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Home›Old vs New Tax Regime Calculator

Old vs New Tax Regime Calculator

Compare old and new income tax regimes for FY 2025-26. Find out which saves you more tax based on your income and deductions.

Deductions (Available in Old Regime Only)

Max ₹1,50,000

Max ₹50,000

Max ₹2,00,000

New Regime saves you more
₹59,800 saved
ParameterOld RegimeNew Regime
Gross Income₹12,00,000₹12,00,000
Total Deductions₹4,75,000₹75,000
Taxable Income₹7,25,000₹11,25,000
Income Tax₹57,500₹0
Cess (4%)₹2,300₹0
Total Tax Payable₹59,800₹0
Disclaimer: This calculator is for illustration only. Surcharge for income above ₹50L is not included. Consult a CA for accurate tax planning.

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Frequently Asked Questions

Which tax regime is better for me?▼
If your total deductions (80C + 80D + HRA + others) exceed ₹3.75 lakh, old regime usually saves more. Otherwise, the new regime with lower slab rates is better. Use this calculator to compare.
What changed in Budget 2025 for new regime?▼
Budget 2025 made the new regime more attractive: No tax up to ₹12 lakh (raised from ₹7L), standard deduction of ₹75,000, and revised slabs starting at 5% for ₹4-8L.
Can I switch between regimes?▼
Salaried employees can switch every year. Business owners who opt for new regime can switch back only once.
What deductions are available in new regime?▼
Only standard deduction (₹75,000) and NPS employer contribution (up to 14% of salary) are available. 80C, 80D, HRA, and home loan interest are NOT available.
Is 4% cess included?▼
Yes, the calculator includes Health & Education Cess of 4% on income tax in both regimes.
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