Old vs New tax regime calculator
Enter your income and deductions to see your exact tax under both regimes for FY 2025-26 — and find out which one actually saves you money.
| Gross income | {{ incomeFmt }} | {{ incomeFmt }} |
| Standard deduction | {{ oldStdFmt }} | {{ newStdFmt }} |
| Other deductions claimed | {{ oldOtherDeductFmt }} | — |
| Taxable income | {{ oldTaxableFmt }} | {{ newTaxableFmt }} |
| Tax payable (incl. cess) | {{ oldTaxFmt }} | {{ newTaxFmt }} |
How the tax is calculated
Both regimes apply slab rates to your taxable income, then add 4% Health & Education Cess. The new regime has lower rates and a bigger standard deduction, but drops most exemptions and deductions available under the old regime.
New Regime slabs (FY 2025-26)
| Up to ₹4,00,000 | Nil |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Old Regime slabs (below 60 years)
| Up to ₹2,50,000 | Nil |
| ₹2,50,000 – ₹5,00,000 | 5% |
| ₹5,00,000 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Senior citizens (60–80) get a nil slab up to ₹3,00,000, and super senior citizens (80+) up to ₹5,00,000, under the old regime — the 5%/20%/30% rates above those limits stay the same.
Under Section 87A, tax is fully rebated (reduced to zero, before cess) if taxable income is up to ₹12,00,000 in the new regime, or up to ₹5,00,000 in the old regime.
HRA exemption has no fixed rupee cap — it's the least of actual HRA received, rent paid minus 10% of salary, or 40–50% of basic salary, so it can run well past ₹2,00,000 for high earners in metro cities. Home loan interest, by contrast, is capped at ₹2,00,000 a year for a self-occupied property under Section 24(b).
"Other exemptions" covers old-regime-only deductions such as the extra ₹50,000 NPS contribution under Section 80CCD(1B), savings account interest under Section 80TTA (up to ₹10,000), education loan interest under Section 80E (no cap), and Leave Travel Allowance (LTA). None of these are available under the new regime.
Above ₹50 lakh, a surcharge of 10%–37% (old regime) or up to 25% (new regime) applies on the tax, with marginal relief so the surcharge never eats more than the extra income earned past each threshold.
Frequently asked questions
{{ f.q }}
{{ f.a }}
Related tools
Know your tax. Now track your take-home.
Saviour tracks every rupee that hits your account after tax — automatically.
Download App