Income Tax Calculator India 2026 🇮🇳
Calculate your exact tax for FY 2025-26 with support for the new ₹12L rebate, surcharge relief, and 80CCD(2) NPS deductions.
💰 Income Sources
Include basic, allowances, and bonuses.
Max ₹2L cap (Old Regime).
🏢 HRA & Rent Support
🛡️ Deductions (Chapter VI-A)
Max ₹1.5L cap.
Additional ₹50,000 cap.
Allowed in BOTH regimes.
*Note: 80G has complex qualifying limits (10% of total income) not fully modeled here.
The Verdict
The Equal is better 🚀
You save ₹0 annually!
Both regimes result in the same tax liability for your income profile.Calculation follows Finance Act & Union Budget rules with statutory marginal relief safeguards.
Calculation Transparency
Why does tax increase after ₹12 Lakh? (The Cliff Explained) ⚡
Most elementary calculators show a sudden tax jump of over ₹60,000 the second your taxable income hits ₹12,00,001. This occurs because the Section 87A rebate (worth ₹60,000) is officially restricted to those with income up to ₹12 Lakhs.
Our calculator correctly applies Marginal Relief. Instead of penalizing you for earning a single rupee extra, the law ensures that your increase in tax cannot exceed your increase in income.
Case Study: Income ₹12,10,000
- Base Slab Tax:₹61,500
- Without Relief Pay:₹61,500
- With This Tool Pay:₹10,000
"By applying Marginal Relief, we save you ₹51,500 in this specific scenario precisely as per the latest 2026 tax rules."
The ₹12.75L Zero-Tax Reality — Explained 🛡️
Under the Union Budget 2025 New Regime, you can earn up to ₹12.75 Lakhs without paying a single rupee in tax. Here is the mathematical bridge:
This is possible because the ₹75,000 Standard Deduction brings your net taxable income down to exactly ₹12 Lakhs, which then triggers the full ₹60,000 Section 87A rebate, wiping out your entire bill.
Surcharge & High-Income Safety 📈
Earners making over ₹50 Lakhs face an additional Surcharge on their base tax. In the 2026 New Regime, the maximum surcharge is capped at 25%, unlike the Old Regime's 37% for ₹5Cr+ earners. Our engine dynamically calculates surcharge marginal relief to ensure no tax spikes at threshold crossings.
Maximize Your Post-Tax Salary 💰
Structure your salary components, declare the right exemptions, and leverage the full power of 80CCD(2) to retire wealthier.
Learn Tax OptimizationActuarial & System Assumptions
This simulation engine is provided for illustrative, educational, and strategic planning purposes only. It does not constitute a financial contract, legal guarantee, or fiduciary advice.
Calculations rely on deterministic inputs and compounded mathematical growth models. Real-world inflation, sequence of returns, market volatility, and asset degradation will cause actual results to deviate.
Tax brackets, government subsidies (e.g., PM Surya Ghar), and statutory interest rates are subject to continuous legislative amendments. This engine does not guarantee real-time legal compliance.
Rupee Logics is a mathematical simulator, not a SEBI-registered entity. Users are strictly advised to verify all capital allocations and liability assumptions with certified financial professionals.