Income Tax Calculator
New tax regime only. Pick a financial year, enter your annual income, and see total tax plus how much of your income goes to tax.
FY 2026-27 · AY 2027-28
₹0
Total tax (incl. cess)
Relative tax on income
0.00%
of gross income
How your income splits₹12,00,000
Take-home 100.0%Tax 0.0%
In-hand (annual)
₹12,00,000
~₹1,00,000 / month
Tax (annual)
₹0
~₹0 / month
Calculation breakdown
- Gross income
- ₹12,00,000
- Standard deduction
- −₹75,000
- Taxable income
- ₹11,25,000
- Tax on slabs
- ₹52,500
- Rebate (87A)
- −₹52,500
- Health & education cess (4%)
- ₹0
- Total tax
- ₹0
Slab rates — FY 2026-27 (new regime)
Up to ₹4LNil
₹4L – ₹8L5%
₹8L – ₹12L10%
₹12L – ₹16L15%
₹16L – ₹20L20%
₹20L – ₹24L25%
Above ₹24L30%