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Old vs New Tax Regime Calculator

Compare India's two tax regimes side by side and pick the cheaper one.

15 LPA

80C, HRA, home-loan interest, NPS, etc.

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New regime

Saves about ₹97,500 per year vs the other regime

Excludes EPF (a saving, not a tax). Marginal surcharge relief is not modelled.
New regimeOld regime
Standard deduction₹75,000₹50,000
Other deductions₹2,00,000
Income tax + cess₹1,00,000₹1,97,500
Net (take-home)₹13,28,000₹12,30,500

Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources. Always confirm with an official tax authority or a licensed adviser before making decisions.

India runs two parallel income-tax systems. The new regime (now the default) has lower rates and a large §87A rebate that makes income up to ₹12 lakh effectively tax-free, but removes most deductions. The old regime keeps higher rates but lets you claim 80C, HRA, home-loan interest and more.

Enter your salary and the deductions you'd realistically claim, and this calculator computes your tax under both regimes side by side, then tells you which one leaves more in your pocket. Salaried taxpayers can switch regime each year, so it's worth re-checking annually.

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Frequently Asked Questions

+Which tax regime is better in India?

The new regime wins for most people thanks to lower rates and the large rebate. The old regime can win if you claim substantial deductions (80C, HRA, home-loan interest). Compute both — this tool does it instantly.

+Can I switch tax regimes every year?

Salaried individuals can choose their regime each financial year. Those with business income face restrictions on switching back to the new regime once they opt out. Always compare before filing.

Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources (last reviewed June 2026). Always confirm with an official tax authority or a licensed adviser before making decisions.