OurPaisa Tools

India Income Tax Calculator

Estimate your income tax for the old and new regimes side by side. Every calculation runs in your browser -- nothing you enter is ever sent anywhere.

Basic Info

Assessment Year

Age (as of 31 March of the relevant year)

Residential Status

Senior/super-senior citizen exemption slabs and a few deductions (80DD, 80DDB, 80U, 80TTB) apply only to resident individuals, per the Income-tax Act.

Income Details

Salary

Gross salary (before any deduction, annual)

Professional tax paid (if any)

HRA exemption (old regime only) -- fill in only if you receive HRA and pay rent:

HRA received (annual)

Rent paid (annual)

Basic pay + DA (annual)

City type

House Property

Supports one self-occupied and one let-out property. If you have more than one of either, add the figures together before entering them here.

Self-occupied property

Home loan interest paid (annual)

Let-out property

Annual rent received

Municipal taxes paid

Home loan interest paid

Capital Gains

Short-term equity/equity-MF gains (STT paid, held ≤12 months)

Long-term equity/equity-MF gains (held >12 months)

Short-term gains on other assets (property/gold/debt-MF, held ≤24 months)

Long-term gains on other assets acquired on/after 23-Jul-2024 (held >24 months)

Not modeled: the one-time indexed 20% option for property acquired on/before 22-Jul-2024, and debt mutual fund LTCG (always taxed at slab rate since 1-Apr-2023). If either applies to you, please consult a tax professional or the official calculator for that portion of your gains.

Other Sources

Savings account interest

FD/RD interest

Dividends and other income

Business / Profession

Net presumptive business/professional income (annual)

Scope limit: this calculator only accepts a single net presumptive-income figure (e.g. under Sec 44AD/44ADA). It does not compute a full profit & loss statement, depreciation, or book-keeping-based business income -- if that applies to you, please use a professional or the official utility for this head.

Old Regime Deductions

These only affect the Old Regime result -- the new regime does not allow most of them (see Results for exactly which ones still apply).

Chapter VI-A Deductions

80C + 80CCC + 80CCD(1) (combined, max Rs 1,50,000)

80CCD(1B) -- additional NPS (max Rs 50,000)

80CCD(2) -- employer's NPS contribution (allowed in both regimes)

80D -- self/family health premium + check-up

80D -- parents' health premium

Are your parents senior citizens (60+)?

80E -- education loan interest

80TTA -- savings interest (non-seniors, max Rs 10,000)

80TTB -- deposit interest (residents 60+, max Rs 50,000)

80G -- donations

80G category

80GG -- rent paid (no HRA received)

80EE and 80EEA (extra home-loan-interest deductions) are not included as separate fields -- both are legacy, sunset provisions available only for home loans sanctioned in narrow past windows (FY2016-17 for 80EE; Apr-2019 to Mar-2022 for 80EEA) and rarely apply to a new calculation today. If one genuinely applies to you, add the eligible amount to your self-occupied home loan interest above and verify separately.

Advanced

TDS / TCS / Advance Tax / Self-Assessment Tax

TDS deducted (Form 16 / 16A / 26AS)

TCS collected

Advance tax already paid

Self-assessment tax already paid

"Tax Liability" (below) is your total computed tax for the year. "Balance Payable" is Liability minus everything entered here -- a negative balance means a refund is due.

How this calculator works

Enter your basic details, income by head, and (for the old regime) your deductions, then choose Calculate. Every figure is computed entirely in your browser using a verified, section-by-section tax-rules dataset for the assessment year you select -- your income tax is computed the way the law actually works: gross income per head, exemptions, house-property adjustment, capital gains at their special rates, gross total income, Chapter VI-A deductions, taxable income, slab tax, Section 87A rebate (with marginal relief where it applies), surcharge (with marginal relief at every threshold), and Health & Education Cess -- never a shortcut multiplication. Nothing you type is saved, transmitted to our servers, or used for anything other than showing you the result on this page.

Is this an official Income Tax Department calculator?

No. This is an independent estimation tool built by OurPaisa Tools and is not affiliated with, endorsed by, or an official calculator of the Income Tax Department or the Government of India. Always verify important calculations using the official e-filing utility or a qualified tax professional before filing.

Is my financial data sent to any server?

No. Every calculation runs entirely in your browser. Nothing you enter -- income, deductions, dates of birth, or any other detail -- is ever sent to our servers or stored anywhere. We do not require sign-up or login.

Which assessment years are supported?

AY 2026-27 (income earned in FY 2025-26, under the Income-tax Act, 1961) and AY 2027-28 (income earned in FY 2026-27, under the new Income-tax Act, 2025). Support for future assessment years will be added once their rules are officially confirmed.

Does this tool tell me which regime is better for me?

No. It shows your estimated tax under both the old and new regimes side by side so you can compare them yourself. It does not recommend one regime over the other, since the better choice depends on your full financial picture.

Disclaimer: This tool provides an estimate for general informational purposes only and does not constitute tax, legal, or financial advice. See our Disclaimer and Terms of Use for more detail.