Income Tax Calculator FY 2025-26 — Old vs New Regime

Enter gross salary, exemptions (LTA, HRA), home loan interest under Section 24, and Chapter VI-A deductions such as 80C, 80D, and NPS. Exemptions and most deductions apply only under the old tax regime. The new regime is simpler but offers fewer deduction options.

Compare old vs new regime with salary, exemptions, and Chapter VI-A deductions. The new regime offers a ₹75,000 standard deduction and updated slabs with Section 87A rebate for income up to ₹12 lakh. The old regime keeps ₹50,000 standard deduction plus full exemptions and deductions. Salaried employees must choose one regime each financial year.

The old regime often suits taxpayers with high HRA, home loan interest, 80C investments (PPF, ELSS, LIC), health insurance under 80D, or NPS contributions. If you claim little or no deductions, the new regime may result in lower tax.

• Salary ₹12L + 80C ₹1.5L + 80D ₹25k → compare old vs new regime
• HRA ₹1.5L + home loan interest ₹2L → see old regime benefit

This is an estimate for planning only. Actual tax depends on your exact salary structure, employer benefits, surcharge, and special cases. Consult a chartered accountant or use the official income tax portal for ITR filing.

1. 1
   Step 1

   Enter gross salary and common exemptions.

2. 2
   Step 2

   Add Chapter VI-A deductions for old regime.

3. ✓
   Final answer

   Compare tax under old and new regime side by side.

1. 1

   Locate the calculator form at the top of this page.

2. 2

   Enter your values using the units shown (₹, %, years, or as labelled).

3. 3

   Review the instant result, charts, or schedules in the output panel.

4. 4

   Adjust inputs to compare scenarios before making a financial decision.

• Free to use with instant browser-based results — no signup.

• Built for Indian rates, tax years, and units.

• Includes worked examples and FAQs on every page.

• FY 2025-26 slab rates for resident individuals.

• Standard deduction ₹75,000 (new) / ₹50,000 (old).

• Section 87A rebate modelled where applicable.

• Surcharge above ₹50 lakh income not fully modelled — consult CA for high earners.

• Switch regimes each year — pick whichever gives lower tax for that FY.

• Employer NPS (80CCD2) can still help in new regime.

• HRA exemption requires metro/non-metro rent details — enter actual components.

• Assuming 80C deductions apply in new regime — most do not.

• Forgetting standard deduction is automatic in both regimes for salaried employees.

• Old vs new tax regime for FY 2025-26 — which should you pick?Compare India’s old and new income tax regimes with slab rates, rebates, and worked salary examples.Read guide →

• Income Tax Department — incometax.gov.in
• Finance Act 2025 — FY 2025-26 slab rates
• Income Tax Departmentincometax.gov.in

Compare old vs new regime tax for FY 2025-26 before declaring your choice to your employer. Use official portal for final ITR filing.