ArthaSiddhi
Income Tax Calculator
Estimate ordinary slab-rate tax for Tax Year 2026–27.
Inputs and assumptions
Update any value to recalculate instantly.
Tax Year 2026–27
This calculator does not determine deductions or exemptions. Income above ₹50,00,000 is outside scope because surcharge is not supported.
Estimated result
Full-precision engine values are formatted only for display.
Tax Year
Tax Year 2026–27
Regime
New regime
Taxable income
₹12,00,000.00
Tax before rebate
₹60,000.00
Rebate
₹60,000.00
Tax after rebate
₹0.00
Health & Education Cess
₹0.00
Estimated total income tax
₹0.00
Effective tax rate
0%
Slab-by-slab calculation
| Slab | Rate | Income in slab | Tax |
|---|---|---|---|
| ₹0.00 to ₹4,00,000.00 | 0% | ₹4,00,000.00 | ₹0.00 |
| ₹4,00,000.00 to ₹8,00,000.00 | 5% | ₹4,00,000.00 | ₹20,000.00 |
| ₹8,00,000.00 to ₹12,00,000.00 | 10% | ₹4,00,000.00 | ₹40,000.00 |
| ₹12,00,000.00 to ₹16,00,000.00 | 15% | ₹0.00 | ₹0.00 |
| ₹16,00,000.00 to ₹20,00,000.00 | 20% | ₹0.00 | ₹0.00 |
| ₹20,00,000.00 to ₹24,00,000.00 | 25% | ₹0.00 | ₹0.00 |
| ₹24,00,000.00 to above | 30% | ₹0.00 | ₹0.00 |
Rules & assumptions
- Rule period
- Tax Year 2026–27
- Last verified
- 2026-08-16
Official sources
- Objective and scope of the Income-tax Act, 2025Income Tax Department
- Income-tax slabs and section 87A rebate guidanceIncome Tax Department
- Union Budget 2025–26 speechMinistry of Finance
Based on the cited official material; verify current rules before making an actual decision.
How this is calculated
Tax is calculated progressively across the applicable slabs, followed by the eligible resident-individual rebate and 4% Health & Education Cess.
Important limitations
- This calculator is for Tax Year 2026–27 and ordinary slab-rate taxable income of a resident individual.
- Applicable deductions and exemptions must already be reflected in the entered taxable income.
- Special-rate income, agricultural-income aggregation, surcharge, treaty relief, section 89 relief, AMT, and return-filing liability are not supported.
- Results are educational estimates; official Income Tax Department rules prevail.
Review the Financial Disclaimer before using an estimate for an important decision.