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Quick estimates for income tax and GST late fees — for exact figures on your specific filing, talk to us.

Sec 123 · cap ₹1,50,000
Sec 124 · cap ₹50,000

Separate from the 80C limit above.

Sec 126 · cap ₹25,000
Sec 126 · cap ₹25,000
Sec 24(b) · cap ₹2,00,000
Sec 80TTA · cap ₹10,000

HRA Exemption (computed automatically)

Exemption = least of HRA received, rent paid minus 10% of basic, or 50%/40% of basic. Computed: ₹0

Total Deductions (capped)₹1,75,000

New Regime

Lower Tax

₹0

Taxable Income
₹11,25,000
Tax before rebate
₹52,500
Rebate (Sec 87A)
-₹52,500
Health & Education Cess (4%)
₹0
Effective Rate
0.00%

Old Regime

₹1,11,800

Taxable Income
₹9,75,000
Tax before rebate
₹1,07,500
Rebate (Sec 87A)
-₹0
Health & Education Cess (4%)
₹4,300
Effective Rate
9.32%

This is an estimate for resident individuals below 60, based on FY 2026-27 limits. It covers the most common deductions but not every possible Chapter VI-A section, and does not apply surcharge marginal relief. Under the Income Tax Act 2025 (effective this year), these sections are formally renumbered — 80C is now Section 123, 80D is Section 126, 80CCD(1B) is Section 124 — limits are unchanged. For an exact computation and filing, talk to us .