Income Tax Estimator — India (Old vs New Regime)
Estimate your income tax liability under both the Old and New tax regimes for FY 2025-26, and see instantly which one saves you more based on your deductions.
💵 Enter Income Details
Up to ₹4L: Nil | ₹4–8L: 5% | ₹8–12L: 10% | ₹12–16L: 15%
₹16–20L: 20% | ₹20–24L: 25% | Above ₹24L: 30%
Standard deduction: ₹75,000 | Rebate u/s 87A: ₹0 tax if income ≤ ₹12L
📊 Tax Comparison
Disclaimer: Results provided by this calculator are for educational and estimation purposes only. They do not constitute formal financial, investment, or tax advice. Actual returns, rates, and tax treatment depend on your specific circumstances and prevailing regulations. Consult a certified financial advisor or chartered accountant before making financial decisions.
Old Regime vs New Regime: How This Estimator Works
India's Old Tax Regime uses higher slab rates but lets you claim deductions (80C, HRA, standard deduction, etc.) to lower your taxable income. The New Tax Regime uses lower slab rates but disallows most deductions. Which one wins depends entirely on how much you can legitimately claim in deductions.
This estimator computes both: it applies your entered deductions against the Old Regime slabs (5% / 20% / 30% above the exemption thresholds), and separately applies the New Regime's lower slabs to your gross income, then shows which regime results in lower tax payable.
Worked Example
Gross income ₹10,00,000 with ₹1,50,000 in deductions (80C, standard deduction, etc.): under the Old Regime, taxable income drops to ₹8,50,000, taxed progressively across the 5%/20%/30% slabs. Under the New Regime, deductions mostly don't apply, but the slabs themselves start lower — for many salaried taxpayers with deductions under ₹2-2.5 lakh, the New Regime now works out cheaper; above that, the Old Regime often still wins. Run your own numbers above since the crossover point depends heavily on your exact deduction total.