Income Tax Calculator (Old vs New Regime)

FY 2025-26 (AY 2026-27). Side-by-side comparison so you know exactly which regime saves you the most.

Inputs

Your result

Pick the New regime

Picking the new regime saves you ₹19,760 this year vs the alternative. That's 1.3% of your gross income, claimed legally and on time.

Old regime tax
₹1.5 lakh
New regime tax
₹1.3 lakh
Old regime taxable
₹11.05 lakh
New regime taxable
₹14.25 lakh

If you SIP'd the ₹19,760 saved every year at 12%

₹16.45 lakh

Over 20 years. A single regime choice, compounded for two decades.

The 30-second rule of thumb

If your total deductions in the old regime (80C + 80D + HRA exempt + home-loan interest + 80CCD(1B) + standard deduction) add up to more than ₹3.75 lakh, the old regime almost certainly wins. Below ₹2 lakh in deductions, the new regime wins. In between, run the calculator — it's why this exists.

The ₹50,000 nobody talks about: 80CCD(1B)

Section 80CCD(1B) gives you an extra ₹50,000 deduction for NPS contributions, on top of the ₹1.5 lakh 80C limit. It's the most-missed tax saving in Indian salaried income because employers don't auto-enrol you. If you're in the 30% bracket and you contribute ₹50k to NPS, you save ₹15,600 in tax that year — guaranteed return on a forced investment.

What this calculator does NOT include

  • Capital gains (separate slabs). Use the Capital Gains Calculator.
  • Surcharge on income above ₹50 lakh (10-37% additional, depending on bracket).
  • State professional tax (₹2,400/year in most states).
  • Rebates for specific cases like 80EE/80EEA (first-time home buyers).