Next dueIncome Tax
30 SEPTax Audit Report · Form 3CA/3CB · AY 2026-27in 5 days 7 OCTTDS / TCS deposit · Deducted in Sep 2026in 12 days 31 OCTITR filing · Audit cases · AY 2026-27in 36 days 15 DECAdvance Tax · 3rd (75%) instalment · FY 2026-27in 81 days 31 DECBelated / revised ITR · AY 2026-27in 97 days 11 OCTGSTR-1 · Outward supplies · Sep 2026in 16 days 15 OCTPF & ESI · Contributions · Sep 2026in 20 days 20 OCTGSTR-3B · Summary return · Sep 2026in 25 days
All due dates
FY 2026–27 · AY 2027–28 · Latest

Section 87A Rebate Calculator

Check instantly whether you qualify for the Section 87A rebate — new regime nil tax up to ₹12 lakh, old regime up to ₹5 lakh — with gross tax, rebate and tax after rebate.

Category
Income Tax & TDS
Takes about
1 min
Updated
Sep 2026
  • Free — no sign-up
  • Instant, on-screen results
  • Built by our CA · CS team
  • Rules cited on the page
Start calculating
Calculator

Enter your figures — the result on the right updates as you type.

Full breakdown below ↓
🧾 Choose your regime
Tax regime
New regime FY 2026-27: full 87A rebate makes tax nil up to ₹12,00,000 taxable income (with marginal relief just above ₹12 lakh).
💼 Taxable income
Total taxable income After all deductions & standard deduction
₹
Enter income after the standard deduction and (old regime) 80C/80D/HRA etc. The 87A rebate is applied to the tax on this figure. Special-rate income like LTCG u/s 112A is not eligible for the new-regime rebate.

How the rebate is worked out

New Regime
◆ Expert Review

Not sure if your rebate applies? Ask a CA

We confirm your 87A eligibility, pick the better regime and file your ITR accurately.

✓ We'll contact you shortly!

Disclaimer: Indicative estimate for resident individuals. Rebate u/s 87A is not available to NRIs, HUFs, firms or companies, and (new regime) not against tax on LTCG u/s 112A. Rates per Finance Act 2025; 4% cess applies on tax after rebate.

Section 87A rebate — FY 2026-27 at a glance

Section 87A gives a resident individual a rebate that reduces income tax to nil when taxable income is within the prescribed limit. Budget 2025 raised the new-regime limit sharply: a resident now pays zero tax up to ₹12 lakh of taxable income (₹12.75 lakh salary after the ₹75,000 standard deduction). The old regime is unchanged at ₹5 lakh.

₹12L
New-regime taxable income limit for full 87A rebate (FY 25-26)
₹60,000
Maximum 87A rebate in the new regime
₹5L
Old-regime taxable income limit for the rebate
₹12,500
Maximum 87A rebate in the old regime

Rebate limits — new vs old regime

The rebate equals the tax payable, capped at the ceiling below, but only when taxable income is at or under the eligibility limit. Cross the limit by even ₹1 and the rebate falls away — except in the new regime, where marginal relief caps the extra tax to the extra income just above ₹12 lakh.

New Regime — FY 2026-27
Eligibility limit (taxable income)₹12,00,000
Maximum rebate₹60,000
EffectTax nil ≤ ₹12L
Marginal reliefYes, above ₹12L
Old Regime
Eligibility limit (taxable income)₹5,00,000
Maximum rebate₹12,500
EffectTax nil ≤ ₹5L
Marginal reliefNo
Available only to resident individuals. Not for NRIs, HUFs or firms. A 4% health & education cess is charged on the tax remaining after the 87A rebate.

Worked examples

Tax is computed on your taxable income under the regime slabs, then the 87A rebate is applied if you are within the limit. Here is how it plays out at common income levels:

₹7,00,000 new regime
Gross tax (0-4L nil, 4-7L @5%)₹15,000
Less: 87A rebate₹15,000
Tax after rebate₹0
₹5,00,000 old regime
Gross tax (2.5-5L @5%)₹12,500
Less: 87A rebate₹12,500
Tax after rebate₹0
₹12,10,000 new regime
Gross tax (before relief)₹61,500
Less: marginal relief₹51,500
Tax after relief₹10,000
Above ₹12 lakh the new-regime rebate stops, but marginal relief ensures the tax never exceeds the income earned over ₹12 lakh. At ₹12,10,000 the ₹10,000 excess income caps the tax at ₹10,000 instead of ₹61,500 (before cess).

Key terms explained

Section 87A rebate

A rebate deducted from the income tax itself — not from income. It makes tax nil when taxable income is within the limit (₹12L new / ₹5L old), capped at ₹60,000 / ₹12,500 respectively.

Resident individuals only

Only a resident individual can claim 87A. NRIs, HUFs, partnership firms and companies are not eligible, whatever their income level.

Marginal relief (new regime)

Just above ₹12 lakh, tax could jump to ₹60,000+. Marginal relief limits the tax to the amount of income exceeding ₹12 lakh, so a small excess never triggers a disproportionate tax.

LTCG u/s 112A excluded

The enhanced new-regime rebate does not apply against tax on long-term capital gains taxed u/s 112A (listed equity/equity funds). Tax on such special-rate income is payable even if total income is under ₹12 lakh.

Questions people ask

Short answers on Section 87A Rebate Calculator. Tap a question to open it.

01What is the section 87A rebate?

A rebate against tax payable for a resident individual whose total income is within the prescribed threshold. Under the new regime the rebate is up to ₹60,000 for total income up to ₹12,00,000; under the old regime it is up to ₹12,500 for total income up to ₹5,00,000.

02Does the rebate mean I do not have to file a return?

No. If your gross total income before deductions exceeds the basic exemption limit, a return is still required even though the tax works out to nil after the rebate.

03What is marginal relief on the rebate?

Where income marginally exceeds the rebate threshold under the new regime, relief ensures the tax payable does not exceed the amount by which income exceeds that threshold — so crossing ₹12,00,000 by a small amount does not create a large tax jump.

04Is the rebate available against capital gains?

The rebate is not available against long-term capital gains taxed under section 112A. It applies to the rest of the tax, which is why a taxpayer with equity gains may still pay tax despite income under the threshold.

05Can an NRI claim the rebate?

No. Section 87A is available only to a resident individual, so a non-resident pays tax from the first rupee above the basic exemption limit with no rebate at any income level.

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.