Income Tax Calculator FY 2025-26 | AY 2026-27

Income Tax Calculator

Financial Year 2025–26   |   Assessment Year 2026–27

New Tax Regime • Slab Based Calculation

📖 Income Tax Calculation Guide

1. Basic Information

This calculator estimates income tax under the New Tax Regime for FY 2025–26 / AY 2026–27. Enter your applicable income in the fields provided.

  • Salary / Normal Income
  • Standard Deduction
  • Other Income
  • Short-Term Capital Gain (STCG)
  • Long-Term Capital Gain (LTCG)

2. Normal Taxable Income

Normal taxable income is calculated after deducting the standard deduction from salary and adding other income taxable under normal slab rates.

Normal Taxable Income = Salary Income − Standard Deduction + Other Income

3. Standard Deduction

The calculator uses ₹75,000 as the default standard deduction. You can change the amount in the input field if required.

4. Normal Tax Slabs

  • Up to ₹4 lakh — 0%
  • ₹4 lakh to ₹8 lakh — 5%
  • ₹8 lakh to ₹12 lakh — 10%
  • ₹12 lakh to ₹16 lakh — 15%
  • ₹16 lakh to ₹20 lakh — 20%
  • ₹20 lakh to ₹24 lakh — 25%
  • Above ₹24 lakh — 30%

5. Short-Term Capital Gain (STCG)

STCG entered in the calculator is separately calculated at the rate used by this calculator.

STCG Tax = STCG × 20%

6. Long-Term Capital Gain (LTCG)

The calculator considers a ₹1,50,000 deduction / exemption before applying the LTCG tax rate.

Taxable LTCG = LTCG − ₹1,50,000

LTCG Tax = Taxable LTCG × 12.5%

7. Section 87A Rebate

The calculator considers a maximum rebate of ₹60,000 when normal taxable income is within the ₹12 lakh threshold used in the calculation.

Rebate = Minimum(Tax Before Rebate, ₹60,000)

8. Health & Education Cess

After applying the applicable rebate, a 4% Health & Education Cess is added to the remaining tax.

Cess = Tax After Rebate × 4%

9. How to Calculate the Final Tax

The calculator follows these steps:

  1. Enter Salary / Normal Income.
  2. Subtract the Standard Deduction.
  3. Add Other Income.
  4. Calculate tax using the applicable normal income slabs.
  5. Calculate STCG separately.
  6. Calculate LTCG after the applicable deduction / exemption.
  7. Add normal slab tax and capital gains tax.
  8. Apply the applicable Section 87A rebate.
  9. Calculate 4% Health & Education Cess.
  10. Add the cess to arrive at the final estimated tax payable.
Final Tax = (Normal Slab Tax + Capital Gains Tax − Rebate) + 4% Cess

10. Important Note

This calculator is an estimation tool based on the calculation structure implemented on this page. Actual income tax liability may depend on the complete nature of income, deductions, exemptions, special-rate income, surcharge, marginal relief, TDS, advance tax and other applicable provisions. Always verify the final amount before filing your income tax return.

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Income Details

Enter your income information below

Enter salary or income taxable at normal slab rates.
Default: ₹75,000
Interest, FD income or other normal-rate income.
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Capital Gains

Enter applicable STCG and LTCG

Rate used in this calculator: 20%
Deduction / exemption considered: ₹1,50,000
Income Tax Calculator — FY 2025–26 / AY 2026–27
© 2026 Income Tax Calculator. All Rights Reserved.
Created by Simon Palatty John