New vs Old Tax Regime Calculator

New vs old tax regime — which should you pick?

Since the new regime became the default, every salaried Indian faces the same question each year: stick with the old regime and its deductions, or move to the new regime with lower rates but almost no deductions? There's no universal answer — it depends entirely on how much you can legitimately deduct.

The new regime wins for most people who don't claim large deductions, thanks to its wider slabs, ₹75,000 standard deduction and the rebate that makes income up to ₹12 lakh tax-free. The old regime can still win if you max out Section 80C, pay significant home-loan interest, claim HRA and have health insurance — because those deductions shrink your taxable income enough to offset its higher rates. Enter your actual numbers above and this calculator shows the exact tax under each regime and the amount you save by choosing the better one.

This tool assumes a resident individual below 60 and applies the salaried standard deduction when enabled. It's for guidance only — confirm your final numbers with a tax professional or the Income Tax Department's official calculator before filing.