Old vs new regime for FY 2025-26 and 2026-27 — see which saves you more, with the full working.
Rates for FY 2025-26 & 2026-27 — Budget 2026 kept them unchanged.
15.00 lakh a year · ₹1,25,000 a month
Allowed in both regimes, within your employer's limit (a % of basic salary).
The old regime wins only if your old-regime deductions go above ₹5,43,900 (plus the standard deduction). You've entered ₹1,75,000.
6.5% of income · ₹8,125 a month
| Slab | Rate | Tax |
|---|---|---|
| ₹0 – ₹4,00,000 | 0% | ₹0 |
| ₹4,00,000 – ₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,000 – ₹12,00,000 | 10% | ₹40,000 |
| ₹12,00,000 – ₹16,00,000 | 15% | ₹33,750 |
13.5% of income · ₹16,900 a month
| Slab | Rate | Tax |
|---|---|---|
| ₹0 – ₹2,50,000 | 0% | ₹0 |
| ₹2,50,000 – ₹5,00,000 | 5% | ₹12,500 |
| ₹5,00,000 – ₹10,00,000 | 20% | ₹1,00,000 |
| ₹10,00,000 – above | 30% | ₹82,500 |
An estimate for income taxed at normal slab rates. Capital gains, and the rules for them, aren't included. Confirm with Form 16 or a chartered accountant before you file.
This is an estimate based on standard financial formulas and the numbers you enter — it doesn’t account for every fee, tax rule, or lender-specific term, and isn’t a substitute for advice from a qualified financial professional. Read the full disclaimer. Formula last reviewed September 2026.
Since the new tax regime became the default, deciding between it and the old regime has become a genuine calculation, not a formality — and the right answer depends entirely on your actual income and how many deductions you can claim. This calculator runs both regimes on the same income at once and marks whichever comes out cheaper, so the comparison is based on your real numbers instead of a generic rule of thumb that may not apply to you.
The rates for FY 2025-26 (AY 2026-27), which Budget 2026 kept unchanged for tax year 2026-27. New regime: nil up to ₹4 lakh, then 5%, 10%, 15%, 20%, 25% in ₹4 lakh steps, and 30% above ₹24 lakh. Old regime: nil up to ₹2.5 lakh (₹3 lakh for 60–79, ₹5 lakh for 80+), 5%, 20%, and 30% above ₹10 lakh. Rates are from the Income Tax Department's official summary.
Yes, for income taxed at normal slab rates. The Section 87A rebate of up to ₹60,000 cancels the tax on taxable income up to ₹12 lakh — so a salary up to ₹12.75 lakh pays nothing after the standard deduction. Just above ₹12 lakh, marginal relief caps your tax at the amount your income exceeds ₹12 lakh, so earning a little more never leaves you worse off.
Whichever costs less for your real income and deductions — the result shows the saving and the break-even: the amount of old-regime deductions at which both regimes cost the same. Most people with modest deductions pay less in the new regime; people with large HRA, home loan interest and 80C claims can still save with the old one.
The new regime doesn't allow most deductions — 80C, 80D, HRA, 80CCD(1B) and home loan interest on a self-occupied home. It does allow the standard deduction for salaried people and pensioners, and the employer's NPS contribution under 80CCD(2), which is why that field counts in both.
Yes. Surcharge of 10%, 15% and 25% applies above ₹50 lakh, ₹1 crore and ₹2 crore (37% above ₹5 crore in the old regime; the new regime is capped at 25%), with marginal relief at each threshold. A 4% health and education cess is added to the tax plus surcharge.
No — it covers salary, pension, business and other income taxed at normal slab rates. Capital gains taxed at special rates (for example on shares and mutual funds) follow separate rules and don't get the ₹12 lakh rebate, so check those with a chartered accountant.
No. Every calculation happens in your browser — nothing you enter is sent to or stored on a server.
