Calculator · Income tax FY 2026-27
Income tax calculator: salary and capital gains, old vs new regime
Enter your salary, other income and capital gains. See your total tax under the old and the new regime side by side, with surcharge and cess included, and which one is lower for you.
Your details
Enter yearly amounts for FY 2026-27. Leave anything that doesn’t apply as 0.
Income
Capital gains this year
Deductions
Old regime only 80C, health insurance, home loan, HRA…
| 1. HRA received | ₹0 |
| 2. Rent paid minus 10% of basic + DA | ₹0 |
| 3. 50% of basic + DA | ₹0 |
| Exempt HRA used in the calculation | ₹0 |
Your estimated tax obligation
FY 2026-27 · Resident · income and gains ₹21,00,000
The new regime saves about ₹1,56,000 compared with the old regime, based on the numbers you entered.
Please consult a Chartered Accountant before filing. This is an estimate, not tax advice. Your actual tax depends on your full details.
How this calculator works
Head 1: income at slab rates
Salary (after standard deduction), other income, short-term gains on non-equity assets and debt fund gains are added up. In the old regime, your deductions are subtracted. Tax is then worked out slab by slab.
Head 2: capital gains at special rates
Short-term gains on equity are taxed at 20%. Long-term gains on equity are taxed at 12.5% after the first ₹1.25 lakh. Long-term gains on other assets are taxed at 12.5%. Deductions such as 80C cannot reduce these gains. For residents, any unused basic exemption is set off against them.
HRA exemption (old regime)
Only part of your house rent allowance is tax-free: the lowest of (1) the HRA you receive, (2) rent paid minus 10% of basic salary + DA, and (3) 50% of basic salary + DA in Mumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Pune or Ahmedabad, or 40% elsewhere. The calculator works this out for you, or you can enter the exempt figure from your Form 16. HRA exemption is not available in the new regime.
Rebate
Residents in the new regime pay no tax on slab income if total income is up to ₹12 lakh (rebate up to ₹60,000), with marginal relief just above ₹12 lakh. The rebate does not apply to tax on equity gains at special rates, so someone with ₹10 lakh salary and equity gains may still owe tax. In the old regime, the rebate is up to ₹12,500 if total income is up to ₹5 lakh. NRIs do not get the rebate.
Surcharge and cess
Surcharge is charged on the tax, based on total income. On capital gains taxed at special rates it is capped at 15%. Marginal relief is applied, so crossing a threshold by a small amount does not add more tax than the extra income. Finally, 4% health and education cess is added.
Tax rates used (FY 2026-27)
New regime slabs
| Up to ₹4 lakh | Nil |
| ₹4–8 lakh | 5% |
| ₹8–12 lakh | 10% |
| ₹12–16 lakh | 15% |
| ₹16–20 lakh | 20% |
| ₹20–24 lakh | 25% |
| Above ₹24 lakh | 30% |
Standard deduction ₹75,000. Same slabs at every age.
Old regime slabs
| Up to ₹2.5 lakh (₹3 lakh at 60–79, ₹5 lakh at 80+) | Nil |
| From there up to ₹5 lakh | 5% |
| ₹5–10 lakh | 20% |
| Above ₹10 lakh | 30% |
Standard deduction ₹50,000. Higher exemption for resident seniors.
Capital gains
| Equity shares & equity funds, held up to 12 months | 20% |
| Equity shares & equity funds, held over 12 months | 12.5% above ₹1.25 lakh a year |
| Gold, property, unlisted shares (over 24 months); listed bonds (over 12 months) | 12.5%, no indexation |
| Other short-term gains; debt funds bought from 1 April 2023 | Your slab rate |
Surcharge on tax
| Total income | Old | New |
|---|---|---|
| Above ₹50 lakh | 10% | 10% |
| Above ₹1 crore | 15% | 15% |
| Above ₹2 crore | 25% | 25% |
| Above ₹5 crore | 37% | 25% |
Capped at 15% on capital gains taxed at special rates. Cess: 4% on tax plus surcharge.
Important: please read
- Not tax advice. This calculator gives an estimate for individuals for FY 2026-27 (tax year 2026-27 under the Income-tax Act, 2025), using rates as of November 2026. DreamLadder Capital is a mutual fund and PMS distributor, not a tax adviser. Please consult a Chartered Accountant before choosing a regime or filing your return.
- Not covered: property bought before 23 July 2024 (where a resident may choose 20% with indexation), set-off and carry forward of losses, business, F&O or professional income, crypto and other special-rate income, agricultural income, exemptions for reinvesting gains, and tax treaty (DTAA) relief for NRIs.
- Deductions are capped at the usual limits shown, but some limits depend on your age, family and salary structure. Employer NPS is limited to 14% (new) or 10% (old) of basic salary plus DA. The calculator does not check these for you.
- The result is your total tax for the year before TDS or advance tax already paid. Interest for late or short advance tax is not included. Figures are rounded.
- Tax rules change, usually with each Union Budget. Check the current rules before acting on these numbers.