Form 16 Tax Calculator
Recompute your tax straight from your Form 16 and verify the TDS your employer deducted — see instantly whether you get a refund or owe more.
- Free — no sign-up
- Instant, on-screen results
- Built by our CA · CS team
- Rules cited on the page
Enter your figures — the result on the right updates as you type.
Form 16 — tax computation
Old RegimeGet your Form 16 checked + ITR filed by a CA
We verify your employer's TDS, claim every deduction you missed and file your return accurately.
Disclaimer: Indicative estimate for individual residents below 60. Actual tax may vary with surcharge on high income, capital gains and special-rate income. Rates per Finance Act 2025.
Why recompute tax from your Form 16
Form 16 is the TDS certificate your employer issues each year. Part A shows the tax deducted and deposited; Part B shows how your taxable salary and tax were calculated. Recomputing it yourself confirms the employer's maths, tells you whether you'll get a refund or owe a balance, and gives you the exact figures to file your ITR.
Income tax slabs — FY 2026-27
Your Form 16 uses the regime you chose with your employer. The old regime has higher rates but lets you claim exempt allowances and Chapter VI-A deductions; the new regime has lower rates but almost no deductions.
| Up to ₹2,50,000 | Nil |
| ₹2,50,001 – ₹5,00,000 | 5% |
| ₹5,00,001 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Worked example — old regime
A salaried person on the old regime with a gross salary of ₹12,00,000, ₹1,50,000 of exempt allowances (HRA/LTA), the ₹50,000 standard deduction and ₹1,50,000 of 80C. Here is how their Form 16 tax is verified against the TDS deducted:
Key terms explained
Exempt allowances
Parts of salary that are tax-free under Section 10 — mainly HRA and LTA. They are subtracted from gross salary before tax and are largely available only in the old regime.
Standard deduction
A flat deduction from salary — ₹50,000 in the old regime and ₹75,000 in the new regime for FY 2026-27. No proof needed; it applies automatically.
Chapter VI-A
Deductions like 80C (PPF, ELSS, LIC), 80D (health insurance) and 80CCD (NPS). Allowed in the old regime only; the new regime ignores them.
Balance payable vs refund
Compare total tax with TDS. If tax > TDS you pay the balance when filing; if TDS > tax you get a refund. This is the whole point of verifying Form 16.
Questions people ask
Short answers on Form 16 Tax Calculator. Tap a question to open it.
01What is Form 16?
The TDS certificate an employer issues to a salaried employee. Part A shows the tax deducted and deposited quarter by quarter; Part B shows the salary breakup, exemptions, deductions and the tax computed. It is issued by 15 June following the financial year.
02How do I check my Form 16 is correct?
Match Part A against Form 26AS and the AIS — the TDS figures must agree. Then re-compute the tax in Part B from the salary and deductions shown. This tool does the second step under both regimes so you can see whether tax is over or under deducted.
03What if I have two Form 16s from two employers?
Combine both salaries and claim the standard deduction and Chapter VI-A limits only once. Each employer will have given the exemption limit separately, which usually leaves tax payable at the time of filing.
04Can I file my return without Form 16?
Yes. Form 16 is convenient but not compulsory. You can file from your salary slips, bank statements and 26AS/AIS, and claim the TDS credit visible in 26AS.
05My Form 16 tax does not match my computation — what now?
Usually a deduction was declared but not proved, or an exemption was allowed that you no longer qualify for. Recompute correctly and file on the right figures — the return governs, and any excess deducted comes back as a refund.
More Income Tax & TDS tools
Picked from the same shelf. Every tool is free and runs in your browser.
Disclaimer: This tool gives indicative results for general guidance only and is not professional advice. Please verify with a qualified CA before acting on the numbers.