Tax year 2026-27

Salary Income Tax Calculator

Old vs new regime with HRA, standard deduction, 80C, 80D, NPS and home loan interest.

Salary

Age group

Gross annual salaryTotal CTC paid to you, including HRA and allowances

Basic + DA (annual)Used for HRA and employer NPS limits

Other incomeInterest, rent, freelance etc.

HRA and rent (old regime)

HRA received (annual)

Rent paid (annual)

City where you live

Professional tax paidMax Rs 2,500

Home loan interest (self occupied)Max Rs 2,00,000, old regime

Deductions (old regime only)

Section 80C (PF, PPF, ELSS, LIC, tuition)Max Rs 1,50,000

Section 80D (health insurance)Self and parents

NPS own contribution 80CCD(1B)Max Rs 50,000

Savings bank interest80TTA up to Rs 10,000

Other deductions (80E, 80G etc.)

Both regimes

Employer NPS contribution 80CCD(2)14% of basic in new regime, 10% in old

Tax year 2026-27 · AY 2027-28

Estimate based on Budget 2026 rates (unchanged from 2025-26). Surcharge marginal relief and the 87A rebate are applied. Final tax depends on your full facts, so please confirm with a Chartered Accountant before filing.

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