TUBA HRMS Tax Calculator
Income Tax Estimator · Old vs New Regime · FY 2026–27
Gross Annual Salary
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Auto-calculated from components
FY 2026–27 · AY 2027–28
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Employee Details
OPTIONAL💰
Income & HRA Details
FY 2026–27₹
Basic salary + Dearness Allowance (annual)₹
House Rent Allowance from employer (annual)₹
LTA, Special Allowance, Bonus, etc.₹
Allowances fully exempt under Sec 10💡 Gross Salary is automatically computed as the sum of the four components above and shown live in the header.
⚠ Please enter at least Basic + DA to proceed.
🏠 HRA exemption applies under Old Regime only [Sec 10(13A)]. Enter rent & city details for accurate computation.
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Total annual rent paid to landlord
Metro → 50% of Basic exempt | Non-Metro → 40%
HRA Exemption Formula [Sec 10(13A)]
Exempt = Minimum of:
① Actual HRA received from employer
② Rent paid − 10% of Basic+DA
③ 50% of Basic+DA (Metro) or 40% (Non-Metro)
① Actual HRA received from employer
② Rent paid − 10% of Basic+DA
③ 50% of Basic+DA (Metro) or 40% (Non-Metro)
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Special Exempt Allowances
OLD REGIME ONLY
Exemption available for max 2 children [Sec 10(14)]
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Exempt: ₹3,000/month per child · Max ₹72,000/yr (2 children)₹
Exempt: ₹9,000/month per child · Max ₹2,16,000/yr (2 children)Auto-computed Exemptions
Edu. Exempt: ₹ 0
Hostel Exempt: ₹ 0
Total: ₹ 0
Hostel Exempt: ₹ 0
Total: ₹ 0
📌 Children Education Allow. [Sec 10(14) – Revised FY 2026-27]: ₹3,000/month per child (max 2 → ₹72,000/yr) |
Hostel Expenditure Allow. [Sec 10(14) – Revised]: ₹9,000/month per child (max 2 → ₹2,16,000/yr) |
Exemption = Min(actual incurred, statutory cap). Available under Old Regime only.
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Deductions – Old Regime
SEC 80C / 80D / 24(b)₹
Statutory cap: ₹1,50,000₹
Self <60: ₹25,000 | Senior Citizen: ₹50,000₹
Statutory cap: ₹2,00,000₹
⚠ Sec 80C capped at ₹1,50,000 | Home Loan Interest capped at ₹2,00,000 for self-occupied property.
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Deductions – New Regime
LIMITED DEDUCTIONS₹
Only employer's NPS contribution — allowed under New Regime₹
ℹ Under New Regime, HRA, LTA, 80C, 80D exemptions are NOT available. Only Standard Deduction & Employer NPS contribution are allowed.
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Awaiting Calculation
Enter salary components on the left and press Calculate Tax to instantly compare Old vs New Regime with marginal relief for FY 2026–27.