How to use this calculator
- Enter resident individual ordinary taxable income (inr).
- Choose a display currency, then select Calculate. Results also update after a brief pause while you edit.
- Read the result with the assumptions below. Export details or save a second scenario to compare your choices.
Formula and method
Assumptions and limitations
India; AY 2026/27, income period 2025-04-01 to 2026-03-31. Enter taxable income after eligible deductions. Excludes special-rate income, nonresidents and income above ₹50 lakh. No surcharge within supported range. Tax-return rounding and credits are not modeled.
Worked example
For the sample inputs shown above, india new-regime tax — ay 2026/27 produces a first result of approximately 52000. The assumptions below explain what this result represents.
What the result means
Estimate new-regime tax for a resident individual with ordinary taxable income up to ₹50 lakh.
Common questions
How is the calculation performed?
Apply 0/5/10/15/20/25/30% bands at 4/8/12/16/20/24 lakh. Rebate up to 12 lakh; above it, ordinary tax is capped by income above 12 lakh where marginal relief applies; add 4% cess.
What does the model leave out?
India; AY 2026/27, income period 2025-04-01 to 2026-03-31. Enter taxable income after eligible deductions. Excludes special-rate income, nonresidents and income above ₹50 lakh. No surcharge within supported range. Tax-return rounding and credits are not modeled.
Methodology and transparency
Calculation specification reviewed on 2026-10-14. Mathematical implementation is tested against independent reference fixtures. This does not imply review by a licensed financial professional. Read the testing and precision policy.
Background reference: www.incometaxindia.gov.in — financial method. FinanceMath implements its own calculator.
Rule version: in-ay2026-27-ordinary-v1. Effective from: 2025-04-01. Effective through: 2026-03-31.