India Income Tax Calculator FY 2026-27

Income & Expenses

Gross Annual Revenue / Receipts (₹) Total earnings from all freelance/business clients in INR

Total Annual Business Expenses (₹) Covers: software, rent, hardware, internet, office supplies, etc.

Section 44ADA Presumptive Taxation

Declare exactly 50% of gross receipts as taxable profit (Gross must be ≤ ₹75 Lakhs).

Section 44ADA Active: Actual expenses are set aside. Exactly 50% of Gross Revenue is treated as your Net Taxable Business Income. Books of accounts & formal audits are generally not required.

Section 80C (max ₹1,50,000)

Section 80D (health insurance)

Other deductions (80E, 80G, etc.)

FY 2026-27 New Regime Slabs

Up to ₹4L	Nil
₹4L – ₹8L	5%
₹8L – ₹12L	10%
₹12L – ₹16L	15%
₹16L – ₹20L	20%
₹20L – ₹24L	25%
Above ₹24L	30%

Rebate of ₹60,000 for taxable income up to ₹12L (effectively nil tax), with marginal relief just above the threshold. Old regime: rebate up to ₹12,500 for income up to ₹5L.

Estimate only. Does not constitute tax advice. Surcharge, marginal relief, and Section 44ADA eligibility rules are simplified for illustration. Consult a CA for your actual filing.

Old Tax Regime

Allows traditional saving deductions

₹0

Includes cess & surcharge

Taxable Profit:₹0

Recommended

New Tax Regime

FY 2026-27 default. Slabs updated.

₹0

Includes cess & rebate

Taxable Profit:₹0

New Regime Tax vs Revenue

100%

TAKE-HOME

Net Take-Home
₹0

Tax & Surcharges
₹0

Regime Optimization Intelligence

Please input your Gross Receipts to activate our Regime Optimization Intelligence engine.

Regime	Slab	Rate	Tax

India Income Tax Calculator

FY 2026-27 New Regime Slabs

Old Tax Regime

New Tax Regime

New Regime Tax vs Revenue

Confused about Section 44ADA or filing GSTR-1 & 3B?