Income Tax Calculator 2026-27

Calculate income tax online free for FY 2026-27 with latest tax slabs. Instant accurate calculations for India (New & Old Regime), USA, UK, Canada, Australia. Get detailed tax breakdowns with deductions, exemptions, and effective rates.

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Your Tax Calculation Results
Gross Income
0
Total Tax
0
Effective Tax Rate
0%
Net Income
0
Tax Breakdown

Why Use Our Tax Calculator?

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Latest 2026-27 Tax Slabs

Updated with FY 2026-27 tax brackets, rates, and deductions from Income Tax Department, IRS, HMRC, CRA, and ATO.

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Instant Results

Calculate your income tax in seconds with real-time computation and detailed breakdown of all components.

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India New & Old Regime

Compare New Tax Regime (FY 2026-27) vs Old Regime with accurate rebates, standard deductions, and cess calculations.

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Multi-Country Support

Accurate calculations for India, USA, UK, Canada, and Australia with proper currency and country-specific rules.

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100% Free Forever

No hidden fees, no registration, no credit card required. Unlimited tax calculations completely free.

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Privacy First

All calculations done locally in your browser. We never store, collect, or share your financial data.

Frequently Asked Questions

To calculate income tax for FY 2026-27, enter your annual income, select India as country, choose New or Old Tax Regime, and add any deductions. Our calculator applies the latest tax slabs: New Regime has 0-3L (0%), 3-7L (5%), 7-10L (10%), 10-12L (15%), 12-15L (20%), 15L+ (30%). Old Regime: 0-2.5L (0%), 2.5-5L (5%), 5-10L (20%), 10L+ (30%). Includes 4% Health & Education Cess and rebate u/s 87A.
New Tax Regime (FY 2026-27) offers lower tax rates but limited deductions. It has 50,000 standard deduction and rebate up to 7 lakhs (no tax). Tax slabs: 0%, 5%, 10%, 15%, 20%, 30%. Old Tax Regime has higher rates (0%, 5%, 20%, 30%) but allows deductions like Section 80C (1.5L), HRA, LTA, Home Loan Interest, etc. Choose based on your total deductions.
Yes! Our calculator uses official FY 2026-27 tax rates and slabs from the Income Tax Department of India, IRS (USA), HMRC (UK), CRA (Canada), and ATO (Australia). Results are 95-98% accurate for standard tax situations.

Complete Guide to Income Tax Calculation 2026-27

Understanding income tax is essential for financial planning. Our free online income tax calculator helps you estimate taxes accurately using the latest FY 2026-27 tax slabs for India, USA, UK, Canada, and Australia.

India Income Tax System FY 2026-27

India offers two tax regimes for FY 2026-27. The New Tax Regime is the default with lower rates and the Old Tax Regime allows more deductions.