Income Tax Calculator (India)

Old Regime Deductions

Max ₹1,50,000. Includes PPF, ELSS, LIC, tuition fees.
Budget 2026 applied. Slab rates for Tax Year 2026-27 remain unchanged from the prior year per Finance Act 2026 (verified against BusinessToday and KPMG India Budget 2026 analysis). Section 87A rebate up to ₹12 lakh taxable income, standard deduction ₹75,000 (new regime), 4% cess, surcharge slabs all preserved. Last updated: April 18, 2026.