Old vs New Tax Regime Calculator
Enter your salary and deductions to see your exact tax under both regimes for FY 2025-26, including the Rs. 12 lakh rebate and marginal relief.
FY 2025-26 slabs 87A rebate applied Deduction break-even
Gross annual salaryRs. 15,00,000
Deductions you can claim (old regime only)
Section 80C (PF, ELSS, LIC, principal)Rs. 1,50,000
Section 80D health insuranceRs. 25,000
HRA exemptionRs. 0
Home loan interest (Section 24b)Rs. 0
NPS additional (80CCD 1B)Rs. 0
New regime (lower tax)
Standard deductionRs. 75,000
Taxable incomeRs. 14,25,000
Tax incl. cessRs. 97,500
Old regime
Total deductionsRs. 2,25,000
Taxable incomeRs. 12,75,000
Tax incl. cessRs. 2,02,800
The new regime saves you Rs. 1,05,300 this year. With the Rs. 12 lakh rebate threshold and wider slabs since FY 2025-26, the old regime only wins when total deductions are very large, typically above Rs. 4 to 4.5 lakh for mid-range salaries. Your declared deductions of Rs. 2,25,000 fall short of that break-even.
KharchaUdhar Insider Tip Salaried taxpayers can switch regimes every single year at filing time, so run this comparison each April rather than assuming last year's answer still holds. If your employer deducted TDS under the wrong regime, the excess comes back as refund when you file, but the cash sits with the government interest-free until then. Update your regime declaration with payroll in April.
Slabs per Finance Act 2025 for FY 2025-26 onwards, including 87A rebate with marginal relief and 4% cess. Surcharge above Rs. 50 lakh income not modelled. Verify current-year slabs before filing. Indicative only.
KharchaUdhar Insider Tip You can switch regimes every year as a salaried taxpayer, and the decision resets each April. The practical break-even: if your combined 80C, HRA, health insurance and home loan interest deductions cross roughly Rs. 4 to 4.5 lakh, the old regime deserves a serious look; below that, the new regime wins almost mechanically since the 2025 slab changes.