FY 2025-26
Income Tax Calculator
Compare Old vs New regime and find which saves you more tax
Income & Deductions
Limit: ₹1,50,000
Self/family limit: ₹1,00,000
Limit: ₹2,00,000
Limit: ₹50,000
Results — FY 2025-26
New Regime saves you ₹76,440
The New Tax Regime with its wider slabs and enhanced ₹12L rebate is more beneficial for your income level. You can skip the hassle of gathering deduction proofs.
Old vs New Regime Comparison
Side-by-side comparison of taxable income, tax payable, and take-home salary
Old Regime Salary Breakdown
New Regime Salary Breakdown
Deduction Breakdown (Old Regime)
Detailed view of all deductions claimed under the Old Tax Regime
| Deduction | Claimed | Limit | Utilised |
|---|---|---|---|
| Standard Deduction | ₹50,000 | ₹50,000 | 100% |
| HRA Exemption | ₹1.20 L | ₹2.40 L | 50% |
| Section 80C (EPF, PPF, ELSS, LIC) | ₹1.50 L | ₹1.50 L | 100% |
| Section 80D (Medical Insurance) | ₹25,000 | ₹1.00 L | 25% |
| Section 24(b) (Home Loan Interest) | ₹0 | ₹2.00 L | 0% |
| NPS 80CCD(1B) | ₹50,000 | ₹50,000 | 100% |
| Other Deductions | ₹0 | ₹2.00 L | 0% |
| Total Deductions | ₹3.95 L | — | — |
Old Regime Slab Breakdown
| Slab | Rate | Income | Tax |
|---|---|---|---|
| 0 - 2.5L | 0% | ₹2.50 L | ₹0 |
| 2.5L - 5L | 5% | ₹2.50 L | ₹12,500 |
| 5L - 10L | 20% | ₹3.05 L | ₹61,000 |
New Regime Slab Breakdown
| Slab | Rate | Income | Tax |
|---|---|---|---|
| 0 - 4L | 0% | ₹4.00 L | ₹0 |
| 4L - 8L | 5% | ₹4.00 L | ₹20,000 |
| 8L - 12L | 10% | ₹3.25 L | ₹32,500 |
Tax Savings Insights
- Your 80C investments of ₹1.50 L save approximately ₹45,000 in the 30% bracket under Old Regime.
- NPS contribution of ₹50,000 under 80CCD(1B) provides additional tax benefit beyond 80C limit.
- You are not claiming home loan interest deduction (24b). If you have a home loan, claiming up to ₹2,00,000 could shift the balance towards Old Regime.
- The New Regime offers a standard deduction of ₹75,000 and full tax rebate up to ₹12L taxable income (FY 2025-26).
Important Note
This calculator provides an indicative comparison based on the FY 2025-26 tax slabs. Actual tax liability may differ based on additional exemptions, allowances (LTA, food coupons), capital gains, other income sources, and specific employer salary structure. The New Regime is the default regime; you need to explicitly opt for the Old Regime while filing returns. Consult a qualified tax professional for personalized tax planning.
Calculator results are for illustration purposes only. Actual returns may vary based on market conditions, fund performance, and other factors. Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. Past performance does not guarantee future returns.