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 income tax slabs for AY 2025-26?

For individuals below 60: Up to ₹3L is nil. ₹3-7L at 5%, ₹7-10L at 10%, ₹10-12L at 15%, ₹12-15L at 20%, above ₹15L at 30%. Both regimes have the same slabs, but deductions differ.

Is this calculator updated for the latest budget?

Yes. This calculator uses the Assessment Year 2025-26 (FY 2024-25) tax slabs as announced in the Union Budget 2024.

Income Tax Calculator

Compare Old vs New tax regime side-by-side for AY 2025-26 with 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 (with deductions)
New Regime Tax = Gross Income × Slab Rate (standard deduction only)

Old Regime Slabs (AY 2025-26):
Up to ₹3L: Nil | ₹3L-₹7L: 5% | ₹7L-₹10L: 10% | ₹10L-₹12L: 15% | ₹12L-₹15L: 20% | Above ₹15L: 30%

New Regime Slabs (AY 2025-26):
Up to ₹3L: Nil | ₹3L-₹7L: 5% | ₹7L-₹10L: 10% | ₹10L-₹12L: 15% | ₹12L-₹15L: 20% | Above ₹15L: 30%
Standard Deduction: ₹75,000 (New 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 (with deductions) New Regime Tax = Gross Income × Slab Rate (standard deduction only) Old Regime Slabs (AY 2025-26): Up to ₹3L: Nil | ₹3L-₹7L: 5% | ₹7L-₹10L: 10% | ₹10L-₹12L: 15% | ₹12L-₹15L: 20% | Above ₹15L: 30% New Regime Slabs (AY 2025-26): Up to ₹3L: Nil | ₹3L-₹7L: 5% | ₹7L-₹10L: 10% | ₹10L-₹12L: 15% | ₹12L-₹15L: 20% | Above ₹15L: 30% Standard Deduction: ₹75,000 (New Regime)