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Income Tax Calculator

Estimate your income tax liability under Old vs New tax regimes for FY 2026-27.

Total Income Tax

₹0

Gross Income

₹5,000

Net Deductions

₹2,25,000

Portfolio Mix

Deductions
Tax

Growth Curve

Tax Efficiency Insight

Based on your ₹5,000 income and ₹2,25,000 deductions, your total tax liability is estimated at ₹0 under the new regime.

Tax Slab Breakdown

Total Income Tax₹0
Health & Education Cess (4%)₹0
You invest ₹5,000 every month for 20 years. At an estimated 12% annual return, your total investment is ₹5,000 and the estimated total value is approximately ₹0. Around ₹2,25,000 represents estimated growth.

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Frequently Asked Questions

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How it works

Calculates total tax based on slab-wise rates for the selected financial year.

The formula

Slab-based progressive taxation
IT
Income Tax
Cess
4% Health & Education Cess

Worked example

Annual salary of ₹10 Lakh assessed against slabs.

Pro tips

  • Compare both regimes to find lower liability.
  • Keep investment proofs ready for Old Regime deductions.

Common mistakes

  • Forgetting to add health & education cess.

Go deeper

Concepts to explore

Understanding Tax Regimes

Institutional grade calculations are illustrative and for educational wealth architecture. Results do not constitute investment advice.