Calcwise

Tax calculator

Income Tax Calculator – India AY 2026-27

Estimate tax under India’s new tax regime for Assessment Year 2026-27, excluding surcharge and special-rate income.

What is the Income Tax Calculator – India AY 2026-27?

The calculator applies slab rates progressively, then the section 87A rebate where selected and eligible, then 4% cess.

The Calcwise Income Tax – India AY 2026-27 tool is designed to give a fast answer while keeping the arithmetic visible. Enter the requested values, check the units, and the result updates in your browser. Your calculator entries are not sent to a Calcwise server.

How to use this calculator

  1. Enter values using the units shown beside each field. In the interactive calculator, each field also shows a plain-language example or meaning guide.
  2. Check that the values describe the same period or situation where relevant.
  3. Read the main result and the supporting figures shown beside it.
  4. Use the reset button to return to the example values.

Inputs used

  • Taxable income — After eligible deductions
  • Resident individual eligible for 87A rebate?

Income Tax Calculator – India AY 2026-27 formula

Slabs: 0–4L nil; 4–8L 5%; 8–12L 10%; 12–16L 15%; 16–20L 20%; 20–24L 25%; above 24L 30%; then 4% cess.

The formula is shown so you can understand the relationship between the inputs instead of treating the result as a black box.

Worked example

For eligible new-regime total income up to ₹12 lakh, the 87A rebate can reduce slab tax to zero before cess.

Your own result may differ because it uses the exact values you enter. For comparisons, keep the method and units consistent from one calculation to the next.

Important assumptions and limitations

Uses AY 2026-27 new-regime slabs and 4% health & education cess. Rebate is applied only when selected and taxable income is up to ₹12 lakh. Surcharge, marginal relief, special-rate income and other exceptions are not included.

Calculator outputs are estimates unless the underlying arithmetic is exact by definition. For decisions involving tax filing, lending, health, contracts or institutional grading rules, use the calculator as a first check and confirm the final decision with the relevant authoritative source.

Frequently asked questions

What does the Income Tax Calculator – India AY 2026-27 calculate?

The calculator applies slab rates progressively, then the section 87A rebate where selected and eligible, then 4% cess.

What formula does the Income Tax Calculator – India AY 2026-27 use?

Slabs: 0–4L nil; 4–8L 5%; 8–12L 10%; 12–16L 15%; 16–20L 20%; 20–24L 25%; above 24L 30%; then 4% cess.

Is the Income Tax Calculator – India AY 2026-27 result exact?

Uses AY 2026-27 new-regime slabs and 4% health & education cess. Rebate is applied only when selected and taxable income is up to ₹12 lakh. Surcharge, marginal relief, special-rate income and other exceptions are not included.

How should I use the Income Tax Calculator – India AY 2026-27 result?

Use the result as a practical estimate or planning check. Keep the inputs consistent, read the assumptions on this page, and verify important financial, academic or health decisions with the appropriate official or professional source when needed.

Pro mode: Tax balance scenario

Adjust taxable income only for an amount you know is applicable, then compare the estimate with tax already paid/TDS.

Enable Pro mode above the input form to reveal the advanced scenario fields. The normal result stays visible, and a separate Pro analysis appears underneath so you can compare the basic answer with the deeper model.

Advanced options

  • Reduction to taxable income (if applicable) (₹)
  • Tax already paid / TDS (₹)