MMG CONSULTING
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Income Tax Calculator
FY 2026–27 · AY 2027–28
Who is this for?
Select the type of taxpayer / entity.
Individual
Salaried / Non-Salaried
Senior / Super Senior
Senior / Super Senior
Company
Domestic / Foreign
115BAA · 115BAB · 115BA
115BAA · 115BAB · 115BA
LLP / Partnership
30% flat rate
+ 4% cess
+ 4% cess
Trust / AOP / BOI
Slab rates or
Maximum Marginal Rate
Maximum Marginal Rate
Compare All Entity Types
Enter income once — we'll calculate tax across all structures.
💰 Annual Income / Profit
Gross Income / Net Profit (₹)
₹
Individual Deductions (Old Regime) 80C+80D+HRA etc.
₹
Taxpayer Category
Select the applicable category.
💰 Gross Total Income
Gross Annual Income
₹
Company Tax Rate
Select the applicable section / rate. Hover each card for conditions.
22%
Sec 115BAA
Existing companies — no deductions/exemptions. Surcharge capped at 10%.
15%
Sec 115BAB
New manufacturing cos. set up after Oct 2019. Surcharge 10%.
25%
Sec 115BA
Domestic cos. incorporated after Mar 2016 in manufacturing. No specified deductions.
30%
Normal Rate
All other domestic companies. Turnover ≤ ₹400 Cr: 25%.
25% Turnover ≤ ₹400 Cr
Normal Rate (Small Co.)
Domestic companies with total turnover / gross receipts ≤ ₹400 Crore in previous year.
💰 Total Income (before tax)
Company's Total Income (₹)
₹
LLP / Partnership Firm
Tax Rate: 30% flat on total income
Surcharge: 12% if income > ₹1 Crore
Cess: 4% on tax + surcharge
AMT: 18.5% of Adjusted Total Income (if applicable)
Surcharge: 12% if income > ₹1 Crore
Cess: 4% on tax + surcharge
AMT: 18.5% of Adjusted Total Income (if applicable)
💰 Total Income
LLP / Firm Total Income (₹)
₹
Trust / AOP / BOI
Entity Sub-Type
Registered Trust (Sec 11–13): Income applied for charitable purposes is exempt. Accumulation u/s 11(2) up to 15% allowed. Tax on non-exempt income at applicable slab rates.
💰 Total Taxable Income
Total Income / Non-Exempt Income (₹)
₹
Select Tax Regime
Pick one, or compare both side-by-side.
Deductions (Old Regime)
Enter exact ₹ amounts. Leave 0 if not applicable.
Section 80C Max ₹1,50,000
₹
Section 80D Max ₹25,000 (₹50,000 for senior citizens)
₹
HRA Exemption
₹
Other Deductions 80E, 80G, 80TTA, NPS…
₹
Taxes Already Paid
Enter exact ₹ amounts. Enter 0 if not paid.
📥 Tax Credits
TDS Deducted As per Form 26AS / AIS
₹
Advance Tax Paid All 4 instalments combined
₹
Self Assessment Tax Paid Challan 280
₹
📅 Filing Date (for 234A)
Expected ITR / Return Filing
Total Tax Payable
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Entity Tax Comparison
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Need Expert Structuring Advice?
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