Tax Calculator — FY 2026-27

Basic Details FY 2026-27 (AY 2027-28)

Employment Type

Age Group

City of Residence

Metro cities get 50% HRA exemption; non-metro get 40%

Are your parents senior citizens?

Income Details

Basic Salary / Pension (Annual) *

₹

Before HRA, LTA and standard deductions

HRA Received (Annual)

₹

House Rent Allowance from employer

Other / Special Allowances (Annual)

₹

Fully taxable special allowances

Professional Tax Paid

₹

Max deductible: ₹2,500

House Property Income

Rental Income (Annual)

₹

Gross rent from let-out property

Property Tax Paid

₹

Home Loan Interest (Annual)

₹

Self-occupied: max ₹2L under Sec 24 (old regime)

Capital gains are taxed at special flat rates — not at slab rates (except STCG-others). FY 2025-26 rates apply.

Short-Term Capital Gains

STCG — Equity MFs & Shares (20%)

₹

Held ≤ 1 year. Taxed at flat 20% (FY25-26)

STCG — Others (Slab Rate)

₹

Property, debt funds, gold held < 24/36 months — taxed at slab rate

Long-Term Capital Gains

LTCG — Equity MFs & Shares (12.5%)

₹

Held > 1 year. First ₹1.25 lakh exempt, balance at 12.5%

LTCG — Others After Indexation (12.5%)

₹

Property, gold, debt funds held > 2/3 years — 12.5% (FY25-26)

Savings Account Interest

₹

Interest on Fixed Deposits (incl. tax-saving FD)

₹

Dividend Income

₹

Any Other Income

₹

TDS Already Deducted

₹

Will be subtracted from final tax payable

Deduction Details

These deductions apply only to the Old Tax Regime. New Regime allows only ₹75,000 standard deduction + NPS employer contribution.

Section 80C — Max ₹1,50,000

Life Insurance Premium

₹

Annual premium paid for life insurance policies

Tax Saving Mutual Funds / ELSS

₹

Pension Fund u/s 80CCC

₹

Tax Saving Fixed Deposits

₹

PPF (Public Provident Fund)

₹

EPF (Employee Provident Fund)

₹

Housing Loan Principal (80C)

₹

Tuition Fee (Children)

₹

Full-time education tuition fee for up to 2 children

Any Other 80C Investment

₹

NSC, Sukanya Samriddhi, SCSS, etc.

Section 80D — Health Insurance & Medical

Self & Family

Health Insurance Premium (Self & Family)

₹

Max ₹25K (normal) / ₹50K (senior citizen)

Preventive Health Checkup (Self, Family & Parents)

₹

Max ₹5,000 within the 80D limit

Parents

Health Insurance Premium (Parents)

₹

Max ₹25K / ₹50K if parents are senior citizens

NPS — National Pension System

NPS Employee Contribution u/s 80CCD(1B)

₹

Extra deduction up to ₹50,000 over & above 80C

NPS Employer Contribution u/s 80CCD(2)

₹

Max 10% of basic salary. Allowed in new regime too

Other Deductions

Education Loan Interest u/s 80E

₹

Full interest deductible (no upper limit, up to 8 years)

80G Donation — 100% Deduction

₹

80G Donation — 50% Deduction

₹

Only 50% of this amount will be deducted

Rent Paid (Annual)

₹

For HRA exemption (salaried) or 80GG deduction (max ₹60K, when no HRA)

Any Other Deductions

₹

Summary

Review your details across Basic, Income, and Deductions tabs, then calculate tax to see Old vs New regime comparison.

Employment type controls visible fields in Annual Income and Other Deductions automatically.