Income Tax Calculator (Old vs New Regime)
FY 2025–26 (AY 2026–27)Compare your tax liability under the old and new tax regimes for FY 2025-26.
💼 Income & Age Details
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Fixed
Max ₹1,50,000
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Max ₹1,00,000 (Self+Family ₹25,000 + Senior Parents ₹75,000)
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Capped at Gross Income
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Max ₹50,000
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Frequently Asked Questions
Which regime is better: Old or New Regime for FY 2025-26?
For individuals with deductions under ₹3.75 Lakhs, the New Tax Regime is almost universally more beneficial due to its lower slab rates and enhanced standard deduction. However, if you claim large home loan interest (Sec 24b up to ₹2L), Sec 80C (₹1.5L), health insurance, and hefty HRA exemptions, the Old Tax Regime may yield a lower overall tax.
Can salaried employees switch between Old and New regimes each financial year?
Yes. Salaried taxpayers with no business income are free to choose between the Old and New regimes each assessment year at the time of filing their Income Tax Return (ITR) under section 139(1).