Income Tax Calculator (Old vs New Regime)
Compare your income tax under the old and new regimes.
About this calculator
This calculator works out your tax under both regimes and tells you which one is lower. The new regime has lower slab rates and a standard deduction, plus a rebate that makes income up to about ₹12.75 lakh tax-free for a salaried person. The old regime allows deductions such as 80C, 80D and HRA. The slabs are stored in the config file so they can be updated every year.
Results are estimates for information only. Please confirm important decisions with a qualified professional.
Frequently asked questions
Which regime is better?
It depends on your deductions. If your deductions are high (home loan, 80C, HRA), the old regime can win. Otherwise the new regime is usually better.
Are the slabs up to date?
Please verify them on incometax.gov.in for the current year. Surcharge for very high incomes is not included.