Advanced Tax Calculator

Updated for AY 2026-27 (FY 2025-26). Calculate tax liability with new slabs, surcharge marginal relief, and dedicated rates for Capital Gains.

Compute Your Tax Liability

Quick Estimation

Enter your total income to get a quick comparison.

Gross Annual Income (₹)

Your Age

Deductions (For Old Regime)

80C (PPF, ELSS, LIC) - Max 1.5L

80D (Health Insurance)

Home Loan Interest (Self-Occupied)

Others (HRA, 80E, NPS)

Select Basic or Advanced, enter details, and click Calculate.

*In Advanced Mode, Standard Deduction (₹50k/₹75k) is applied ONLY to Salary Income.
**Disclaimer: For educational purposes only. Rates based on Finance Bill 2025, interest and other penalities not included.

Current Regimes at a Glance

Old Tax Regime

Best if you have > ₹3.75 Lakhs in deductions.

• Standard Deduction: ₹50,000
• Tax-Free Limit: ₹5 Lakh (u/s 87A)
• Allows HRA, LTA, 80C, 80D, Home Loan interest claims.

New Tax Regime (Default)

Simple & lower rates. No documentation needed.

• Standard Deduction: ₹75,000
• Tax-Free Limit: ₹12 Lakh (u/s 87A)
• Includes Marginal Relief for income slightly > ₹12L.

Deductions Explorer (Old Regime)

Maximize your savings under the Old Regime using these popular sections.

Section 80C: The Powerhouse (Max ₹1.5 Lakh) +

Includes PPF, ELSS Mutual Funds, Life Insurance Premiums, Employee PF (EPF), and Principal repayment on Home Loans.

Section 80D: Health Insurance +

Claim up to ₹25,000 for self/family. Additional ₹25,000 for parents (₹50,000 if senior citizens). Max deduction can go up to ₹1 Lakh.

Section 24(b): Home Loan Interest +

Deduction of up to ₹2 Lakhs on interest paid for a self-occupied property. No limit for let-out property (loss set-off capped at ₹2L).

Quick ITR Form Finder

1. Business/Profession Income?

Critical Filing Dates

July 31: Due date for Salaried, Capital Gains and others* .
Aug 31: Due date for Non-Audit cases(Business)*.
Oct 31: Due date for Audit cases*.
Mar 31: Last date for Belated/Revised returns*.