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Section 87A Rebate Calculator

↻ Updated FY 2026-27

See whether you qualify for the Section 87A rebate for FY 2026-27 — up to ₹60,000 for income up to ₹12L under the new regime, or ₹12,500 for income up to ₹5L under the old regime — and your resulting tax. Everything runs in your browser.

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Your inputs
Taxable income
Total income after all deductions
Tax regime
Rebate applied
₹50,000
under Section 87A
Tax after rebate
₹0
fully rebated
Base tax (before rebate)
₹50,000
on the slabs
Section 87A eligibility
Your taxable income of ₹11,00,000 is within the ₹12,00,000 limit for the new regime, so you get a rebate of up to ₹60,000 — reducing your tax to ₹0.
Tax breakdown
Taxable income₹11,00,000
Base tax (slabs)₹50,000
87A rebate limit (₹12,00,000 income)up to ₹60,000
Rebate applied− ₹50,000
Surcharge+ ₹0
Health & education cess (4%)+ ₹0
Tax payable after rebate₹0
ASSUMPTIONS — FY 2026-27 (AY 2027-28). The Section 87A rebate makes tax nil for resident individuals with taxable income up to ₹12,00,000 under the new regime (rebate up to ₹60,000) or ₹5,00,000 under the old regime (rebate up to ₹12,500). The rebate does not apply to income taxed at special rates (e.g. capital gains). Estimate only — consult a CA.

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Rates, brackets and limits here are checked against primary sources. If a number still looks off, email support@realmoneyiq.com and we'll review and fix it.

RealMoneyIQ provides free educational calculators, not financial, tax, investment or legal advice. Results are estimates based on the assumptions you enter and publicly published rates; your actual outcome will differ. Always confirm decisions with a licensed professional who knows your full situation.