Income Tax Calculator

Calculate your taxes precisely for the latest budget with our professional tool.

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Basic Details
2
Income Details
3
Deductions
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Summary

FinPulse

Expert Financial Solutions

Income Tax Report

FY 2026-27 (AY 2027-28)

Step 1: Financial Year & Age

Step 2: Income Details

Step 3: Deductions & Exemptions

Recommended: New Regime

You save ₹2,21,000 over the Old Regime.

Component Old Regime New Regime
Gross Total Income ₹20,00,000 ₹20,00,000
Exempt Allowances ₹0 ₹0
Standard Deductions ₹50,000 ₹75,000
Chapter VI A Deductions ₹0 ₹0
Taxable Income ₹19,50,000 ₹19,25,000
Income Tax ₹3,97,500 ₹1,85,000
Health & Education Cess (4%) ₹15,900 ₹7,400
Total Tax Liability ₹4,13,400 ₹1,92,400