Salary tools · FY 2026-27
Income tax calculator — old vs new regime
Enter your annual gross salary (before any tax is deducted). We compute your income tax under both regimes with the standard deduction, the Section 87A rebate and cess — the same engine as our main calculator.
Your salary before tax — for a ₹12 LPA CTC this is roughly ₹11.4 lakh after employer PF and gratuity come out of CTC.
New tax regime
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Old tax regime
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How this is calculated
- New regime: standard deduction ₹75,000; slabs 0–4L nil, 4–8L 5%, 8–12L 10%, 12–16L 15%, 16–20L 20%, 20–24L 25%, above 24L 30%; Section 87A rebate up to ₹60,000 when taxable income is up to ₹12,00,000, with marginal relief just above it; 4% cess.
- Old regime: standard deduction ₹50,000 plus the full ₹1,50,000 Section 80C deduction assumed used; slabs 0–2.5L nil, 2.5–5L 5%, 5–10L 20%, above 10L 30%; 87A rebate ₹12,500 up to ₹5,00,000 taxable; 4% cess.
- Surcharge (income above ~₹50 lakh) is not applied. HRA exemption is not included — if you claim it, your old-regime tax can be lower; try the HRA calculator.
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Please note: estimates only — not tax advice. Tax rules: FY 2026-27. See our methodology page for formulas and sources.