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Income Tax Calculator

New vs Old regime — FY 2026-27 tax estimate

Annual Income: ₹1,200,000

Tax Regime

New regime saves ₹1,57,500

FY 2026-27 Tax Estimate

Gross Income₹12,00,000

Income Tax₹0

Effective Rate0.0%

After-Tax Income₹12,00,000

Excludes surcharge, cess, and state taxes. Old regime includes ₹50k standard deduction.