Income Tax Calculators for India — Tax Year 2026-27
Calculate your income tax accurately using verified Tax Year 2026-27 tax slabs under the Income Tax Act, 2025. BharatBills covers income tax, TDS, advance tax instalments, capital gains tax, and HRA exemption — all in one place.
Available Calculators
Popular Calculations
Pre-computed results for common scenarios — see the exact answer instantly.
New vs Old Regime for ₹12 LPA: Breakeven & Tax Savings
To beat the New Regime's ₹0 tax at ₹12 LPA, you would need over ₹4.5 Lakh in Old Regime deductions (80C + 80D + HRA + home loan).
In-Hand Salary for ₹12 LPA CTC — Zero Tax Under Section 87A
₹12 LPA pays ₹0 income tax under the New Tax Regime, saving upwards of ₹1.1 Lakh compared to previous tax years.
New vs Old Regime for ₹15 LPA: Breakeven Point Analysis
Breakeven deduction threshold is approximately ₹4.0 Lakh. If your deductions (80C + HRA + Home Loan) exceed ₹4.0 Lakh, Old Regime saves tax; otherwise New Regime wins.
New vs Old Regime for ₹20 LPA: Tax Breakeven Comparison
Breakeven deduction is ~₹4.75 Lakh. You need over ₹4.75 Lakh in combined 80C, 80D, HRA, and home loan interest for the Old Regime to save more tax.
Frequently Asked Questions
What are the new tax regime slabs for Tax Year 2026-27?
New regime slabs for Tax Year 2026-27: Up to ₹4L → 0%; ₹4–8L → 5%; ₹8–12L → 10%; ₹12–16L → 15%; ₹16–20L → 20%; ₹20–24L → 25%; Above ₹24L → 30%. Standard deduction: ₹75,000. 87A rebate: nil tax for income up to ₹12L. Cess: 4%.
What is the last date for advance tax payment?
Advance tax is paid in four instalments: 15% by June 15, 45% by September 15, 75% by December 15, and 100% by March 15. Failure to pay advance tax results in interest under Sections 234B and 234C.
Not sure which Income Tax tool for India — Tax Year 2026-27 you need?
Choose the right tool based on your immediate financial goal:
Income Tax Calculator
Full income tax with new/old regime
TDS Calculator
Calculate TDS on salary and payments
Advance Tax Calculator
Calculate quarterly advance tax instalments
Capital Gains Tax
STCG/LTCG calculator for shares and property
Salary Calculator
CTC to in-hand with tax breakdown
HRA Calculator
Compute HRA exemption for metro/non-metro
Related Financial Guides & Regulatory Analysis
New Tax Regime vs Old Tax Regime: Which Saves More in FY 2025-26?
Compare Section 115BAC slabs against Old Regime deductions.
Paying Rent to Parents to Claim HRA: Legal Rules & Rent Receipts
How to legally claim Section 10(13A) HRA exemption and avoid tax notices.
Advance Tax Payment Guide: Due Dates, Calculation & Interest
Quarterly calendar and Section 234B/234C interest penalties.
Capital Gains Tax on Stocks & Mutual Funds: STCG vs LTCG Slabs
Understand 12.5% LTCG and 20% STCG rules under Finance Act 2024.