📊 Financial Year 2026-27 | Tax Year 2027-28 | Income-tax Act, 2025

Comprehensive Income Tax Calculator

Enter your details, income under all 5 heads, and deductions. Get tax computed under both regimes with a printable computation sheet.

👤 Personal Details

Full Name

PAN Number

Mobile Number

Email ID

Age Group

Residential Status

💰 Head 1 — Income from Salary

Gross Salary (Annual) ₹Basic + DA + HRA + Special Allowance + Bonus + Perquisites

Exempt Allowances (HRA, LTA etc.) ₹Old RegimeHRA exemption u/s 10(13A), LTA, children education allowance, etc.

🏠 Head 2 — Income from House Property

Property Type

Gross Annual Value (Rent Received) ₹Applicable for let-out property

Municipal Taxes Paid ₹

Interest on Housing Loan ₹Self-occupied: max ₹2L | Let-out: no limit

💼 Head 3 — Profits & Gains from Business / Profession

Net Profit from Business / Profession ₹Net profit after all allowable business expenses

📈 Head 4 — Capital Gains

STCG u/s 111A (Equity — 20%) ₹Listed equity shares / equity MF — flat 20%

Other Short-Term Capital Gains ₹Debt MF, property <2yr, gold etc. — at slab rates

LTCG u/s 112A (Equity — 12.5%) ₹Listed equity — exempt up to ₹1.25L, then 12.5%

Other Long-Term Capital Gains ₹Property, debt MF, gold etc. — flat 12.5%

💲 Head 5 — Income from Other Sources

Interest Income (Savings/FD/RD) ₹

Dividend Income ₹

Other Income (Gifts, Lottery, etc.) ₹

📋 Deductions under Chapter VI-A Old Regime

These deductions apply only under Old Regime, except 80CCD(2) which is available in both regimes.

80C — PPF, ELSS, LIC, EPF, Tuition ₹Max ₹1,50,000

80CCD(1B) — NPS (Additional) ₹Max ₹50,000

80CCD(2) — Employer NPS ₹Both RegimesEmployer contribution — available in both regimes

80D — Medical Insurance ₹Self ₹25K/₹50K + Parents ₹25K/₹50K

80E — Education Loan Interest ₹Full amount — no upper limit

80G — Donations ₹Eligible donation amount

80TTA/80TTB — Savings Interest ₹80TTA ₹10K | 80TTB ₹50K (senior)

80DD/80U — Disability ₹₹75K normal / ₹1.25L severe

80DDB — Medical Treatment ₹Max ₹40K (₹1L for senior)

80GG — Rent Paid (if no HRA) ₹Max ₹5,000/month

Section 24(b) — Home Loan Interest ₹Self-occupied max ₹2L (if not entered in HP head above)

Other Deductions ₹80EEA, 80RRB, etc.

💡 You Save

₹0

by choosing the New Tax Regime

Old Tax Regime

₹0

Effective Rate: 0%

New Tax Regime (Default u/s 115BAC)

₹0

Effective Rate: 0%

💬 Discuss Tax Planning with CA Charan

⚠ Disclaimer: This calculator provides an approximate tax computation based on the inputs provided and provisions of the Income-tax Act, 2025 applicable for FY 2026-27. Actual tax liability may vary based on individual circumstances, applicable exemptions, and judicial interpretations. This does not constitute tax advice. For accurate tax planning and filing, please consult CA Sai Charan Jakkula at +91 91778 66844. Surcharge is applicable for income above ₹50 lakh.

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Comprehensive Income Tax Calculator

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