Updated FY 2025-26 · Budget 2024 slabs · Source: incometax.gov.in

🇮🇳 Income Tax Old vs New Regime Calculator — FY 2025-26

Enter your salary and deductions to instantly compare tax under both regimes. See which one saves you more money — updated for AY 2026-27.

Quick answer

FY 2025-26: compare old regime (deductions) vs new regime (lower slabs, ₹75k standard deduction)

The new regime uses updated slabs and a ₹75,000 standard deduction. The old regime allows 80C, 80D, HRA, and other deductions. Enter your numbers below to see which saves more tax.

New regime std deduction
₹75,000
Old regime std deduction
₹50,000
87A rebate (new)
No tax if taxable income ≤ ₹7 lakh

Your income details

Lakhs

Enter amount in lakhs — e.g. 12 for ₹12,00,000

Old Regime Deductions (₹ Lakhs)

PPF, ELSS, LIC, home loan principal

L

Health insurance premium

L

House rent allowance

L

80E, 80G, NPS 80CCD(1B), home loan interest etc

L
Note: Deductions above apply to old regime only. New regime ignores these (except standard deduction of ₹75,000).

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Enter your salary to compare regimes

Results update instantly

🆕 New Regime Slabs FY 2025-26

Std deduction: ₹75,000

Taxable IncomeRate
₹0 – ₹4.00 L0%
₹4.00 L – ₹8.00 L5%
₹8.00 L – ₹12.00 L10%
₹12.00 L – ₹16.00 L15%
₹16.00 L – ₹20.00 L20%
₹20.00 L – ₹24.00 L25%
Above ₹24.00 L30%

📋 Old Regime Slabs FY 2025-26

Std deduction: ₹50,000

Taxable IncomeRate
₹0 – ₹2.50 L0%
₹2.50 L – ₹5.00 L5%
₹5.00 L – ₹10.00 L20%
Above ₹10.00 L30%

How to use and formula

How to compare old vs new regime

Enter gross salary in lakhs, then deductions available only under the old regime.

  1. Enter annual gross salary (lakhs).
  2. Add 80C, 80D, HRA, and other deductions for the old regime.
  3. Compare total tax, cess, and take-home for both regimes.
  4. Choose the regime with lower tax before filing your return.
Formulas

Tax = slab tax on taxable income

Taxable income = gross − standard deduction − other deductions

Cess = 4% on tax + surcharge

Higher deductions usually favour the old regime; minimal deductions often favour the new regime.

Common mistakes to avoid

Ignoring surcharge and cess

High incomes attract surcharge; 4% health & education cess applies on tax plus surcharge.

Comparing regimes without the same gross income

Use identical salary, bonus, and other income when comparing old vs new.

Assuming HRA works in the new regime

Most Chapter VI-A deductions including HRA apply only under the old regime.

Using this for TDS filing without Form 16

Employer TDS and Form 16 may include exemptions not captured here.

Official source and review note

Rates and rules on this page were last reviewed in May 2026 against Income Tax Department, India. Use the linked authority for filing, registrations, or address-specific compliance.

Pick the regime that lowers your tax for FY 2025-26

Compare both regimes each financial year — your optimal choice can change when salary or deductions change.

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Income Tax Old vs New Regime — FAQ FY 2025-26