Are you searching for an income tax calculator 2026 that simplifies federal and national tax estimates across multiple countries? With tax seasons kicking off in early 2026, millions are turning to online tools to understand their liabilities under updated slabs and rates. Whether you’re a salaried professional in India wondering about the new regime income tax calculation 2026, a single filer in the USA asking “how much federal tax on $50,000 salary 2026”, or a UK expat querying “2026 UK tax bands for basic rate taxpayers”, our free international income tax calculator 2026 has you covered.
What’s an accurate US tax calculator? : “best free income tax calculator for salaried employees USA 2026”, “step-by-step guide to calculate income tax in Germany 2026 for married couples”, and “Pakistan salary tax slabs 2026 with examples”. We’ll break down how taxes are calculated in the seven countries featured in our calculator (India, USA, UK, Germany, Canada, Pakistan, Sri Lanka), using the latest 2026 rates.
2026 International Income Tax Calculator
Enter your details below. Calculations are approximate for federal/resident taxes only.
Results
| Item | Amount |
|---|
How do I calculate income tax on my salary? Start with gross income, subtract standard deductions, then apply progressive slabs. Use our calculator for auto-computation.
What’s an accurate US tax calculator for 2026? Our tool uses IRS-updated brackets for single/married filers, excluding state taxes.
How to calculate taxes for self-employed in the UK 2026? Factor in Class 2/4 NI contributions; our calculator handles basic estimates.
How Taxes Are Calculated in 2026 Country
Taxes are typically progressive: You pay the rate only on income in each bracket after deductions. Steps: (1) Gross income minus standard/itemized deductions/allowances = Taxable income. (2) Apply slabs. (3) Add surcharges (e.g., India’s 10-37% over ₹50L). Our calculator automates this, assuming resident/single unless specified.
India New Regime FY 2025-26 / AY 2026-27
India’s default new regime simplifies with higher slabs but fewer deductions. Standard deduction: ₹75,000.
| Income Slab (₹) | Tax Rate |
|---|---|
| Up to 4,00,000 | 0% |
| 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% |
Example: ₹12L gross → Taxable ₹11.25L → Tax ₹62,500.
USA Federal Tax Single Filer
Seven brackets; standard deduction ~$16,100 (inflation-adjusted). Excludes FICA (7.65%).
| Taxable Income ($) | Rate |
|---|---|
| 0 – 12,400 | 10% |
| 12,401 – 50,400 | 12% |
| 50,401 – 105,700 | 22% |
| 105,701 – 201,800 | 24% |
| 201,801 – 256,200 | 32% |
| 256,201 – 640,600 | 35% |
| Above 640,600 | 37% |
Example: $60k gross → Taxable $43,900 → Tax ~$4,800.
UK Income Tax Bands 2026-27
Frozen personal allowance £12,570; bands for England/Wales/NI.
| Band (£) | Rate |
|---|---|
| 0 – 12,570 | 0% |
| 12,571 – 50,270 | 20% |
| 50,271 – 125,140 | 40% |
| Above 125,140 | 45% |
Example: £40k gross → Taxable £27,430 → Tax £5,486.
Germany Progressive Rates 2026
Basic allowance €12,348 single; graduated 14-42%, flat 42%, then 45% + 5.5% solidarity.
| Income (€, Single) | Rate |
|---|---|
| Up to 12,348 | 0% |
| 12,349 – 68,430 | 14-42% (graduated) |
| 68,431 – 277,826 | 42% |
| Above 277,826 | 45% |
Example: €50k → Effective ~25% after allowance.
Canada Federal Brackets (2026)
Basic personal amount ~$16,000 single; lowest rate drops to 14%.
| Taxable Income (CAD) | Rate |
|---|---|
| 0 – 58,523 | 14% |
| 58,524 – 117,045 | 20.5% |
| 117,046 – 181,440 | 26% |
| 181,441 – 258,482 | 29% |
| Above 258,482 | 33% |
Example: $80k gross (single) → Taxable $64k → Tax ~$10,500.
Pakistan Salaried Slabs FY 2025-26
No standard deduction; progressive with surcharges over PKR 10M.
| Income Slab (PKR) | Tax Calculation |
|---|---|
| Up to 600,000 | 0% |
| 600,001 – 1,200,000 | 1% of excess |
| 1,200,001 – 2,200,000 | PKR 6,000 + 11% excess |
| 2,200,001 – 3,200,000 | PKR 116,000 + 23% excess |
| 3,200,001 – 4,100,000 | PKR 345,000 + 30% excess |
| Above 4,100,000 | PKR 615,000 + 35% excess |
Example: PKR 1.2M → Tax PKR 6,000.
Sri Lanka: Resident Slabs (YoA 2025/26)
Progressive from 6%; threshold ~LKR 1.8M for filing.
| Income Slab (LKR) | Rate |
|---|---|
| Up to 1,000,000 | 6% |
| 1,000,001 – 1,500,000 | 18% |
| 1,500,001 – 2,000,000 | 24% |
| 2,000,001 – 2,500,000 | 30% |
| Above 2,500,000 | 36% |
Example: LKR 2M → Tax ~LKR 2,40,000 (12% effective).
Old vs. New Tax Regime Calculator for AY 2026-27 (FY 2025-26) in Excel
For Assessment Year 2026-27 (Financial Year 2025-26), India’s income tax offers two regimes: the old regime (with deductions like 80C, HRA, but lower slabs) and the new regime (default, higher slabs up to ₹24L, standard deduction ₹75,000, but limited exemptions). The new regime is simpler but may save more if you have few deductions. Use an Excel calculator to compare liabilities instantly.
Free Excel Downloads for AY 2026-27
Here are vetted, free Excel tools from reliable sources. Download and input your gross income/deductions for side-by-side results:
| Tool/Source | Description | Download Link |
|---|---|---|
| TaxBizMantra Excel | Full-featured: Includes ₹75k std. deduction, 87A rebate (up to ₹25k tax-free), old/new slabs, surcharge. Sample: ₹10L income → New: ₹37.5k tax vs. Old: ₹45k (if deductions). | Download XLSX |
| CompanyMitra Excel | Simple comparison sheet: Auto-calcs taxable income, tax, rebate. Great for salaried; handles NPS 80CCD(2). | Download XLS |
| Official IT Dept (Via Portal) | Web-based but exportable to Excel; compares regimes with exemptions like HRA/80C. | Use Online & Export |
Quick DIY Excel Setup (Copy-Paste Formulas)
If you want a custom sheet, create a new Excel file with these columns (A1:H20). Assumes single filer; adjust for married/surcharge.
| Cell | Label | Formula (Old Regime, Col B) | Formula (New Regime, Col C) |
|---|---|---|---|
| A2 | Gross Income (₹) | Input (e.g., 1000000) | =B2 |
| A3 | Standard Deduction | 50000 | 75000 |
| A4 | Other Deductions (80C, HRA, etc.) | Input (e.g., 150000) | 0 (limited) |
| A5 | Taxable Income | =MAX(0, B2 – B3 – B4) | =MAX(0, C2 – C3) |
| A6 | Tax (Slabs) | =IF(B5<=250000,0,IF(B5<=500000,(B5-250000)*0.05,12500+IF(B5<=1000000,(B5-500000)*0.2,12500+50000+IF(B5<=1250000,(B5-1000000)*0.3,87500+75000+IF(B5<=1500000,(B5-1250000)*0.3,112500+75000+(B5-1500000)*0.3)))))) + surcharge if >50L | =IF(C5<=300000,0,IF(C5<=700000,(C5-300000)*0.05,20000+IF(C5<=1000000,(C5-700000)*0.1,20000+30000+IF(C5<=1200000,(C5-1000000)*0.15,50000+30000+IF(C5<=1500000,(C5-1200000)*0.2,80000+30000+IF(C5<=2000000,(C5-1500000)*0.25,130000+50000+IF(C5>2000000,(C5-2000000)*0.3,200000+50000+(C5-2000000)*0.3)))))) |
| A7 | Rebate u/s 87A | =IF(B5<=500000,MIN(12500,B6),0) | =IF(C5<=700000,MIN(25000,C6),0) |
| A8 | Cess (4%) | =B6*0.04 | =C6*0.04 |
| A9 | Total Tax | =B6 – B7 + B8 | =C6 – C7 + C8 |
| A10 | Savings (New – Old) | =B9 – C9 |
Slabs Reference (2026-27):
- Old: 0% (0-2.5L), 5% (2.5-5L), 20% (5-10L), 30% (>10L).
- New: 0% (0-3L), 5% (3-7L), 10% (7-10L), 15% (10-12L), 20% (12-15L), 25% (15-20L? Wait, up to 24L 30%).
Pro Tip: For >₹50L income, add 10-37% surcharge. Download the TaxBizMantra Excel for full automation—it’s plug-and-play for AY 2026-27
FAQs:
How to calculate income tax in India new regime 2026 for ₹10 lakh salary?
Under the new regime, subtract the ₹75,000 standard deduction from gross income, yielding ₹9.25 lakh taxable. Apply slabs: 0% up to ₹4L, 5% on next ₹4L, and 10% on the rest total tax ≈ ₹37,500 (3.75% effective rate).
2026 federal income tax calculator USA single filer $60,000 income?
For a single filer, deduct $16,100 standard deduction from $60,000 gross, leaving $43,900 taxable. Federal tax: 10% on first $12,400 ($1,240) + 12% on remainder ($3,708), total ≈ $4,948 (8.25% effective, excluding FICA/state). Our tool provides instant net pay estimates.
Step-by-step UK income tax calculation 2026 for basic rate with £40,000 salary?
Start with £40,000 gross minus £12,570 personal allowance = £27,430 taxable (basic rate band). Tax at 20%: £5,486 total. Higher bands (40%/45%) apply above £50,270; our calculator factors in NI contributions for take home pay.
Germany income tax rates 2026 for expats earning €50,000 single?
Single expats get €12,348 basic allowance, making €37,652 taxable—progressive rate averages ~25% (graduated 14-42% up to €68,430). Add 5.5% solidarity surcharge: total tax ≈ €9,400. Tool supports married/joint filing for relocations.
Canada federal tax brackets 2026 calculator for $80,000 married couple?
Married couples deduct ~$32,000 basic personal amount from $80,000 gross = $48,000 taxable. Federal tax: 14% on first $58,523 (but prorated) + 20.5% on excess ≈ $7,000 (8.75% effective; provincial extra). Our app exports results for CRA filing prep.
Pakistan salaried tax slabs 2026 example for PKR 1.2 million annual?
No standard deduction; for PKR 1.2M, tax = 0% on first PKR 600k + 1% on next PKR 600k = PKR 6,000 total (0.5% effective). Higher slabs add up to 35%; inflation rebates may apply input salary in our tool for full breakdown.
Sri Lanka income tax slabs 2026 for residents under LKR 2 million?
Progressive slabs start at 6% up to LKR 1M, then 18% to 1.5M, and 24% to 2M—for LKR 1.8M, effective rate ~12% (total tax ≈ LKR 216,000). APIT changes impact monthly withholdings; calculator shows net after thresholds.
Best free international income tax calculator 2026 for multiple countries?
Our tool covers India, USA, UK, Germany, Canada, Pakistan, and Sri Lanka with dynamic fields, deductions, and exports (PDF/Excel). Supports currency swaps and filing status ideal for expats comparing cross-border liabilities in seconds.
How much tax on side hustle income USA 2026 self-employed?
Add side income to W-2 gross; self-employment tax (15.3% for Social Security/Medicare) applies on net earnings over $400, plus federal brackets. Example: $10k hustle on $50k salary adds ~$1,800 SE tax our calculator integrates for accurate totals.
Old vs new tax regime calculator India 2026 which is better for salaried?
New regime (higher slabs, no deductions) saves for low-deductible salaried earners; old allows 80C/80D but lower thresholds. For ₹10L, new ≈ ₹37,500 vs. old ₹45,000 toggle in our tool to see which minimizes your FY 2025-26 liability