1 April 2026 – 31 March 2027 · Income-tax Act, 2025. The basic salary-model rates match across these two periods; the law and section references differ.
Your income
Enter amounts you have confirmed are eligible under the old regime
Caps are simplified and do not check supporting conditions, age, income type or overlap. Do not enter total premiums, rent or loan interest unless you have verified the eligible claim for the applicable year.
The health input combines the eligible family and parents claims. Each group has its own conditions and ₹25,000 or ₹50,000 limit; ₹1 lakh is an outer combined ceiling, not an automatic entitlement.
How this estimate is calculated
Salary standard deduction: up to ₹50,000 under the old regime and ₹75,000 under the new regime. Enter only eligible old-regime claims, without double-counting. The model uses section 202 for the new regime and section 156 for the resident rebate.
New-regime marginal slab rates
- Up to ₹4 lakh: 0% on income within the band
- ₹4–8 lakh: 5% on income within the band
- ₹8–12 lakh: 10% on income within the band
- ₹12–16 lakh: 15% on income within the band
- ₹16–20 lakh: 20% on income within the band
- ₹20–24 lakh: 25% on income within the band
- Above ₹24 lakh: 30% on income within the band
For this ordinary-income model, the new-regime rebate makes tax zero at taxable income up to ₹12 lakh. Above that threshold, marginal relief can limit pre-cess tax to the excess income. It is not a flat ₹60,000 deduction from every higher-income tax bill. Under the old regime, the rebate threshold is ₹5 lakh. Cess is then added.