Income Tax Calculator
Old regime vs new regime, side by side, for FY 2025-26.
Under the new regime for FY 2025-26 there is no tax up to ₹12 lakh of income (₹12.75 lakh for salaried, after the ₹75,000 standard deduction), with slabs rising to 30% above ₹24 lakh. The old regime keeps deductions such as 80C, 80D and HRA but taxes 30% above ₹10 lakh. The regime with lower total tax depends on how much you actually claim.
Your Inputs
New regime tax
New regime tax
₹97.5 K
Old regime tax
₹1.79 L
Old regime tax
₹1,79,400
New regime saves
₹81,900
How this works
The new regime is now the default
Since FY 2023-24 the new regime applies unless you opt out. Salaried taxpayers can switch each year while filing; business and professional income can opt out of the new regime only once, and switching back is then permanent.
What the new regime does allow
The ₹75,000 standard deduction, employer NPS contribution under 80CCD(2) up to 14% of basic, EPF employer contribution, gratuity and leave encashment exemptions, and home loan interest on a let-out property. It removes 80C, 80D, HRA, LTA and self-occupied home loan interest.
Marginal relief near ₹12 lakh
With income slightly above ₹12 lakh, the 87A rebate falls away and tax would exceed the extra income. Marginal relief caps your tax at the amount by which income exceeds ₹12 lakh, so a ₹12.10 lakh income pays about ₹10,000, not ₹61,500.
Frequently asked questions
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