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Income Tax
Income Tax
Income Tax Calculator
Old Regime vs New Regime — live comparison for FY 2025-26 and FY 2024-25. Includes all deductions, 87A rebate, surcharge, cess and slab reference.
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Tax Comparison — FY 2025-26 (AY 2026-27)
New Regime saves ₹1.64 LOld Regime
Taxable Income: ₹11,50,000
Standard Deduction-₹50,000
Chapter VI-A Deductions₹0
Tax on Slabs₹1,57,500
Section 87A Rebate₹0
Surcharge₹0
Health & Education Cess (4%)₹6,300
Total Tax Payable₹1,63,800
New Regime✓ Better
Taxable Income: ₹11,25,000
Standard Deduction-₹75,000
Tax on Slabs₹52,500
Section 87A Rebate-₹52,500
Surcharge₹0
Health & Education Cess (4%)₹0
Total Tax Payable₹0
✅ New Regime saves you ₹1,63,800 — ₹0 tax up to ₹12L income (₹12.75L with std. deduction)
Tax Slab Reference — FY 2025-26 (AY 2026-27)
Old Regime
₹0L – ₹3L0%
₹2.5L – ₹5L5%
₹5L – ₹10L20%
Above ₹10L30%
New Regime FY 2025-26
₹0L – ₹4L0%
₹4L – ₹8L5%
₹8L – ₹12L10%
₹12L – ₹16L15%
₹16L – ₹20L20%
₹20L – ₹24L25%
Above ₹24L30%
★ 87A rebate: zero tax up to ₹12L taxable income
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New Regime Default
New Regime is the default from FY 2023-24. Opt for Old Regime when total deductions + exemptions exceed the break-even threshold.
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Standard Deduction
Old Regime: ₹50,000 standard deduction. New Regime: ₹75,000 (increased in Budget 2024, effective from FY 2024-25).
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Switching Regimes
Salaried employees can switch between regimes each year. Business income earners can switch only once from Old to New Regime.