Compare your tax liability under the Old and New tax regimes for FY 2025-26 (AY 2026-27) and see which one saves you more.
Enter your annual income and eligible deductions. Deductions below are only used to compute Old Regime tax, since most are not allowed under the New Regime. This calculator assumes salaried / pension income eligible for the standard deduction under both regimes.
Age category changes the basic exemption limit under the Old Regime only. New Regime slabs are the same for all ages.
Total salary / income before any deductions, including bonus and taxable allowances.
PF, ELSS, life insurance etc. Capped at ₹1,50,000.
Health insurance premium. Capped at ₹25,000 (₹50,000 if you selected 60+ above). Actual limit can vary with parents' age and preventive check-ups; this is a simplified cap.
Self-occupied property, capped at ₹2,00,000.
Additional self-contribution, capped at ₹50,000.
Results update automatically as you type. The 80C/80D/24(b)/NPS deductions only affect the Old Regime — the New Regime has no such deductions, so its tax stays the same regardless of these fields; that's expected, not a bug.
Enter your details and hit compare
Compare to see the detailed slab-wise tax calculation.
India currently runs two parallel personal income tax structures. The New Regime is now the default option, with lower slab rates but almost no deductions or exemptions. The Old Regime has higher slab rates but allows a wide range of deductions such as 80C, 80D, HRA and home loan interest, which can bring your effective tax down significantly if you actively invest and claim them.
New Regime slabs (FY 2025-26): ₹0–4L: Nil, ₹4–8L: 5%, ₹8–12L: 10%, ₹12–16L: 15%, ₹16–20L: 20%, ₹20–24L: 25%, above ₹24L: 30%. A standard deduction of ₹75,000 applies to salaried taxpayers, and a tax rebate under Section 87A means taxable income up to ₹12,00,000 (₹12,75,000 including standard deduction) effectively attracts zero tax, with marginal relief tapering the tax smoothly for incomes just above that threshold.
Old Regime slabs (below 60 years): ₹0–2.5L: Nil, ₹2.5–5L: 5%, ₹5–10L: 20%, above ₹10L: 30%. Senior citizens (60–80) get a higher exemption limit of ₹3L, and super senior citizens (80+) get ₹5L. A standard deduction of ₹50,000 applies, along with deductions like 80C (up to ₹1.5L), 80D, home loan interest under Section 24(b) (up to ₹2L), and NPS under 80CCD(1B) (up to ₹50,000). Rebate under 87A makes tax zero if taxable income is up to ₹5,00,000, again with marginal relief just above that line.
Which one should you pick? If you don't invest much or don't have a home loan / HRA to claim, the New Regime usually works out cheaper because of its lower slabs and higher rebate threshold. If you have substantial 80C investments, health insurance, a home loan, or high HRA exemption, the Old Regime can still come out ahead — this calculator runs both numbers side by side so you don't have to guess.
A 4% Health & Education Cess is added on top of the computed tax in both regimes, after the 87A rebate/marginal relief is applied. This calculator does not account for HRA exemption, capital gains, or surcharge on very high incomes, and assumes salary/pension income eligible for the standard deduction — for a complete picture, especially if you have business or rental income, it's a good idea to review your Form 16 or full return with a tax professional.
Reference: Income Tax Act, 1961, and Finance Act provisions for FY 2025-26 (AY 2026-27), Government of India. This calculator is for educational planning purposes only and does not constitute tax advice; always confirm with a qualified CA or tax advisor.
The New Tax Regime is the default option for all taxpayers. If you want to be taxed under the Old Regime instead, you need to specifically opt for it — salaried employees can do this each year while filing their return or via their employer's declaration form.
Salaried individuals with no business income can switch between the Old and New Regime every financial year. Those with business or professional income have a one-time option to switch back to the Old Regime after opting out of it.
No. HRA exemption depends on your actual rent paid, city of residence, and basic salary, which makes it highly individual. This calculator focuses on 80C, 80D, home loan interest, and NPS to give a directional comparison — factor in your HRA exemption separately for a fully accurate picture.
Yes. Under Section 87A, if your taxable income is up to ₹12,00,000 under the New Regime, or up to ₹5,00,000 under the Old Regime, your tax liability is reduced to zero through this rebate. If your income is slightly above these thresholds, marginal relief caps your tax so it never exceeds the amount by which your income exceeds the threshold — this calculator applies that relief automatically.