Calculate ITR2 tax with equity and non equity profit

Under the New Tax Regime for AY 2026-27, your total normal tax on salary and other income is fully waived off via the Section 87A rebate because your income is under ₹12 Lakhs. However, you must pay a flat 20% tax + 4% cess on your equity short-term capital gains (STCG). Your final net tax liability will be ₹19,670, and your Long-Term Capital Loss of ₹1,38,930 will be carried forward to future years.