Compare New Regime vs Old Regime and see your tax liability instantly.
| Income slab | Tax rate |
|---|---|
| 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% |
Under Section 87A, taxable income up to ₹12,00,000 attracts zero tax in the New Regime (rebate of up to ₹60,000), plus a standard deduction of ₹75,000 on salary income.
| Income slab | Tax rate |
|---|---|
| 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% |
Old Regime rebate under Section 87A applies up to ₹5,00,000 taxable income. Senior and super-senior citizens get higher basic exemption limits, applied automatically above once you select an age category.
It depends on how many deductions you claim. If your 80C, 80D, HRA exemption and home loan interest add up to a large amount, the Old Regime often works out cheaper. If you claim little beyond the standard deduction, the New Regime usually wins. Run both through the calculator above to see your own numbers.
Salaried individuals without business income can choose either regime each financial year when filing their return. Those with business income have more restrictions on switching back and forth.
It's a close estimate for common salaried scenarios. It doesn't include surcharge (applicable above ₹50 lakh income), HRA exemption, or every niche deduction, so treat the result as a planning guide rather than a final figure.
It's a rebate that brings your final tax to zero if your taxable income is below a threshold — ₹12,00,000 in the New Regime and ₹5,00,000 in the Old Regime for FY 2025-26.