Section 87A Rebate Calculator — Old & New Regime 2026
Updated: 8 May 2026

Section 87A Rebate Calculator — Old (₹12,500) & New (₹60,000) Regime for FY 2025-26

TL;DR

Calculate your Section 87A tax rebate instantly under both regimes for FY 2025-26 (AY 2026-27). The old regime caps the rebate at ₹12,500 for income up to ₹5 lakh. Budget 2025 raised the new regime rebate to ₹60,000 for income up to ₹12 lakh, with marginal relief extending the benefit up to roughly ₹12.70 lakh of taxable income. The tool computes slab tax, applies the rebate, calculates marginal relief where applicable, and shows the final tax payable inclusive of the 4% health and education cess.

Calculate Your Section 87A Rebate

Enter your total taxable income (after deductions) and choose your tax regime. The tool applies the correct rebate, marginal relief if applicable, and shows the final tax payable.

Section 87A rebate amounts and slab rates are identical in both years (Budget 2026 made no changes). Toggle is for context — math output is the same.
Tax Before Rebate
Section 87A Rebate
Tax After Rebate
Health & Education Cess (4%)
Total Tax Payable

Slab-wise Tax Computation

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How Section 87A Rebate Works in Plain English

Section 87A is a direct tax credit, not a deduction. It does not reduce your taxable income — it reduces the tax you owe after slab rates have been applied. The mechanism is straightforward in three steps:

  1. Compute slab tax. Apply the slab rates of your chosen regime to your total taxable income.
  2. Apply the 87A rebate cap. The rebate is the lower of (a) the actual slab tax computed and (b) the regime ceiling — ₹12,500 under the old regime if income ≤ ₹5,00,000, or ₹60,000 under the new regime if income ≤ ₹12,00,000.
  3. Add cess. Health and education cess of 4 percent applies on the residual tax after rebate. If rebate fully extinguishes the tax, cess is also nil.
Old Regime (Income ≤ ₹5,00,000): Rebate = min(Slab Tax, ₹12,500)
New Regime (Income ≤ ₹12,00,000): Rebate = min(Slab Tax, ₹60,000)
Final Tax = (Slab Tax − Rebate) + 4% Cess

Slab Rates Applied by This Calculator

Both regimes use the official slab structure for FY 2025-26 (AY 2026-27) as notified by the Central Board of Direct Taxes (CBDT). The new regime is the default; you must explicitly opt for the old regime in your ITR if you want to claim deductions like 80C and HRA.

CA Tip: Section 87A applies to tax computed at slab rates only. Capital gains taxed at special rates (Section 111A for STCG at 20%, Section 112A for LTCG at 12.5% above ₹1.25 lakh from 23 July 2024) and lottery income (Section 115BB at 30%) are excluded from the rebate. If you have such income, this calculator's rebate amount applies only to the portion of tax computed at slab rates.

Section 87A Under Old vs New Regime — Side by Side

The two regimes have very different rebate economics. The old regime offers a modest rebate that disappears beyond ₹5 lakh; the new regime offers a substantial rebate that, combined with marginal relief and standard deduction, makes salaried income up to ₹13.45 lakh effectively tax-free.

ParameterOld RegimeNew Regime
Income ceiling for rebate₹5,00,000₹12,00,000
Maximum rebate₹12,500₹60,000
Marginal relief above ceilingNot availableAvailable up to ~₹12,70,588
Standard deduction (salaried)₹50,000₹75,000
Effective tax-free salary (gross)₹5,50,000₹13,45,588 (approx.)
Deductions allowed (80C, 80D, etc.)YesMostly no (limited to 80CCD(2), 80JJAA)
Default for FY 2025-26Optional, must opt inDefault regime

FY 2025-26 New Regime Slabs (Budget 2025)

Income SlabTax Rate
Up to ₹4,00,000Nil
₹4,00,001 – ₹8,00,0005%
₹8,00,001 – ₹12,00,00010%
₹12,00,001 – ₹16,00,00015%
₹16,00,001 – ₹20,00,00020%
₹20,00,001 – ₹24,00,00025%
Above ₹24,00,00030%

FY 2025-26 Old Regime Slabs (Individual Below 60)

Income SlabTax Rate
Up to ₹2,50,000Nil
₹2,50,001 – ₹5,00,0005%
₹5,00,001 – ₹10,00,00020%
Above ₹10,00,00030%

Senior citizens (60-80) and super seniors (above 80) in the old regime have higher basic exemption limits of ₹3,00,000 and ₹5,00,000 respectively. The new regime offers no age-based concessions.

Marginal Relief — The Cliff That Was Made a Slope

Without marginal relief, earning even ₹1 above the ₹12 lakh threshold in the new regime would knock out the entire ₹60,000 rebate, creating an absurd cliff where a ₹1 raise costs you ₹60,000 in tax. Section 87A as amended by Budget 2025 explicitly preserves marginal relief to soften this transition.

The Mechanic

If your taxable income is X (where X > ₹12,00,000) and the slab tax computed on X is T, marginal relief caps your tax at the smaller of T and (X − ₹12,00,000). In effect, the additional tax payable can never exceed the additional income earned above the threshold.

Excess Income (E) = Taxable Income − ₹12,00,000
Slab Tax (T) = computed on full taxable income
Tax Payable = min(T, E)
Marginal Relief = T − min(T, E)

Worked Examples — New Regime FY 2025-26

Taxable IncomeSlab TaxExcess over ₹12LTax After ReliefCess @ 4%Total Payable
₹12,00,000₹60,000₹0 (full rebate)₹0₹0
₹12,10,000₹61,500₹10,000₹10,000 (capped at excess)₹400₹10,400
₹12,50,000₹67,500₹50,000₹50,000 (capped at excess)₹2,000₹52,000
₹12,70,000₹70,500₹70,000₹70,000 (capped at excess)₹2,800₹72,800
₹12,71,000₹70,650₹71,000₹70,650 (slab tax lower)₹2,826₹73,476
₹13,00,000₹75,000₹75,000 (no relief)₹3,000₹78,000

The mathematical break-even is at ₹12,70,588 — beyond this, the slab tax is naturally lower than the excess over ₹12 lakh, so marginal relief becomes redundant. Salaried individuals with the ₹75,000 standard deduction effectively benefit up to gross salary of ₹13,45,588.

Note: Marginal relief applies only under the new regime in FY 2025-26. The old regime has no marginal relief for Section 87A — if your income is even ₹1 above ₹5,00,000, you lose the entire ₹12,500 rebate. This is one of several reasons the new regime is now the default for most salaried taxpayers per Ministry of Finance Budget 2025 announcements, with details available via PIB press releases.

Need Help Claiming Section 87A?

Patron's CAs verify your 87A eligibility, optimise across regimes, and file ITR with the rebate correctly claimed for AY 2026-27. We support Pune, Mumbai, Delhi, Gurugram and pan-India clients.

Who Qualifies for Section 87A Rebate

Section 87A is one of the most narrowly targeted reliefs in the Income Tax Act 1961. Only resident individuals qualify. Every other taxpayer category is excluded by construction. Patron Accounting's CAs, governed by the standards of the Institute of Chartered Accountants of India, recommend verifying eligibility against your residential status and income composition every year before filing.

Eligible

  • Resident Individuals as defined under Section 6 of the Income Tax Act — must satisfy the 182-day or 60+365-day stay tests in India during the financial year.
  • Senior citizens (60-80) and super senior citizens (above 80), provided they are residents. Higher basic exemption limits in the old regime mean the rebate may be moot for some, but eligibility remains intact.
  • Salaried, self-employed, pensioners, freelancers — no occupation restriction. Anyone filing as an individual taxpayer with income within the threshold qualifies.

Not Eligible

  • Non-Resident Indians (NRIs) and RNOR taxpayers — the residency test must be satisfied under Section 6.
  • Hindu Undivided Families (HUFs), even if their income is below the threshold.
  • Partnership firms, LLPs, AOPs, BOIs, companies — Section 87A is restricted to "individual" assessees only.
  • Deemed residents earning above ₹15 lakh from Indian sources without tax liability elsewhere — the residency provisions of Section 6(1A) deny ordinary resident status; verify with a CA before claiming.

Income Components Excluded From Rebate

Even if you qualify by residency, the rebate does not cover tax on income taxed at special rates. These include long-term capital gains under Section 112 and 112A, short-term capital gains on listed equity under Section 111A, lottery and game show winnings under Section 115BB, virtual digital asset gains under Section 115BBH, and income from carbon credits under Section 115BBG. The rebate applies only to the slab-rate portion of your tax liability.

How to Claim Section 87A Rebate in Your ITR

The good news: Section 87A is auto-computed by the Income Tax e-filing portal once you enter your income and select the regime. There is no separate field, no separate schedule, no documentary evidence required.

  1. Log in to incometax.gov.in and start your ITR filing for AY 2026-27.
  2. Choose your tax regime at the start of the form. New regime is default; opt for old regime if it's beneficial after running scenarios. Salaried taxpayers can switch each year; business income earners face one-time switching restrictions.
  3. Enter all income heads — salary, house property, capital gains, business/profession, other sources. Also reconcile against AIS using our AIS Reconciliation Tool first.
  4. Enter deductions (only available under old regime — Chapter VI-A: 80C, 80D, 80G, 80E, 80TTA, etc.).
  5. Verify the Tax Computation Schedule. The portal shows "Tax Payable on Total Income" → "Rebate u/s 87A" → "Tax after Rebate". Cross-check the rebate amount matches what this calculator shows.
  6. Check marginal relief applicability. If your income is between ₹12,00,001 and ₹12,70,588 (new regime), the portal should automatically apply marginal relief. If not shown, recompute using this tool and raise a portal grievance.
  7. Submit and verify via Aadhaar OTP, net banking, or DSC. Always download the ITR-V and acknowledgement after submission.

If you missed claiming the rebate in an already-filed ITR, you can file a revised return under Section 139(5) before 31 December 2026 for AY 2026-27. For arithmetic errors on rebate computation by CPC, file a rectification under Section 154 — see our Section 154 rectification guide.

Frequently Asked Questions About Section 87A Rebate

Section 87A of the Income Tax Act 1961 grants a direct tax rebate to resident individuals whose total income falls within specified thresholds. Only resident individuals qualify — non-residents, HUFs, partnership firms, LLPs, and companies cannot claim it. The rebate reduces the tax payable directly, separately under the old and new regimes, and is applied before the 4 percent health and education cess is added.
Under the new tax regime for FY 2025-26 (AY 2026-27), the maximum rebate is ₹60,000 for resident individuals whose total taxable income does not exceed ₹12,00,000. Budget 2025 raised the threshold from ₹7 lakh to ₹12 lakh and the rebate from ₹25,000 to ₹60,000. Effective tax liability becomes zero for income up to ₹12 lakh under the new regime.
The old regime rebate for FY 2025-26 remains ₹12,500 for resident individuals with total taxable income up to ₹5,00,000 after all deductions under Chapter VI-A (80C, 80D, 80G, etc.). Budget 2025 did not change this. The rebate brings effective tax to zero for income up to ₹5 lakh under the old regime, but standard deduction and HRA exemptions reduce gross income further.
Marginal relief ensures that taxpayers whose income marginally exceeds the rebate threshold are not penalised disproportionately. Under the new regime, when income exceeds ₹12 lakh, the additional tax payable is capped at the excess income above ₹12 lakh. This prevents a cliff effect where earning one extra rupee triggers ₹60,000 of tax. The relief phases out around ₹12.70 lakh of taxable income.
Marginal relief is fully available between ₹12,00,001 and approximately ₹12,70,588 of taxable income under the new regime for FY 2025-26. Beyond this break-even point, normal slab tax becomes lower than the relief cap and standard slab rates apply. For salaried individuals with the ₹75,000 standard deduction, gross salary up to ₹13.45 lakh effectively benefits from marginal relief or full rebate.
No. Section 87A is restricted to resident individuals as defined under Section 6 of the Income Tax Act 1961. Non-resident Indians (NRIs), residents but not ordinarily resident (RNOR), and any individual who fails the residency test for the financial year cannot claim the rebate, regardless of income level. NRIs must compute tax at full slab rates without any rebate adjustment under either regime.
No. Section 87A explicitly limits the rebate to individuals only. Hindu Undivided Families (HUFs), partnership firms, Limited Liability Partnerships (LLPs), Association of Persons (AOPs), Body of Individuals (BOIs), and companies are all excluded. These entities pay tax at applicable rates without any 87A relief, even if their total income falls below the rebate threshold that applies to individuals.
The rebate applies to tax computed at slab rates only. Long-term capital gains on listed equity under Section 112A (12.5 percent above ₹1.25 lakh from 23 July 2024) and short-term capital gains under Section 111A (20 percent) are taxed at special rates and excluded from the 87A rebate. The same applies to lottery winnings under Section 115BB taxed at 30 percent.
The rebate is applied before the 4 percent health and education cess. Compute slab tax first, deduct the Section 87A rebate (subject to the maximum), then add cess at 4 percent on the net tax. If the rebate fully extinguishes the slab tax, cess is also zero. Surcharge, where applicable, is also added before cess but never on income covered by the rebate.
Yes, resident senior citizens (60 to 80 years) and super senior citizens (above 80) can claim Section 87A on the same income thresholds as other individuals. Under the old regime, super seniors already enjoy a basic exemption of ₹5 lakh, so the rebate is moot for income exactly at ₹5 lakh. Under the new regime, the ₹12 lakh threshold applies regardless of age band.
The rebate is auto-calculated by the e-filing portal once you enter your total income and select the tax regime in your ITR. There is no separate field or form. Verify the computed rebate in the Tax Computation schedule of the ITR before submission. If the portal shows zero rebate but you qualify, recheck your residency declaration and special-rate income classification.
Yes. Budget 2025 made a major revision under the new regime: the rebate threshold rose from ₹7 lakh to ₹12 lakh, and the maximum rebate from ₹25,000 to ₹60,000. Marginal relief was retained. The old regime rebate of ₹12,500 for income up to ₹5 lakh was unchanged. These changes apply from FY 2025-26 (AY 2026-27) onwards for all eligible resident individuals.
Yes. The substance of Section 87A is preserved under Section 156 of the Income Tax Act 2025, which becomes effective from 1 April 2026 (Tax Year 2026-27). For FY 2025-26 returns filed in 2026, the existing Section 87A of the 1961 Act applies. Thresholds and rebate amounts may be updated in subsequent Finance Acts; verify current numbers each filing year.
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