Compute and compare income tax under the old and new regimes.
Income & age
Deductions (old regime only)
Side-by-side comparison
| New regime | Old regime | |
|---|---|---|
| Gross income | ₹15,00,000 | ₹15,00,000 |
| Taxable income | ₹14,25,000 | ₹12,75,000 |
| Tax (incl. surcharge & cess) | ₹97,500 | ₹2,02,800 |
Saving by choosing new regime
₹1,05,300
This Indian income tax calculator computes tax under both the new regime (default) and the old regime for the financial year 2025-26, and tells you which one keeps more money in your pocket.
Standard deduction of ₹75,000 and Section 87A rebate up to ₹60,000 (covering tax for income up to ₹12,00,000) make the effective break-even around ₹12,75,000.
The old regime retains a wider deduction menu — 80C (up to ₹1.5L), 80CCD(1B) NPS (₹50k), 80D health premium, HRA, home loan interest under Section 24, and more — but with higher slab rates. It still wins for taxpayers who fully utilise these deductions.
Surcharge and 4% health & education cess are added on top of base tax in both regimes for incomes above ₹50L.