New vs Old Tax Regime Calculator
Compare old and new income tax regimes for FY 2025-26. Enter salary and deductions to see which regime saves more tax.
Calculate New vs Old Tax Regime
Annual gross salary or taxable income before deductions
PF, ELSS, PPF, life insurance, tuition fees and more
Annual HRA exemption if you pay rent
Self-occupied home loan interest deduction
Additional NPS deduction up to Rs 50,000
Medical insurance premium deduction
New Regime Tax
₹0
Old Regime Tax
₹1,11,800
Difference / Tax Saved
₹1,11,800
Old Regime Taxable Income
₹9,75,000
Breakdown
How to Use This New vs Old Tax Regime Calculator
Using our New vs Old Tax Regime Calculator is simple and takes just a few seconds. Enter your values using the sliders or input fields above, and the results will update instantly — no need to click a calculate button.
All calculations are performed in your browser using standard financial formulas. Your data is never stored or transmitted to any server, ensuring complete privacy.
The results shown are estimates based on the inputs you provide. For precise figures, consult with your bank or financial advisor. Use this tool for quick comparisons, planning, and understanding how different variables affect your financial outcomes.
Formula & Explanation
Tax Saved = Higher Tax Regime Amount - Lower Tax Regime AmountOld regime taxable income is calculated after standard deduction and eligible deductions. New regime taxable income uses the new regime standard deduction. Tax is then calculated using the respective slab rates and cess.
Calculation Examples
Rs 12 lakh salary
Compare regimes with 80C and 80D deductions
New regime often wins when HRA and home loan deductions are low
Benefits
- Compare both regimes instantly
- Include major deductions
- Plan tax declarations
- Reduce wrong TDS selection
Use Cases
- Salary tax planning
- ITR filing
- Form 12BB declaration
- Investment planning
About New vs Old Tax Regime Calculator
The New vs Old Tax Regime Calculator compares tax payable under both Indian income tax regimes. Enter your annual income and common deductions such as 80C, HRA, home loan interest, NPS and health insurance to estimate which regime may be better for you.
Frequently Asked Questions
The better regime depends on your income and deductions. New regime is usually better when deductions are low. Old regime may be better if you claim HRA, 80C, home loan interest, NPS and insurance deductions.
Salaried employees can usually choose the regime while filing ITR, even if they declared a different regime to the employer for TDS. Business income taxpayers have stricter rules.
No, most deductions like 80C, HRA and 80D are not available in the new tax regime. However, standard deduction for salaried taxpayers is available.
The most common old regime deductions are Section 80C up to Rs 1.5 lakh, HRA exemption, home loan interest up to Rs 2 lakh, NPS up to Rs 50,000 and health insurance under 80D.
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