Calculate your Income Tax for FY 2025-26 under both Old and New Tax Regimes. The New Regime (default from FY 2023-24) has lower tax rates but no deductions. The Old Regime allows deductions under 80C, 80D, HRA, etc. Which one saves you more? Our calculator tells you instantly.
Enter your income and deductions to see a complete comparison: slab-wise tax breakdown, surcharge, cess, effective tax rate, and the exact amount you save by choosing the right regime. Works for all taxpayer categories: Individual, Senior Citizen, and Super Senior Citizen.
How to Use This Calculator
- Enter your annual gross income.
- Enter deductions (80C, 80D, HRA, 80CCD, 24b, etc.) for Old Regime comparison.
- Select taxpayer category (Below 60, Senior 60-80, Super Senior 80+).
- Click “Calculate” to see Old vs New Regime side-by-side comparison.
Deductions (Used in Old Regime)
These deductions reduce your taxable income under the Old Regime. The New Regime does not allow most deductions.Frequently Asked Questions
What are the new income tax slabs for FY 2025-26?
New Regime FY 2025-26: Up to ₹4 lakh — Nil, ₹4-8 lakh — 5%, ₹8-12 lakh — 10%, ₹12-16 lakh — 15%, ₹16-20 lakh — 20%, ₹20-24 lakh — 25%, Above ₹24 lakh — 30%. Standard deduction of ₹75,000 and rebate under 87A (no tax up to ₹12 lakh taxable income).
Which is better — Old Regime or New Regime?
If your total deductions (80C + 80D + HRA + home loan interest + NPS) exceed approximately ₹3.75 lakh, the Old Regime may save more tax. Below that, the New Regime is usually better due to lower slab rates. Our calculator shows the exact comparison for your income.
What is the 87A rebate in New Regime?
Under Section 87A, if your taxable income (after standard deduction) is up to ₹12 lakh in the New Regime, you get a rebate of up to ₹60,000 — effectively making income up to ₹12.75 lakh (₹12L + ₹75K standard deduction) completely tax-free.