Income Tax Calculator
Compare Old vs New tax regime side by side. Includes 80C, 80D, HRA deductions and rebate under Section 87A.
Income & Deductions
FY 2025-26 (AY 2026-27) · Includes standard deduction & 87A rebate
Old regime only — PPF, ELSS, LIC, EPF, etc.
Old regime only
Old regime only
Old regime only — 80E, 80G, home loan interest, etc.
Standard deduction applied automatically: Old ₹50,000 · New ₹75,000
Tax Payable (New Regime)
₹0
You save ₹86,840 vs the other regime
Old Regime
Taxable: ₹8,55,000 · Std. ded. ₹50,000
Total Tax
₹86,840
Tax ₹83,500 + Cess ₹3,340
New Regime
BetterTaxable: ₹11,25,000 · Std. ded. ₹75,000
Total Tax
₹0
Tax ₹0 + Cess ₹0
You save ₹86,840 with the New Regime
New regime: zero tax via §87A rebate (taxable income ≤ ₹12L)
About Income Tax Calculator
Compare Old vs New income-tax regime so you can pick the lower tax bill for your income and deductions.
How it works
Enter income and deductions where relevant. Review tax under both regimes and the better option.
Practical tips
Re-run after salary revisions, home-loan interest or 80C changes.
Important to know
Tax law changes yearly — verify with the latest Finance Act or a CA.
Frequently Asked Questions
- What does this income tax calculator compare?
- It estimates tax under India’s old and new regimes for the inputs you enter so you can see which may cost less.
- Are surcharge and cess included?
- The tool aims to reflect common slabs and cess used in the calculator logic. Verify against the latest Finance Act / IT portal.
- Should salaried people always choose the new regime?
- Not always. If you have large 80C, 80D, HRA, or home-loan interest claims, old regime can still win. Run both scenarios.
- Does this replace filing on the income tax portal?
- No. Use it for planning. File returns with Form 16, AIS, and the official utilities or your CA.
- Are capital gains covered here?
- This page focuses on income-tax regime comparison. Use dedicated CGT tools or a CA for equity, debt, and property gains.