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Income Tax Calculator AY 2026-27 old vs New Regimes Comparison
Ultimate Income Tax Calculator India (AY 2026-27)
📌 Important Notes:
• New Regime is default from FY 2025-26
• Standard Deduction: ₹50,000 (Old), ₹75,000 (New)
• Rebate u/s 87A: ₹12,500 (Old, income ≤ ₹5L), ₹60,000 (New, income ≤ ₹12L)
• Health & Education Cess @ 4% applied
• New Regime is default from FY 2025-26
• Standard Deduction: ₹50,000 (Old), ₹75,000 (New)
• Rebate u/s 87A: ₹12,500 (Old, income ≤ ₹5L), ₹60,000 (New, income ≤ ₹12L)
• Health & Education Cess @ 4% applied
👤 Taxpayer Profile
💼 Salary Income (₹)
🏠 Other Income Sources (₹)
Enter negative for loss (e.g., -200000)
🧾 Deductions (Old Regime Only) (₹)
Max: ₹25,000/₹50,000 for senior parents
Max: ₹2,00,000 for self-occupied
Max: ₹1,50,000 for affordable housing
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