Income Tax Calculator
Compare the new and old regimes for FY 2025-26 and see which one saves you more.
Your income
FY 2025–26 · India · below 60 years · salaried
80C, 80D, home-loan interest, HRA etc. The new regime ignores most of these but has a lower rate structure.
The New regime saves you ₹97,500 in tax this year.
New Regime
RecommendedTotal tax payable
₹97,500
Taxable income: ₹14,25,000
Old Regime
Total tax payable
₹1,95,000
Taxable income: ₹12,50,000
Every year, salaried taxpayers in India face the same question: new regime or old regime? The new regime has lower rates but removes most deductions; the old regime keeps deductions like 80C and HRA but taxes at higher rates. This calculator estimates your tax under both for FY 2025-26 (AY 2026-27) and tells you which one leaves more money in your pocket.
New vs old regime — how it's calculated
Under the new regime, you get a ₹75,000 standard deduction and a rebate that makes tax zero up to ₹12 lakh of taxable income — but you cannot claim most other deductions.
Under the old regime, you get a ₹50,000 standard deduction plus deductions such as 80C (up to ₹1.5 lakh), 80D, and home-loan interest — but the slab rates are higher and the rebate applies only up to ₹5 lakh.
The calculator applies both slab structures, adds the 4% health & education cess, and highlights the cheaper option. It is an estimate for a salaried individual below 60 — always confirm with a tax professional before filing.
Frequently asked questions
Is the new regime always better?+
Not always. If you claim large deductions — a big home-loan interest, full 80C, 80D and HRA — the old regime can still win. If you have few deductions, the new regime usually comes out ahead. That's exactly what this calculator checks for your numbers.
What income is tax-free under the new regime?+
For FY 2025-26, a salaried person effectively pays no tax up to about ₹12.75 lakh (₹12 lakh rebate limit plus the ₹75,000 standard deduction), thanks to the Section 87A rebate.
Does this include cess and surcharge?+
The calculator adds the standard 4% health & education cess. It does not model surcharge on very high incomes (above ₹50 lakh), so treat high-income results as approximate.
Which deductions count for the old regime?+
Common ones include 80C (PF, ELSS, life insurance, PPF up to ₹1.5 lakh), 80D (health insurance), 80CCD(1B) (NPS), home-loan interest under Section 24, and HRA. Add them together in the deductions field.
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