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India income tax calculator 2026-27
India taxes personal income progressively. For India FY2026-27, the first 400,000 INR of annual income is taxed at 0%, and the top rate is 30%. Only the slice of income inside each band is taxed at that band's rate — a raise never leaves you worse off.
India income tax slabs for 2026-27
| Annual income | Rate |
|---|---|
| 0 – 400,000 INR | 0% |
| 400,000 – 800,000 INR | 5% |
| 800,000 – 1,200,000 INR | 10% |
| 1,200,000 – 1,600,000 INR | 15% |
| 1,600,000 – 2,000,000 INR | 20% |
| 2,000,000 – 2,400,000 INR | 25% |
| Above 2,400,000 INR | 30% |
What that works out to
Computed by the same function that powers the calculator, so this table cannot drift out of step with it.
| Annual income | Annual tax | Per month | Effective rate |
|---|---|---|---|
| 600,000 INR | 0 INR | 0 INR | 0% |
| 1,200,000 INR | 0 INR | 0 INR | 0% |
| 2,400,000 INR | 281,250 INR | 23,437.5 INR | 11.72% |
| 5,000,000 INR | 1,057,500 INR | 88,125 INR | 21.15% |
Work out your own figure
The full calculator covers India and eight other jurisdictions, with a per-bracket breakdown.
Common questions
How much is income tax in India for 2026-27?
It is progressive. The first 400,000 INR of annual income is taxed at 0%, then each band above it is taxed at its own rate, up to 30% on income above 2,400,000 INR.
What is the tax-free income limit in India?
400,000 INR a year for India FY2026-27. Income below that attracts no income tax.
If I move into a higher bracket, is my whole salary taxed at the higher rate?
No. Only the portion of income inside that band is taxed at that band's rate. Earning one unit more never reduces take-home pay.
How much tax on 2,400,000 INR in India?
281,250 INR a year on the brackets alone, before any deduction, rebate or surcharge this page does not model.
Where do these figures come from?
India's own published rules, cited on this page and last checked 2026-08-27. No figure here is generated by a language model — the brackets are stored data and the arithmetic is deterministic.
What this does not include
- 4% Health & Education Cess on top of computed tax (not added)
- Surcharge above Rs 50,00,000 taxable income (not added)
- Old (optional) tax regime -- only the default new regime is modeled
India in numbers
| Population | 1,463,865,525 (2025) |
| GDP per capita | US$2,702 (2025) |
| Income group | Lower middle income |
| Capital | New Delhi |
| Currency | INR |
| Tax authority | Income Tax Department, Government of India |
Population and GDP per capita from World Bank Open Data (SP.POP.TOTL, NY.GDP.PCAP.CD), retrieved 2026-08-29.
Sources
- https://www.incometax.gov.in/iec/foportal/help/individual/return-applicable-1
- https://www.pib.gov.in/PressReleasePage.aspx?PRID=2098406®=48&lang=2
Last checked 2026-08-27. This is an estimate, not tax advice. Confirm against the official source before filing or making a decision that depends on the number.
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