Income Tax Old Regime
income_tax_old_regimeCalculate income tax under the old regime for FY 2026-27 using gross salary, age, and deductions to estimate liability.
Instructions
Estimate income tax for FY 2026-27 (AY 2027-28) under the OLD regime.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| age | No | Age of the taxpayer (senior/super-senior exemption limits apply). | |
| gross_salary | Yes | Annual gross salary in INR. | |
| deductions_80c | No | Chapter VI-A 80C investments (capped at Rs 1.5 lakh). | |
| other_deductions | No | Other deductions (80D, HRA, etc.) - pass the eligible amount. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||