Income Tax Calculator FY 2026-27 (India)

Income Tax Calculator FY 2026-27 (India)

STEP-BY-STEP CALCULATOR
Income Tax Calculator FY 2026-27 (India)
Compare your tax liability under both the Old and New Tax Regimes — instantly — so you keep more of what you earn.

⏱ 2 min setup  ·  👥 All salaried employees  ·  📊 Excel · 32.5 KB

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Old Tax Regime
Enter deductions under 80C, 80D, HRA, home loan & other sections for accurate computation.
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New Tax Regime
Auto-applies the ₹75,000 standard deduction and latest slab rates from Union Budget 2025.
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Side-by-side Comparison
See instantly which regime gives you the lower tax outgo and take home more salary.
EXCEL · STEP BY STEP
Download the Calculator
Complete FY 2026-27 Income Tax Calculator
Workwisely_India_Tax_Calculator_FY2026-27.xlsx
Pre-filled tax slabs · Auto-computed surcharge & cess · Side-by-side regime comparison · Rebate under 87A
📎 Find the file as a downloadable attachment at the bottom of this article.

How to use

  1. Scroll to the bottom of this page and download Workwisely_India_Tax_Calculator_FY2026-27.xlsx
  2. Open the file in Microsoft Excel or Google Sheets
  3. Enter your income details in the yellow input cells
  4. The calculator automatically computes your tax under both regimes with surcharge & cess
  5. Compare the two totals — the highlighted cell shows the lower-tax regime to choose
💡 Tip: The file opens in a new tab. After downloading, enable macros if prompted — the file uses no macros, so you can safely dismiss that alert in Google Sheets.

Disclaimer — This calculator helps you estimate your income tax liability for FY 2026-27. It is not tax advice. For personalised tax guidance, please consult a qualified chartered accountant or financial advisor.