Income Tax Calculator
Old regime with deductions, or new regime with lower slabs? Enter your income and investments — we'll show both bills side by side.
Deductions apply to the old regime only. The new regime allows just the ₹75,000 standard deduction for salaried taxpayers.
New regime saves you
₹1,05,300
- New regime tax
- ₹97,500
- Old regime tax
- ₹2,02,800
- Taxable income (new)
- ₹14,25,000
- Taxable income (old)
- ₹12,75,000
FY 2025-26 slabs for individuals below 60, including §87A rebate and 4% cess; surcharge above ₹50L not modelled. Consult a tax professional for filing.
About this calculator
How it works
We compute tax under both regimes using FY 2025-26 slabs — the old regime after your 80C/80D/HRA deductions and ₹50,000 standard deduction, the new regime with its ₹75,000 standard deduction — including the §87A rebate and 4% cess.
The ₹12 lakh headline
Under the new regime, taxable income up to ₹12 lakh pays zero tax thanks to the enhanced 87A rebate — that's a ₹12.75 lakh salary after the standard deduction.
When the old regime still wins
Heavy deducters — full 80C, big HRA, home-loan interest, 80D for parents — can still come out ahead on the old regime at higher incomes. That's exactly what this comparison reveals.
Insurance saves tax too
Health insurance premiums earn 80D deductions (up to ₹1 lakh including senior-citizen parents) and life insurance qualifies under 80C — protection and tax planning in one.