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Compare old vs new tax regime side-by-side. See the slab breakdown and the regime that saves you more.
₹12.00 L
Old Regime Deductions
New Regime
Better ✓₹71,500
Annual tax (incl. cess)
₹5,958/month
Old Regime
₹71,864
Annual tax (incl. cess)
₹5,989/month
Choose New Regime — Save ₹364/year
Annual Tax Comparison
New Regime — Slab Breakdown
Taxable income: ₹11,25,000 (after ₹75K std. deduction)
₹0–3L: 0% | ₹3–7L: 5% | ₹7–10L: 10% | ₹10–12L: 15% | ₹12–15L: 20% | Above ₹15L: 30%. Standard deduction of ₹75,000 applies. Rebate u/s 87A makes income up to ₹7L tax-free.
80C: up to ₹1,50,000 (PPF, ELSS, insurance, home loan principal). 80D: up to ₹25,000 (health insurance). HRA exemption: based on rent paid, basic salary, and city. Standard deduction: ₹50,000.
4% Health & Education Cess applies to total tax under both regimes. Surcharge of 10% applies on income above ₹50L, 15% above ₹1Cr, 25% above ₹2Cr. Surcharge is capped at 25% under the New Regime for income above ₹5Cr.
Old regime is better if you: invest ₹1.5L in 80C + ₹25K in 80D + claim HRA exemption of ₹1L+ per year. The combined deduction often exceeds ₹3.75L breakeven point for most middle-income salaried professionals.
The New Regime is generally better if your total deductions (80C + 80D + HRA + others) are below ₹3.75 lakh per year. If you invest ₹1.5L in 80C, pay significant rent (HRA), and have a home loan — the Old Regime may save more. Use this calculator to compare for your exact numbers.
Under the New Regime for FY 2025-26, salaried employees get a standard deduction of ₹75,000. Combined with the nil-tax rebate on income up to ₹7 lakh (Section 87A), effective tax is ₹0 for income up to ₹7.75 lakh in the new regime.
New regime slabs: ₹0–₹3L (0%), ₹3–₹7L (5%), ₹7–₹10L (10%), ₹10–₹12L (15%), ₹12–₹15L (20%), above ₹15L (30%). Plus 4% health & education cess on total tax. Taxable income is gross income minus ₹75,000 standard deduction.
Salaried employees can switch regimes every financial year when filing their ITR. However, if you have business income, switching back from new to old regime is allowed only once.
No. HRA exemption is only available under the Old Tax Regime. Under the New Regime, your full HRA is added to taxable income. If you pay significant rent, this makes the Old Regime more attractive.
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All calculations are based on Income Tax Act provisions for FY 2025-26. Figures are estimates — consult a Chartered Accountant for personalised tax advice.