Income tax calculator: old vs new regime
See which regime saves you more — instantly. Then let a CA find savings the calculator can't.
Deductions (used in old regime only)
EPF, PPF, ELSS, LIC, tuition fees
Exempt portion of house rent allowance
Self-occupied property, Sec 24(b)
Self, family & parents
Additional own NPS contribution
80E, 80G, 80TTA etc.
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New regime
You save ₹1,05,300 a year compared with the old regime.
Taxable income ₹14,25,000 · incl. cess ₹3,750
Taxable income ₹12,75,000 · incl. cess ₹7,800
Estimate for resident individuals below 60. Excludes surcharge and special-rate income like capital gains.
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Tax regime FAQs
If your deductions (80C, HRA, home-loan interest, NPS, 80D) are small, the new regime usually costs less. With large deductions — especially rent in a metro plus a home loan — the old regime can still be cheaper. This calculator shows both side by side.
Under the new regime, a rebate makes the tax nil when taxable income is up to ₹12 lakh. Salaried taxpayers also get a ₹75,000 standard deduction, so salary up to ₹12.75 lakh pays no tax. Special-rate income such as capital gains is treated separately.
It is an estimate for resident individuals below 60, including 4% cess and new-regime marginal relief. It excludes surcharge, capital gains and age-based slabs. For an exact computation, ask our CA team.