Income Tax Calculator - Old vs New Regime | FY 2025-26 Tax Calculator
Compare your income tax under old and new tax regimes for FY 2025-26. Enter your income and deductions to see slab-wise breakdown, cess, and which regime saves you more.
Income Details
Tax Comparison � FY 2025-26
Slab-wise Tax Breakdown
Old Regime
| Income Slab | Rate | Tax |
|---|
New Regime
| Income Slab | Rate | Tax |
|---|
Income Tax Calculator - Guide
Old vs New Tax Regime � Key Differences
The Old Regime allows deductions like 80C, 80D, HRA, home loan interest, etc., which can significantly reduce taxable income. The New Regime (default from FY 2023-24) offers lower slab rates but does not allow most deductions. A standard deduction of 75,000 is available under the new regime. Use our Salary Calculator to see how income tax impacts your take-home pay.
New Regime Tax Slabs � FY 2025-26
- Up to 4,00,000 � Nil
- 4,00,001 � 8,00,000 � 5%
- 8,00,001 � 12,00,000 � 10%
- 12,00,001 � 16,00,000 � 15%
- 16,00,001 � 20,00,000 � 20%
- 20,00,001 � 24,00,000 � 25%
- Above 24,00,000 � 30%
Standard Deduction: 75,000
Rebate u/s 87A: Full rebate for taxable income up to 12,00,000 (tax payable becomes nil)
Old Regime Tax Slabs � FY 2025-26
For individuals below 60:
- Up to 2,50,000 � Nil
- 2,50,001 � 5,00,000 � 5%
- 5,00,001 � 10,00,000 � 20%
- Above 10,00,000 � 30%
Standard Deduction: 50,000
Rebate u/s 87A: Up to 12,500 for taxable income = 5,00,000
How Our Tax Calculator Works
- Gross Income: Enter your total annual income before any deductions.
- Age Group: Select your age bracket � senior citizens get higher exemption limits under old regime.
- Deductions: Enter your deductions (80C, 80D, HRA, NPS, home loan interest, etc.) � these apply only to the old regime.
- Comparison: See side-by-side tax calculation for both regimes including cess and effective tax rate.
- Recommendation: The calculator highlights which regime saves you more tax.