Income Tax Calculator 2026-27
This version compares the two regimes while separating normal-rate income from special-rate capital gains. It also shows deductions, surcharge, cess, tax credits and a detailed audit trail.
Included sections
- Salary, DA, HRA and rent with HRA location
- House property, rent, municipal tax and home-loan interest
- Business/professional and other-source income
- STCG 111A, other STCG, LTCG 112A and other LTCG
- 80C, 80CCD(1), 80CCD(1B), 80D, 80E, 80G, 80DD/80U and other old-regime deductions
- Employer NPS u/s 80CCD(2)
- 87A, surcharge, cess, TDS and advance-tax credits
- Eight graphical reports, CSV, share URL and print/PDF
Important
Tax rules and forms can change. Verify unusual cases, capital-gain classifications, losses, reliefs and high-income surcharge calculations against the latest Income Tax Department material before filing.
Is HRA available in the new regime?▼
No. The Income Tax Department states that the section 10(13A) HRA exemption is not available under the new regime.
Can self-occupied home-loan interest be claimed in the new regime?▼
This calculator does not claim it under the new regime. The department's current guidance identifies let-out property interest as the available new-regime house-property deduction.
Does the calculator support TDS?▼
Yes. TDS/TCS and advance/self-assessment tax are deducted from the computed tax to show an estimated balance payable or refund.
Is 'Other STCG' taxed at a flat rate like equity STCG?▼
No. Only STCG under Section 111A (on equity shares and equity mutual funds sold on a recognized exchange with STT paid) is taxed at a flat 20% rate. All other short-term capital gains, such as on debt funds, property, or gold held short-term, are added to your normal income and taxed at your regular slab rate, exactly as this calculator's field label describes.