Income Tax Calculator
Estimate income tax for a selected Indian tax year under the new or old regime. This is not a filed return.
How this is calculated
Tax is computed on slabs for the selected year, minus rebate, plus surcharge with marginal relief where modelled, plus 4% health and education cess. For salary, the standard deduction for that regime is subtracted first.
Capital-gains special rates, agricultural income, and most Chapter VI-A deductions are not modelled.
Janooji does not recommend a regime or an investment for reducing tax.
Worked examples
₹15 lakh annual salary, new regime, Tax year 2026–27 (FY 2026–27)
- Standard deduction applies for salary under the selected regime.
- This is an estimate, not a filed return. Janooji does not recommend a regime.
Estimated tax ₹97,500 · ₹8,125 / month
Useful for
- Estimate tax on salary income for a selected tax year
Questions
Which tax year does this use?
You choose the year. The default is tax year 2026–27 (FY 2026–27) under the Income-tax Act, 2025. FY 2025–26 / AY 2026–27 remains available so older calculations stay reproducible.
What is not modelled?
Capital-gains special rates, agricultural income, and most Chapter VI-A deductions. If a case is unsupported, the calculator says so instead of guessing.