Compare Old vs New tax regime for FY 2025-26 and find which saves you more
Under the new regime, only the standard deduction of ₹75,000 is available.
| Slab | Rate | Tax |
|---|---|---|
| 0 - 4L | 0% | ₹0 |
| 4L - 8L | 5% | ₹20,000 |
| 8L - 12L | 10% | ₹32,500 |
| 12L - 16L | 15% | ₹0 |
| 16L - 20L | 20% | ₹0 |
| 20L - 24L | 25% | ₹0 |
| Above 24L | 30% | ₹0 |
| Old Regime | New Regime | |
|---|---|---|
| Gross Income | ₹12,00,000 | ₹12,00,000 |
| Deductions | ₹2,25,000 | ₹75,000 |
| Taxable Income | ₹9,75,000 | ₹11,25,000 |
| Tax + Cess | ₹1,11,800 | ₹54,600 |
This Income Tax Calculator computes your Indian income tax liability for Financial Year 2025-26 (Assessment Year 2026-27) and shows a side-by-side comparison of the Old Regime and the New Regime so you can see which one leaves you with more take-home pay. You enter your gross annual income and deductions such as Section 80C investments, 80D health insurance premiums, home loan interest under Section 24(b) and HRA, and the tool applies the correct slab rates, standard deduction and rebate for each regime.
It is built for salaried employees, freelancers and small business owners planning their taxes, choosing a regime at the start of the year, or verifying the tax deducted by an employer. All calculation runs instantly in your browser in Indian Rupees, including the 4% Health and Education Cess and applicable surcharge.
The New Regime slabs for FY 2025-26 are: nil up to Rs 4,00,000; 5% on 4,00,001 to 8,00,000; 10% on 8,00,001 to 12,00,000; 15% on 12,00,001 to 16,00,000; 20% on 16,00,001 to 20,00,000; 25% on 20,00,001 to 24,00,000; and 30% above 24,00,000. A Section 87A rebate makes income up to Rs 12,00,000 effectively tax-free, and salaried taxpayers get a Rs 75,000 standard deduction. The New Regime is the default and does not allow 80C, 80D or HRA.
The Old Regime keeps slabs of nil up to Rs 2,50,000, 5% up to 5,00,000, 20% up to 10,00,000 and 30% above, with a higher basic exemption of Rs 3,00,000 for senior citizens and Rs 5,00,000 for super seniors. It allows deductions like 80C, 80D, 24(b) and HRA, a Rs 50,000 standard deduction and an 87A rebate up to Rs 5,00,000 taxable income.
The tool computes tax under both regimes: taxable income equals gross income minus applicable deductions, tax is summed across each slab, the 87A rebate is subtracted if eligible, surcharge is added for high incomes, and a 4% Health and Education Cess is applied on the total. For example, a salaried person earning Rs 15,00,000 with Rs 1,50,000 in 80C usually pays less under the New Regime because of its wider zero-tax band, while someone with a large home loan interest and HRA claim may benefit from the Old Regime.
It depends on your deductions. The New Regime usually wins if you have few deductions, since income up to Rs 12,00,000 is tax-free after the 87A rebate. The Old Regime can be better if you claim large deductions like 80C, home loan interest under 24(b) and HRA. The tool compares both and tells you the exact difference.
Yes. It applies a Rs 50,000 standard deduction under the Old Regime and Rs 75,000 under the New Regime for salaried taxpayers, then adds the 4% Health and Education Cess and any applicable surcharge to the final tax.
The 87A rebate reduces tax to zero for lower incomes. Under the New Regime it applies up to Rs 12,00,000 taxable income, and under the Old Regime up to Rs 5,00,000. The tool applies it automatically for each regime when you qualify.
Yes. Enter your total taxable income from all sources. The slab calculation is the same, though the standard deduction shown applies to salaried income; freelancers and business owners should exclude it if it does not apply to them.
Yes, for the Old Regime. The basic exemption is Rs 2,50,000 below 60, Rs 3,00,000 for those 60 to 80, and Rs 5,00,000 above 80. Selecting your age group applies the correct limit. The New Regime uses a single Rs 4,00,000 exemption for all ages.
Yes, it is completely free with no sign-up. All calculations run locally in your browser using JavaScript, so your income and deduction figures are never sent to any server or stored anywhere.
No. It is an estimation tool for planning and comparison only. Your actual liability may vary based on capital gains, special-rate income and other factors, so verify with a tax professional or the official Income Tax e-filing portal before filing.