Which is better — Old Regime or New Regime?

It depends on your deductions. If you have significant deductions (80C ₹1.5L, 80D ₹25K-₹1L, HRA, home loan interest, NPS), Old Regime is usually better. If you have few deductions, New Regime is better due to the higher ₹75,000 standard deduction.

What deductions are available in Old Regime?

Old Regime allows: 80C (₹1.5L — PPF, ELSS, LIC), 80D (₹25K-₹1L health insurance), HRA exemption, home loan interest (₹2L), NPS (₹50K under 80CCD(1B)), and more. New Regime has almost no deductions except standard deduction.

What are the New Regime tax slabs for AY 2026-27?

The New Regime slabs are: up to ₹4 lakh nil; ₹4-8 lakh at 5%; ₹8-12 lakh at 10%; ₹12-16 lakh at 15%; ₹16-20 lakh at 20%; ₹20-24 lakh at 25%; and income above ₹24 lakh at 30%. The calculator also applies the ₹75,000 standard deduction and eligible Section 87A rebate.

Which tax year does this calculator use?

This calculator uses the New Regime slabs applicable for FY 2025-26 (AY 2026-27) and the Old Regime slabs. Tax outcomes depend on eligibility and individual circumstances; verify your return with a qualified tax professional.

Income Tax Calculator

Compare Old vs New tax regimes for AY 2026-27 with a slab-wise breakdown.

100% Free No signup required Data stays in your browser

How It Works

1
Enter your annual gross income in rupees.
2
Add deductions under sections 80C, 80D, HRA, NPS, and others.
3
The calculator instantly compares Old Regime vs New Regime tax.
4
View slab-wise breakdown for both regimes side-by-side.
5
See which regime saves you more money and the exact tax difference.

Calculation Formula

Old Regime Tax = Taxable Income × Slab Rate (after eligible deductions)
New Regime Tax = Taxable Income × Slab Rate (after standard deduction)

New Regime Slabs (AY 2026-27):
Up to ₹4L: Nil | ₹4L-₹8L: 5% | ₹8L-₹12L: 10% | ₹12L-₹16L: 15% | ₹16L-₹20L: 20% | ₹20L-₹24L: 25% | Above ₹24L: 30%

Old Regime Slabs (below age 60):
Up to ₹2.5L: Nil | ₹2.5L-₹5L: 5% | ₹5L-₹10L: 20% | Above ₹10L: 30%
Standard Deduction: ₹75,000 (New Regime), ₹50,000 (Old Regime)

All calculations are performed instantly in your browser. No data is sent to any server.

When to Use This Tool

Compare old vs new tax regime before filing ITR

Plan tax-saving investments under 80C and 80D

Calculate TDS on salary

Estimate tax liability for freelancers

Frequently Asked Questions

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Old Regime Tax = Taxable Income × Slab Rate (after eligible deductions) New Regime Tax = Taxable Income × Slab Rate (after standard deduction) New Regime Slabs (AY 2026-27): Up to ₹4L: Nil | ₹4L-₹8L: 5% | ₹8L-₹12L: 10% | ₹12L-₹16L: 15% | ₹16L-₹20L: 20% | ₹20L-₹24L: 25% | Above ₹24L: 30% Old Regime Slabs (below age 60): Up to ₹2.5L: Nil | ₹2.5L-₹5L: 5% | ₹5L-₹10L: 20% | Above ₹10L: 30% Standard Deduction: ₹75,000 (New Regime), ₹50,000 (Old Regime)