Use this free advanced income tax calculator to compute your liability across all five heads of income — salary, house property, business or profession, capital gains and other sources — and compare the Old and New regimes for FY 2025-26 (AY 2026-27). It applies the post-23-July-2024 capital-gains rates (STCG 111A at 20%, LTCG 112A/112 at 12.5%), the resident basic-exemption set-off against capital gains, surcharge with marginal relief and the Section 87A rebate, then gives a full, printable computation statement.
Advanced Income Tax Calculator All 5 Heads · FY 2025-26 (AY 2026-27)
Salary, house property, business, capital gains and other sources — Old vs New Regime, with 111A/112A/112 special rates, surcharge relief and the resident basic-exemption adjustment most calculators miss.
Only salary income? → Simpler salaried calculatorSection 10 exemptions (gratuity, leave encashment, LTA, allowances)
House property — let-out income / loss
More deductions (employer NPS, 80E / 80G / 80GG, disability)
Full computation (Old vs New)
Get the regime comparison in Excel
Side-by-side Old vs New tax computation with all five income heads, deductions, surcharge and cess. CA-prepared.
Frequently Asked Questions
What are the five heads of income?
Income is classified into five heads: salary, house property, profits and gains of business or profession, capital gains, and income from other sources. This calculator lets you enter income under each head and computes your total tax.
Which tax regime is better for FY 2026-27, old or new?
It depends on your deductions. The new regime has lower slab rates and a rebate that makes income up to Rs 12 lakh tax-free (Rs 12.75 lakh for salaried after the standard deduction) but disallows most deductions. The old regime usually wins only when your deductions (80C, home-loan interest, HRA and so on) are large. This tool computes both and shows which saves more.
What is the standard deduction for FY 2026-27?
Rs 75,000 under the new regime and Rs 50,000 under the old regime, allowed against salary income.
What are the new-regime slab rates for FY 2026-27?
Nil up to Rs 4 lakh; 5% on Rs 4-8 lakh; 10% on Rs 8-12 lakh; 15% on Rs 12-16 lakh; 20% on Rs 16-20 lakh; 25% on Rs 20-24 lakh; and 30% above Rs 24 lakh. A rebate keeps tax nil up to Rs 12 lakh of taxable income.
Does it include surcharge and cess?
Yes. It applies surcharge with marginal relief for incomes above Rs 50 lakh and a 4% health and education cess on tax plus surcharge.
Which financial years are supported?
FY 2024-25 (AY 2025-26), FY 2025-26 (AY 2026-27) and FY 2026-27 (AY 2027-28), selectable from the tabs above.