Calculator
Income Tax Calculator
Compare your tax liability under the Old and New regime for FY 2025-26. See which regime saves you more tax and plan your deductions accordingly.
₹
₹3,00,000₹1,00,00,000
Tax (New Regime)
₹0
Effective rate: 0.0%
Monthly Tax Outgo
₹0
From ₹1,00,000/mo gross salary
Tax Under Old Regime
₹48,880
Tax Under New Regime
₹0
Better for you
You are on the better regime. You save ₹48,880 compared to the old regime.
Old vs New Tax Regime (FY 2025-26)
The new tax regime offers lower slab rates but removes most deductions (80C, 80D, HRA, etc.). The old regime has higher rates but lets you claim deductions. Choose the one that results in lower tax for your situation.
When is Old Regime Better?
- You claim HRA exemption (live in rented accommodation)
- You max out 80C with PPF, ELSS, or LIC premiums
- You have health insurance premiums under 80D
- You pay home loan interest (Section 24)
When is New Regime Better?
- You have no major deductions to claim
- You live in your own house (no HRA)
- Income below ₹12 lakh gets full rebate under new regime
- Simpler filing with no documentation required