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ITR refund calculator — AY 2026-27

Filing your return for FY 2025-26? Enter the numbers from your Form 16 and see your estimated refund — and whether switching regime at filing gets you more money back, no matter which regime your employer used for TDS.

From your Form 16
Income
₹
The "Gross Salary" figure in Form 16 Part B — before standard deduction. Not your CTC.
₹
Check your AIS on the income tax portal — interest income is pre-filled there
Tax already paid
₹
Total tax your employer (and bank) deposited against your PAN
₹
Leave 0 if you only had TDS through salary
Old regime deductions

Fill these to check if the old regime gets you a bigger refund. Leave blank if not applicable.

₹
Include your EPF employee share · capped at ₹1,50,000
₹
₹
Use the HRA calculator to find your exemption
₹
Capped at ₹2,00,000 for self-occupied property
₹
NPS capped at ₹50,000; add 80E / 80G / 80TTA here too

🔒 All calculations happen in your browser — we never see or store your salary details.

Your refund estimate — AY 2026-27
Estimated refund
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New regime

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Old regime

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Breakdown New Old
Total income — —
Taxable income — —
Tax liability (incl. cess) — —
Tax already paid — —
Refund (+) / payable (−) — —

Estimate only — assumes standard deduction applies (₹75,000 new / ₹50,000 old) and no surcharge (income below ₹50L). Refunds are typically credited with interest u/s 244A after processing.

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Grab your Form 16 and check in 30 seconds
Enter your gross salary and TDS, hit Check my refund, and see whether the tax department owes you money — under both regimes.

Frequently asked questions

When is the last date to file ITR for AY 2026-27?
For salaried taxpayers (ITR-1 / ITR-2, no audit), the due date is 31 July 2026. Miss it and you can still file a belated return until 31 December 2026 — but with a late fee up to ₹5,000 (₹1,000 if total income is below ₹5L) plus interest on any unpaid tax. Filing late also means you cannot choose the old regime for that year.
Can I switch tax regime while filing my ITR?
Yes — this is the single biggest refund opportunity most people miss. Salaried taxpayers without business income choose their regime fresh each year at filing time, regardless of what their employer used for TDS. If your employer deducted under the new regime but your 80C + HRA + home loan deductions make the old regime cheaper (or vice versa), file under the better regime and the excess TDS comes back as a refund. Note: the old regime option requires filing by the due date, not a belated return.
How is my refund calculated?
Refund = tax you already paid (TDS + advance tax + self-assessment tax) − your actual tax liability for the year. If you paid more than you owe, the difference is credited to your pre-validated bank account after the ITR is processed, usually with 0.5%/month interest under Section 244A. If you paid less, you owe self-assessment tax before filing.
Where do I find my TDS amount?
Three places: Form 16 Part A (from your employer, shows salary TDS), Form 26AS (income tax portal, shows all TDS against your PAN including bank FD interest), and the AIS (Annual Information Statement, most detailed). For this calculator, use the Form 26AS total for accuracy.
Why did my employer deduct more TDS than my actual tax?
Common reasons: you didn't submit investment proofs on time so the employer ignored your deductions; you switched jobs and both employers applied the standard deduction and slab benefits; or you declared the wrong regime. In all these cases the excess comes back as a refund when you file — which is exactly what this calculator estimates.
How long does the refund take?
After e-verification, most refunds for simple salaried returns are processed within 2–5 weeks, credited directly to your pre-validated bank account. Track the status on the income tax e-filing portal under "View Filed Returns". Filing early in July typically means faster processing than filing on the deadline.

Disclaimer: This calculator provides a simplified estimate for general informational purposes only and does not constitute tax advice. It assumes salaried income with standard deduction, no surcharge (total income below ₹50 lakh), and does not model capital gains, business income, agricultural income, or every deduction. Your actual refund is determined by the Income Tax Department after processing your return. Please verify figures against Form 26AS/AIS and consult a chartered accountant for complex situations.