Scope: This version models a resident individual using ordinary slab-rate income for Tax Year 2026-27. Capital gains, lottery/special-rate income, surcharge above ₹50 lakh taxable income, business presumptive-tax nuances and other special provisions require separate treatment.
1. Enter your assumptions
Use annual figures. For employer NPS, enter only the amount you are actually eligible to claim under the applicable rules and payroll records.
Enter gross salary/pension income relevant to this model.
For example, ordinary interest income. Do not put capital gains here.
Optional. Enter the eligible deduction amount, not an unverified gross contribution.
The 87A resident rebate condition is modelled here.
Enter tax already credited/withheld for this tax year.
Current-rule basis: Tax Year 2026-27 is under the Income Tax Act, 2025. The 2026 Finance Bill stated that applicable income-tax rates for FY 2026-27 were not being changed. The 2025 Budget introduced the ₹4–8 lakh, ₹8–12 lakh, ₹12–16 lakh, ₹16–20 lakh, ₹20–24 lakh and above-₹24 lakh slab structure and the enhanced 87A relief framework.
2. Read the result
The engine keeps deductions, rebate, cess and payments separate so you can see what drives the final number.
Gross model income₹0
Standard deduction₹0
Taxable income₹0
Slab tax before rebate₹0
87A rebate₹0
Marginal relief₹0
4% cess₹0
Estimated total tax₹0
TDS + advance tax₹0
Estimated balance tax₹0
Estimated excess paid₹0
Next advance-tax dateNot triggered
3. What is driving the result?
| Stage | What the engine does |
|---|---|
| Gross income | Salary/pension + other ordinary-rate income entered. |
| Standard deduction | Up to ₹75,000 against salary/pension income in this model. |
| Eligible employer NPS | Deducted only when the user enters the eligible amount. |
| Taxable income | Gross income less modelled deductions, floored at zero. |
| Slab tax | Uses the Tax Year 2026-27 ordinary-income slab structure. |
| Rebate / marginal relief | Models resident 87A relief up to ₹12 lakh taxable income and marginal relief for income marginally above the threshold. |
| Cess | 4% of tax after rebate/marginal relief in this model. |
| Payments | TDS and advance tax already entered are compared with estimated total tax. |
Important: This is a planning model, not an ITR filing engine. The Income Tax Department notes that Tax Year 2026-27 uses the Income Tax Act, 2025, while earlier years remain governed by the transition rules. Special-rate income, surcharge, business/profession complexities and individual facts can materially change the calculation.