes up to ₹60,000 of tax; just above it, the tax cannot exceed the income above ₹12 lakh. Old regime slabs depend on age and use a ₹50,000 standard deduction and a ₹12,500 rebate up to ₹5 lakh.
Surcharge and cess
The surcharge is 10% of income tax above ₹50 lakh of taxable income, 15% above ₹1 crore and 25% above ₹2 crore; the old regime adds 37% above ₹5 crore. Marginal relief stops tax plus surcharge rising by more than the income above each threshold. The cess is 4% of tax plus surcharge, with no relief.
Worked example
₹50,85,000 a year, surcharge relief
Taxable income is 50,10,000. Income tax is 3,00,000 + 30% of 26,10,000 = ₹10,83,000.00. A full 10% surcharge would be ₹1,08,300, but tax on exactly ₹50 lakh is ₹10,80,000, so tax plus surcharge is capped at 10,80,000 + 10,000 = 10,90,000 and the surcharge is ₹7,000.00. Cess is 4% of 10,90,000 = ₹43,600.00, EPF ₹36,000.00, and take-home pay ₹39,15,400.00 a year.
What the estimate leaves out
The calculator covers one resident individual with salary income only. Capital gains, house property, other income heads, professional tax, employer NPS and the ₹10 rounding of section 516 are left out. In the old regime, Chapter VIII deductions are entered as one total rather than one by one.
Edit and reset the rates
The Tax rates panel lists every slab rate, the surcharge rates, the cess rate and the EPF rates as fields, with the thresholds, the standard deduction and the rebate limits as read-only text. Edit any rate to test a budget change, and press Reset to 2026-27 defaults to go back. For pay before tax, use the Gross Pay Calculator.
Official sources
- Income-tax Act, 2025
- Memorandum explaining the Finance Bill, 2026
- Finance Bill, 2026
- Income Tax Department: salaried individuals
The rules are checked against these pages; the header of the calculator shows the month they were last checked.
Privacy
Nothing is uploaded; every calculation runs in your browser and never leaves your device. Your salary and the rates you enter are not stored or sent anywhere.
Frequently asked questions
What happened to section 87A and section 115BAC?
The Income-tax Act, 2025 replaced the 1961 Act from 1 April 2026. The 87A rebate is now section 156, the 115BAC new regime is section 202, the standard deduction is section 19(1) and 80C is section 123. The rates for 2026-27 are unchanged.
How does marginal relief work just above ₹12 lakh?
Above ₹12 lakh of taxable income the rebate stops, but the tax cannot exceed the income above ₹12 lakh. On ₹13,00,000 of salary taxable income is ₹12,25,000, so the tax is ₹25,000 instead of the slab tax of ₹63,750.
How does the surcharge work, and when does relief apply?
Surcharge is 10% of income tax above ₹50 lakh of taxable income, 15% above ₹1 crore and 25% above ₹2 crore, plus 37% above ₹5 crore in the old regime only. At ₹50,85,000 of salary relief cuts the surcharge to ₹7,000.
What are the old regime slabs for senior citizens?
Below 60 the nil slab runs to ₹2,50,000, for 60 to 79 to ₹3,00,000 and for 80 and above to ₹5,00,000. On ₹10 lakh of salary the tax is ₹1,02,500, ₹1,00,000 and ₹90,000 respectively, before the 4% cess.
What is the Health and Education Cess?
It is a levy of 4% on income tax plus surcharge, with no marginal relief and no rebate of its own. On ₹1,85,000 of income tax, the tax on ₹20 lakh of salary, the cess is ₹7,400.