FY 2026-27 slabs
Old vs New Tax Regime Calculator India
- FY 2026-27
- Estimates
Compare estimated tax under the new (default) and old regimes with the same salary, HRA, 80C, 80D, NPS extra and home-loan interest. The lower tax is highlighted — not a filing instruction.
New regime wins — estimated tax is ₹49,140 lower for FY 2026-27.
New regime
₹97,500
Taxable ₹14,25,000 after ₹75,000 standard deduction. HRA and 80C ignored.
Old regime
₹1,46,640
Taxable ₹10,95,000 after ₹50,000 SD, HRA exemption ₹1,80,000, and Chapter VI-A.
| Line | New | Old |
|---|---|---|
| Standard deduction | ₹75,000 | ₹50,000 |
| HRA exemption | ₹0 | ₹1,80,000 |
| Chapter VI-A | ₹0 | ₹1,75,000 |
| Taxable income | ₹14,25,000 | ₹10,95,000 |
| Tax + cess | ₹97,500 | ₹1,46,640 |
Assumptions
New regime slabs FY 2026-27: 0–4L nil, then 5/10/15/20/25/30% in ₹4 lakh steps to ₹24 lakh, 30% above. Standard deduction ₹75,000. 87A rebate up to ₹60,000 when taxable income ≤ ₹12 lakh, with marginal relief just above that.
Old regime (below 60): 0–2.5L nil, 5% to 5L, 20% to 10L, 30% above. Standard deduction ₹50,000. 87A up to ₹12,500 when taxable income ≤ ₹5 lakh.
HRA exemption is applied only on the old-regime side. 80C is capped at ₹1.5 lakh, 80CCD(1B) at ₹50,000, Section 24(b) at ₹2 lakh for a self-occupied house.
Cess 4%. Surcharge included above ₹50 lakh. No capital gains, no 80E, no 80G, no senior-citizen higher basic exemption on the old side.
Estimates only — not tax, legal, or financial advice. Common India private-salary rules for FY 2026-27; your Form 16 can differ.
FY 2026-27: what changed, what did not
Budget 2026 kept the personal income-tax slabs that Budget 2025 introduced. The Income-tax Act, 2025 applies from 1 April 2026 and talks about a “tax year” instead of the old previous-year / assessment-year pair, but the slab arithmetic on this page is the same one payroll teams used in FY 2025-26. If a later notification rewrites 87A or the standard deduction, treat these numbers as stale.
New regime remains default. Old regime remains optional for people who still have HRA, 80C, 80D and housing interest large enough to beat the flatter new slabs. Salaried employees without business income can generally choose each year when they file.
How to use the winner view
Enter cash salary (the amount before employee PF, not CTC). Fill HRA inputs the same way as the HRA exemption calculator. Put employee PF inside 80C. The cards show tax including cess. Pair with the in-hand calculator if you still need monthly take-home rather than tax alone.
Frequently asked questions
What are the new tax regime slabs for FY 2026-27?
Budget 2026 retained the previous slabs: nil up to ₹4 lakh, then 5%, 10%, 15%, 20%, 25% and 30% in ₹4 lakh steps up to ₹24 lakh, and 30% thereafter. Standard deduction for salaried employees is ₹75,000. Section 87A rebate can make taxable income up to ₹12 lakh effectively tax-free (about ₹12.75 lakh of salary after standard deduction).
What are the old tax regime slabs for FY 2026-27?
Nil up to ₹2.5 lakh, 5% to ₹5 lakh, 20% to ₹10 lakh, 30% above ₹10 lakh (below 60 years). Standard deduction is ₹50,000. 87A rebate of ₹12,500 can zero tax up to ₹5 lakh of taxable income. HRA, 80C, 80D and Section 24(b) are available here, not under the new regime.
Which tax regime is better for salaried employees in 2026?
If you have little rent or 80C investing, the new regime usually wins. If you pay substantial rent, max 80C, health insurance and home-loan interest, run the numbers — the old regime can still win. This page compares both with the same inputs.
Can I switch between old and new regime every year?
Salaried employees without business income can choose the regime each year when filing. People with business income face tighter option rules. Confirm the current return instructions for Tax Year 2026-27.