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Compare your exact tax under both regimes for FY 2025-26 and FY 2026-27 (slabs unchanged by Budget 2026). Surcharge, marginal relief, Section 87A rebate and cess built in.
Drag the sliders or type exact amounts. Results update live.
The new regime ignores these (except employer NPS) and gives a flat ₹75,000 standard deduction.
Budget 2026 (1 February 2026) made no change to personal income tax slab rates, so the structure announced in Budget 2025 continues for FY 2025-26 and FY 2026-27. The new Income Tax Act, 2026 replaces the 1961 Act from 1 April 2026 with simplified language and renumbered sections, but the rates and regimes below are unchanged.
Under the new regime, a Section 87A rebate of up to ₹60,000 means zero tax for taxable income up to ₹12 lakh, which is ₹12.75 lakh of salary after the ₹75,000 standard deduction. Marginal relief applies just above that line. The old regime keeps its ₹50,000 standard deduction and the full menu of Chapter VI-A deductions.
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 to ₹8,00,000 | 5% |
| ₹8,00,001 to ₹12,00,000 | 10% |
| ₹12,00,001 to ₹16,00,000 | 15% |
| ₹16,00,001 to ₹20,00,000 | 20% |
| ₹20,00,001 to ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
| Taxable income | Rate |
|---|---|
| Up to ₹2,50,000 | Nil |
| ₹2,50,001 to ₹5,00,000 | 5% |
| ₹5,00,001 to ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Surcharge applies in both regimes above ₹50 lakh (10%), ₹1 crore (15%), ₹2 crore (25%) and ₹5 crore (37% old regime, capped at 25% in the new regime), each with marginal relief, plus 4% health and education cess. This calculator applies all of it automatically.
No. Budget 2026 left personal income tax slab rates unchanged, so FY 2026-27 uses the same structure as FY 2025-26: nil up to ₹4 lakh rising to 30% above ₹24 lakh in the new regime, with the ₹60,000 Section 87A rebate intact.
For salaried taxpayers in the new regime, yes. The ₹75,000 standard deduction brings ₹12.75 lakh of salary down to ₹12 lakh taxable income, and the Section 87A rebate wipes out the ₹60,000 tax on it. Above that, marginal relief tapers the benefit.
Taxpayers with large deductions, typically HRA plus 80C plus home loan interest exceeding roughly ₹4 to 5 lakh in total, can still beat the new regime. Run both numbers above; the calculator declares the winner instantly.
It replaces the Income-tax Act, 1961 from 1 April 2026 with simpler drafting, a single tax year concept and renumbered sections. Rates, regimes and rebates were carried over unchanged, so your tax outcome does not change because of the new Act alone.
Yes. It applies surcharge slabs above ₹50 lakh with marginal relief in both regimes, the 25% surcharge cap in the new regime, and adds 4% health and education cess to the final figure.
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