Income Tax Calculator
Compare tax liability between Old and New Regime instantly.
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*Applicable mostly for Old Regime
New Regime Tax
₹ 0
Std. Deduction: ₹75k included
Old Regime Tax
₹ 0
Std. Deduction: ₹50k included
Tax Liability Comparison
Old vs New Tax Regime: Which is Better?
The Indian Income Tax system currently offers two regimes. The **New Regime** offers lower tax rates but disallows most exemptions and deductions (like HRA, 80C). The **Old Regime** has higher rates but allows you to claim deductions to lower your taxable income.
New Tax Regime Slabs (FY 2025-26)
| Income Range | Tax Rate |
|---|---|
| Up to ₹3 Lakh | Nil |
| ₹3L - ₹7L | 5% |
| ₹7L - ₹10L | 10% |
| ₹10L - ₹12L | 15% |
| ₹12L - ₹15L | 20% |
| Above ₹15L | 30% |
Common Deductions (Old Regime)
- Section 80C: Up to ₹1.5 Lakh (PPF, EPF, LIC, ELSS).
- Section 80D: Medical Insurance Premium.
- HRA: House Rent Allowance exemptions.
- Section 24(b): Home Loan Interest deduction (up to ₹2 Lakh).