Income Tax (Old vs New)
Free · Live calculation · Your data stays in your browser
Your Income & Deductions
FY 2025-26 (AY 2026-27)
80C, 80D, HRA, home loan interest, etc.
Common Deductions to Add
- 80CPPF, ELSS, LIC, EPF (max ₹1.5L)
- 80DHealth insurance (₹25K-50K)
- HRAHouse rent allowance
- 80CCD(1B)NPS extra ₹50K
- 24(b)Home loan interest (₹2L)
New Regime is Better
Save ₹65,000
Pick the regime below to file your ITR
Best Tax
₹1,30,000
In-Hand
₹13,70,000
Effective Rate
8.7%
Side-by-Side Comparison
See exactly how each regime calculates your tax
₹1,30,000
₹1,95,000
Insight
Your deductions are too low to make Old Regime worth it. To break even, you would need at least ₹25,000 in deductions.
Pro Tip
- •New regime is simpler and better if you don't have many deductions.
- •Old regime is better if you claim 80C (₹1.5L), 80D, HRA, and home loan interest.
- •Section 87A rebate: zero tax up to ₹7L (new) or ₹5L (old) taxable income.
- •You can switch between regimes every year if you have only salary income.
What is Income Tax (Old vs New)?
Income Tax in India is calculated based on your annual income and the tax regime you choose. The Indian government offers two regimes: the Old Regime (with deductions) and the New Regime (lower rates, no deductions). For FY 2025-26, the New Regime is the default. This calculator helps you compare both regimes and pick the one that saves more tax based on your income and deductions.
How to Use
- 1Enter your annual CTC (cost to company)
- 2Add your total deductions (80C, 80D, HRA, home loan interest, etc.)
- 3See instant comparison between Old and New regime
- 4The calculator highlights the WINNER regime that saves you more tax
- 5Use this info to choose your regime when filing ITR
Formula
New Regime: Tax = Slab-wise tax on (Income - ₹75K standard deduction)
Old Regime: Tax = Slab-wise tax on (Income - ₹50K - other deductions)
Final: Tax + 4% Health & Education cessFrequently Asked Questions
New regime is better if you don't have many deductions (rent, 80C, home loan). Old regime is better if you can claim ₹2L+ in deductions including 80C (₹1.5L), 80D (₹25K-50K), HRA, and home loan interest (₹2L). Use this calculator to see exactly which one saves you more.