🧮

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.

Financial Year

Age Category

Income from Salary (CTC / Gross)

₹

Exempt Allowances (Old Regime)(HRA, LTA etc.)

₹

Income from Interest(FD, savings etc.)

₹

Rental Income Received

₹

Home Loan Interest — Self Occupied(max ₹2L deduction)

₹

Home Loan Interest — Let Out Property

₹

Income from Digital Assets (VDA)(Crypto, NFT)

₹

Other Income

₹

80C — ELSS, PPF, PF, LIC etc.(max ₹1.5L)

₹

80CCD(1B) — NPS Additional(max ₹50K)

₹

80CCD(2) — Employer NPS Contribution

₹

80TTA — Savings Interest(max ₹10K)

₹

80D — Medical Insurance Premium(max ₹25K (self))

₹

80E — Education Loan Interest(full amount)

₹

80EEA — Affordable Housing Loan(max ₹1.5L)

₹

80G — Donations to Charity

₹

Tax Comparison — FY 2025-26 (AY 2026-27)

New Regime saves ₹1.64 L

Old 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

🆕

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.

💡

Standard Deduction

Old Regime: ₹50,000 standard deduction. New Regime: ₹75,000 (increased in Budget 2024, effective from FY 2024-25).

🔄

Switching Regimes

Salaried employees can switch between regimes each year. Business income earners can switch only once from Old to New Regime.

🧮

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.

Financial Year

Age Category

Income from Salary (CTC / Gross)

₹

Exempt Allowances (Old Regime)(HRA, LTA etc.)

₹

Income from Interest(FD, savings etc.)

₹

Rental Income Received

₹

Home Loan Interest — Self Occupied(max ₹2L deduction)

₹

Home Loan Interest — Let Out Property

₹

Income from Digital Assets (VDA)(Crypto, NFT)

₹

Other Income

₹

80C — ELSS, PPF, PF, LIC etc.(max ₹1.5L)

₹

80CCD(1B) — NPS Additional(max ₹50K)

₹

80CCD(2) — Employer NPS Contribution

₹

80TTA — Savings Interest(max ₹10K)

₹

80D — Medical Insurance Premium(max ₹25K (self))

₹

80E — Education Loan Interest(full amount)

₹

80EEA — Affordable Housing Loan(max ₹1.5L)

₹

80G — Donations to Charity

₹

Tax Comparison — FY 2025-26 (AY 2026-27)

New Regime saves ₹1.64 L

Old 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

🆕

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.

💡

Standard Deduction

Old Regime: ₹50,000 standard deduction. New Regime: ₹75,000 (increased in Budget 2024, effective from FY 2024-25).

🔄

Switching Regimes

Salaried employees can switch between regimes each year. Business income earners can switch only once from Old to New Regime.

Income Tax Calculator

New Regime Default

Standard Deduction

Switching Regimes

Stay Updated with Tax Insights

Income Tax Calculator

New Regime Default

Standard Deduction

Switching Regimes