Advanced Income Tax Calculator
Tax Year 2026-27 (New Regime) • For Resident Individuals Only
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1. Regular Income
2. Capital Gains (Indian Equity)
3. US Stocks / Unlisted Equity
Income Summary
Tax Computation
This calculator provides an approximate breakdown of your tax liability under the New Tax Regime (currently Tax Year 2026-27) for Resident Individuals. While it calculates unexhausted exemptions and Section 87A logic, tax laws are highly dependent on complex personal conditions. This tool does not constitute professional financial or tax related advice. Always consult a certified Chartered Accountant or Tax Professional for detailed analysis before filing your returns.
How to Use This Calculator
Enter Your Base Income
Input your gross salary, business profits, or other income. Note: Do not manually subtract the ₹75,000 standard deduction from your salary; the engine detects salaried income and applies it automatically!
Add Capital Gains
If you trade stocks, enter your Short-Term (STCG) and Long-Term (LTCG) profits. The calculator automatically separates Indian listed equity rules (with the ₹1.25L exemption) from unlisted US Stock rules.
Review the Breakdown
As you type, the receipt on the right updates instantly. It cascades your income through the FY 2026-27 progressive tax slabs and calculates surcharges and mandatory health/education cess.
Watch for Relief
If your taxable income is ₹12 Lakhs or less, the Section 87A rebate will automatically wipe out your tax. If you cross it, the engine will dynamically apply Marginal Relief, if applicable.
Frequently Asked Questions
Is my financial data safe? Do you store my numbers?
Absolutely. Your data never leaves your device. This calculator is a purely client-side application. When you type in your income or stock profits, all the math happens locally right inside your web browser. We do not collect, save, or transmit any of your personal financial numbers to our servers.
Who is this calculator designed for?
This tool is built exclusively for Resident Individuals of India for the Financial Year 2026-27. Non-Resident Indians (NRIs) have different tax rules regarding basic exemptions and are legally not eligible for the Section 87A rebate, so this calculator should not be used for NRI tax planning.
Does this calculate taxes for the Old Tax Regime?
No. To keep this tool blazing fast and simple to use, it is strictly calibrated for the New Tax Regime, which is the default and most beneficial regime for the vast majority of taxpayers for FY 2026-27.
How are US Stocks and Unlisted Equity taxed here?
Unlike Indian listed shares, US stocks are classified by the
Indian government as Unlisted Equity.
• Short-Term (< 24 months): The profit is added
directly to your normal income and taxed at your standard slab
rates.
• Long-Term (> 24 months): The profit is taxed
at a flat 12.5%. Importantly, US stocks do not get the ₹1.25
Lakh exemption that Indian listed stocks receive.
Why did my tax suddenly jump when my income crossed ₹12 Lakhs?
This is due to the Section 87A rebate "cliff." Under the New Regime, if your taxable income is ₹12,00,000 or less, you get a rebate that wipes out your tax. But if you earn even one rupee over ₹12 Lakhs, that rebate drops to zero instantly. To soften this blow, our calculator automatically applies Marginal Relief to ensure your tax penalty is never higher than the extra income you earned over the threshold.