Compare your income tax liability under the Old and New tax regimes side-by-side, and find out which regime saves you more money.
How to Use the Old vs New Tax Regime Calculator
Enter your "Annual Gross Income (₹)".
Enter your "Total Deductions" - the sum of exemptions/deductions like 80C, 80D, HRA exemption, and home loan interest, which apply only under the Old Regime.
Click "Compare Regimes" to see the taxable income and tax payable under both regimes, and which one saves you more.
Frequently Asked Questions
This calculator applies a ₹50,000 standard deduction under the Old Regime, and a ₹75,000 standard deduction under the New Regime, before applying the respective slab rates.
Most common deductions like 80C, 80D, and HRA exemption are not available under the New Regime (other than the standard deduction), so this calculator only subtracts your entered deductions from the Old Regime's taxable income.
No, this is an illustrative estimate using standard slabs and a flat 4% Health and Education Cess. It doesn't account for surcharge on very high incomes, rebates under Section 87A, or other case-specific rules. Please consult a tax professional or the official Income Tax Department tools for exact figures.
Yes, it's completely free and requires no sign-up.