📊 Tax Calculator
Old vs New Tax Regime
Compare both tax regimes side by side with your actual deductions. Instantly see which one saves you more money.
📊 Income Tax Comparison — FY 2025-26
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Enter your income details to compare tax regimesCompare your tax under both regimes using the latest FY 2025-26 tax slabs. Key deductions like HRA depend on your HRA exemption calculation. Once you file, your employer issues Form 16 showing the TDS deducted and final tax.
How the Tax Regime Comparison Works
Find out in seconds which tax regime saves you more money for FY 2025-26.
1
Enter Your Income
Input your gross annual salary or total income including salary, business income, and other sources.
2
Add Your Deductions
Under the Old Regime tab, enter deductions like 80C investments, health insurance (80D), and home loan interest.
3
Compare Both Regimes
The calculator shows your exact tax liability under both regimes side by side — pick the one with lower tax.
Frequently Asked Questions
What is the key difference between Old and New tax regime?
The Old Regime has higher tax slab rates but allows many deductions (80C, HRA, home loan, etc.) that reduce your taxable income. The New Regime has lower slab rates but almost no deductions. The better option depends on your total deductions.
Who benefits more from the New Tax Regime?
The New Regime benefits people with low deductions — typically younger employees without home loans, large insurance premiums or 80C investments. If your total deductions are less than ₹3.75 lakh, the New Regime usually results in lower tax.
What is the ₹12 lakh tax-free limit in the New Regime?
From FY 2025-26, income up to ₹12 lakh is effectively tax-free under the New Regime due to Section 87A rebate (₹60,000). Salaried individuals with income up to ₹12.75 lakh pay zero tax after the ₹75,000 standard deduction.
Can I switch between Old and New regime every year?
Salaried employees can switch between Old and New regime every financial year at the time of filing their ITR. However, individuals with business income can only switch once from New to Old regime after which they cannot go back.
Which deductions are allowed in the New Tax Regime?
Very few deductions are available in the New Regime: employer's NPS contribution (80CCD(2)), Agniveer Corpus Fund, and the ₹75,000 standard deduction for salaried employees. All other popular deductions like 80C, HRA, and home loan interest are not allowed.