Know your tax refund in 2 minutes
Upload your Form 16. AI compares Old vs New regime. See your refund + missed deductions. Unlock the full report and step-by-step filing guide — value-based pricing from ₹199.
📱 Got your Form 16 on phone?
Scan this QR to open the calculator on your phone and upload straight from your gallery.
See how it works
Form 16 → filing-ready report in under 5 minutes.
- →📤
Upload Form 16
~30 sec
- →🤖
AI parses it
~15 sec
- →✍️
Add deductions
~60 sec
- →🧮
Old vs New math
~20 sec
- 🔓
Unlock + file
from ₹199
Why RefundWise
⚡ 2-minute calculation
Upload Form 16, get your refund picture in under two minutes — including regime comparison and missed deductions.
💰 Affordable, value-based
You pay only a small fraction of the savings we identify for you. Pricing scales with value — never a flat fee, never more than you save.
🤖 AI-first by design
Form 16 + TIS parsing, regime comparison, missed-deduction detection, and a personalised filing guide — all powered by AI from the ground up.
🔒 Your data, your control
No accounts, no third-party trackers, no data sharing. TIS files are processed in-memory and discarded immediately.
We don't sell or share your data
- • No account creation — preview is fully anonymous
- • Form 16 PDFs deleted immediately after parsing — only the extracted summary is kept
- • TIS files are processed in-memory and never written to disk
- • Data is stored in an India-region database, encrypted at rest; your PAN is shown to you only in a masked form
- • Filing data auto-deletes after 24 hours; if you paid, re-uploading your Form 16 within 30 days unlocks your report again without paying twice
- • Aggregate analytics only — no advertising or behavioural-tracking SDKs
- Full details in our Privacy Policy
Ready to know your refund?
Free preview · No signup · Pricing only kicks in when you unlock the full plan.
Calculate My Refund →Popular calculators
Quick tools for specific tax questions — free, instant, FY 2025-26
Old vs New Regime Calculator
Compare both regimes side by side with your deductions. Includes 87A rebate and marginal relief.
Income Tax Calculator FY 2025-26
Budget 2025 slabs, slab-by-slab breakdown, 87A rebate, cess — automatically computed.
HRA Exemption Calculator
Section 10(13A) three-limit formula. Enter basic, HRA, rent — see your exemption.
Form 16 Tax Calculator
Upload your Form 16 PDF. AI extracts everything and computes your exact refund.
Frequently asked questions
Real answers from how the tool actually works
What is RefundWise and how does it work?+
RefundWise is an AI-first tax refund insight tool for Indian salaried filers. Upload your Form 16, our AI extracts the data, compares Old vs New regime for FY 2025-26, surfaces missed deductions, and generates a step-by-step filing guide for incometax.gov.in.
Is RefundWise free to use?+
The preview is free — no signup needed to see your refund amount and which regime is recommended. The full report (detailed breakdown, missed deductions, filing guide, PDF, GST invoice) is paid, with value-based pricing starting at ₹199 inclusive of 18% GST.
What is the difference between Old and New tax regime for FY 2025-26?+
The New regime uses Budget 2025 slabs (0/4/8/12/16/20/24 lakh) with a ₹75,000 standard deduction and ₹60,000 rebate up to ₹12 lakh, but disallows most Chapter VI-A deductions. The Old regime keeps full deductions (80C, 80D, HRA, 24(b), etc.) with ₹50,000 standard deduction and ₹12,500 rebate up to ₹5 lakh. Which is better depends on how much you can claim.
Which tax regime should I choose, Old or New?+
It depends on your total deductions. As a rough guide: if your claimable deductions (80C + 80D + HRA + 24(b) + 80CCD(1B)) exceed roughly ₹4.5-5 lakh, Old is usually better. Below that, New wins. RefundWise computes both deterministically using your exact Form 16 and tells you which saves more.
What is Form 16 and where do I get it?+
Form 16 is the TDS certificate your employer issues annually, typically by 15 June. It has two parts: Part A (TDS summary from TRACES) and Part B (salary breakdown and deductions). Download it from your company HR portal or TRACES (incometaxindia.gov.in). RefundWise needs the digital PDF, not a scanned photo.
How accurate is the AI tax calculation?+
The tax math is fully deterministic — same inputs always produce the same output — and implements FY 2025-26 / AY 2026-27 rules exactly: New regime slabs, 87A rebate (₹60K up to ₹12L), marginal relief at every cliff, age-aware Old regime, surcharge at ₹50L/1Cr/2Cr/5Cr. The AI is used only for extraction from Form 16 (where you can verify each value) and for generating insights, not for the tax math itself.
Is my Form 16 data private and secure?+
Yes. No account creation, no third-party analytics or tracker SDKs. The Form 16 PDF is deleted immediately after parsing — only the structured extract is kept for your session. TIS files are processed in-memory and never written to disk. Data is sent only to the AI provider for parsing, never to ad networks or brokers.
Can I use RefundWise for FY 2024-25 or earlier?+
No. RefundWise currently supports FY 2025-26 / AY 2026-27 only (income earned April 2025 to March 2026). The tax engine is hard-coded to Budget 2025 rules. Uploading a prior-year Form 16 returns a clear rejection.
Does RefundWise file my Income Tax Return for me?+
No. RefundWise generates the numbers and a personalised step-by-step filing guide for incometax.gov.in. You file the actual ITR yourself on the IT Department portal. We are not a CA, tax preparer, or authorised representative.
Can RefundWise help if I have capital gains, business income, or rental income?+
Partially. If you upload a TIS, RefundWise will surface capital gains, business income, and rental income in the AIS Reconciliation card — but the tax engine does not currently compute the special-rate tax on these. We recommend ITR-2 (for capital gains) or ITR-3/4 (for business income) and consulting a CA for those scenarios. RefundWise is built for salaried filers with simple Form 16 income today.