Old vs New Tax Regime Calculator
Free old vs new tax regime calculator online – compare income tax under both regimes side-by-side and find which regime is best for tax saving in FY 2025-26.
Old vs New Tax Regime Calculator Online
Free Income Tax Calculator — Compare Old Regime vs New Regime Side-by-Side | FY 2025-26
Find which regime is best for tax saving. Enter your income and deductions to instantly compare income tax under old and new regime with smart recommendation.
Enter Your Details
Interest, rent, etc.
Maximize My Savings
Auto-fill common deductions
Old Regime Deductions
New Regime Note: New Regime only allows Standard Deduction of ₹75,000. All other deductions are not applicable.
🎉 New Regime saves you ₹1.64L!
New regime is better because your deductions are low relative to the lower slab rates
Old Tax Regime
Total Tax
₹1,63,800
New Tax Regime
✓ Better OptionTotal Tax
₹0
Tax Breakdown Visual
You pay 0.00% of your income as tax
Monthly Tax
₹0
Monthly In-hand
₹1,00,000
💡 Tax Saving Potential
You have ₹1,50,000 unused 80C limit. Invest ₹1,50,000 more to potentially save ₹46,800 in taxes.
You have ₹25,000 unused 80D limit.
Regime Switch Simulator
See how additional deductions affect your tax
With ₹0 additional deductions, Old Regime tax = ₹1,63,800
You need ₹6,50,001 more in deductions for Old Regime to become better
Which Tax Regime is Best for Tax Saving?
The choice between New and Old Tax Regime depends primarily on your total deductions. If your deductions under the old regime (80C, 80D, HRA, etc.) exceed approximately ₹3.75 lakh for income above ₹15L, the old regime is generally better. For those with fewer investments or just starting their careers, the new regime's lower slab rates often result in lower taxes.
New vs Old Tax Regime Comparison Table
| Feature | New Regime | Old Regime |
|---|---|---|
| Standard Deduction | ₹75,000 | ₹50,000 |
| Section 80C | Not allowed | Up to ₹1.5L |
| Section 80D | Not allowed | Up to ₹25,000 |
| HRA Exemption | Not allowed | Allowed |
| Basic Exemption | ₹4,00,000 | ₹2,50,000 |
| Tax Rebate (87A) | Up to ₹12L income | Up to ₹5L income |
| Best for | Low deductions | High deductions |
How to Save Tax in India
- Maximize Section 80C investments (PPF, ELSS, LIC) — save up to ₹46,800
- Buy health insurance under 80D — save up to ₹7,800
- Claim HRA if you pay rent
- Use NPS (80CCD) for additional ₹50,000 deduction
- Choose the right regime based on your deductions
Frequently Asked Questions
Which tax regime is better for salaried employees?
For salaried employees with significant investments (80C maxed, HRA, 80D), the old regime is often better. If you have minimal deductions or are just starting out, the new regime's lower slab rates may result in lower taxes. Use this calculator to compare both.
Can I switch between tax regimes every year?
Salaried individuals can switch between regimes every financial year when filing their ITR. However, if you have business income, you can switch to the old regime only once. It's advisable to calculate both options each year as your income and investments change.
What deductions are allowed in the new tax regime?
The new tax regime allows only the standard deduction of ₹75,000 for salaried employees. Deductions like 80C, 80D, HRA, LTA, and home loan interest are not available. However, employer's contribution to NPS under 80CCD(2) is still allowed.
Is there a tax rebate under the new regime?
Yes! Under Section 87A, if your taxable income is up to ₹12 lakh under the new regime, you get a full tax rebate — meaning zero tax payable. Under the old regime, this rebate applies if taxable income is up to ₹5 lakh.
Educational Purpose Disclaimer
This calculator is provided for informational and educational estimation purposes only. All calculations and projections are based on standard mathematical formulas and assumed inputs. The output values should not be considered professional financial, legal, tax, or medical advice. ProCalc is not a registered financial advisor or licensed practitioner. Always consult a qualified professional (such as a Chartered Accountant, certified planner, or physician) before making major decisions.
What is the Old vs New Tax Regime Calculator?
This Old vs New Tax Regime Calculator compares your income tax for FY 2025-26. Salaried employees, freelancers, and business owners can instantly see which tax regime saves the most money. It takes less than a minute to check.
The calculator computes your tax under both systems side-by-side. It factors in deductions like 80C, 80D, and HRA for the old regime, and compares it against the new regime's lower tax slabs. You get a direct recommendation on the best option for your income profile.
Who is this for?
- Salaried employees choosing their tax regime for payroll.
- Taxpayers deciding which tax regime to file under ITR.
- Anyone confused about India's old vs new tax rules.
Key Features:
- Side-by-side tax comparison.
- Updated for FY 2025-26 (AY 2026-27) tax rules.
- Smart recommendation engine.
- Switch simulator to find your break-even deduction point.
How Does the Old vs New Tax Regime Calculator Work?
Enter your annual income, age group, and deductions (80C, 80D, HRA, etc.). The old vs new tax regime calculator instantly computes your tax under both regimes using the latest FY 2025-26 slab rates. It then compares the results and recommends the better option based on your specific deduction profile. You can also use the regime switch simulator to see how much additional deductions you would need for the old regime to become beneficial.
Formula & Calculation Method
Tax is calculated using the latest FY 2025-26 slab rates for both regimes.
New Tax Regime Slabs (FY 2025-26):
Up to ₹4L: Nil | ₹4L–8L: 5% | ₹8L–12L: 10% | ₹12L–16L: 15% | ₹16L–20L: 20% | ₹20L–24L: 25% | Above ₹24L: 30%
Standard Deduction: ₹75,000 | Rebate u/s 87A: Zero tax up to ₹12L taxable income
Old Tax Regime Slabs:
Up to ₹2.5L: Nil | ₹2.5L–5L: 5% | ₹5L–10L: 20% | Above ₹10L: 30%
Deductions allowed: 80C (₹1.5L), 80D (₹25K–₹50K), HRA, LTA, 80CCD, and more
4% Health & Education Cess is added to the final tax in both regimes.
Example Calculation
Example 1 — Low Deductions (₹10L income, ₹50K deductions):
Old Regime Tax ≈ ₹1.17L | New Regime Tax ≈ ₹54,600 → New Regime saves ₹62,400
Example 2 — High Deductions (₹15L income, ₹3.5L deductions):
Old Regime Tax ≈ ₹1.56L | New Regime Tax ≈ ₹1.56L → Both regimes are roughly equal
Example 3 — Maximum Deductions (₹20L income, ₹4.5L deductions):
Old Regime Tax ≈ ₹2.60L | New Regime Tax ≈ ₹2.86L → Old Regime saves ₹26,000
Frequently Asked Questions
Tax is calculated using the latest FY 2025-26 slab rates for both regimes. **New Tax Regime Slabs (FY 2025-26):** Up to ₹4L: Nil | ₹4L–8L: 5% | ₹8L–12L: 10% | ₹12L–16L: 15% | ₹16L–20L: 20% | ₹20L–24L: 25% | Above ₹24L: 30% Standard Deduction: ₹75,000 | Rebate u/s 87A: Zero tax up to ₹12L taxable income **Old Tax Regime Slabs:** Up to ₹2.5L: Nil | ₹2.5L–5L: 5% | ₹5L–10L: 20% | Above ₹10L: 30% Deductions allowed: 80C (₹1.5L), 80D (₹25K–₹50K), HRA, LTA, 80CCD, and more 4% Health & Education Cess is added to the final tax in both regimes.
Disclaimer: This financial calculator is provided for educational and estimation purposes only. ProCalc is not a registered financial advisor or SEBI entity. Rates and tax rules may vary.