Old vs new regime tax calculator
Enter your salary, other income and, for the old regime, your deductions. See the tax under both regimes for tax year 2026-27 (1 April 2026 to 31 March 2027) and which one costs less.
Before the standard deduction. Enter 0 if you have no salary or pension.
Interest, rent after its own deductions, and other income taxed at slab rates. Leave out capital gains.
The new regime costs ₹1,05,300 less for these numbers.
New regime
Lower tax₹97,500
- Gross income
- ₹15,00,000
- Standard deduction
- − ₹75,000
- Taxable income
- ₹14,25,000
- Tax on slabs
- ₹93,750
- Cess (4%)
- ₹3,750
Old regime
₹2,02,800
- Gross income
- ₹15,00,000
- Standard deduction
- − ₹50,000
- Deductions
- − ₹1,75,000
- Taxable income
- ₹12,75,000
- Tax on slabs
- ₹1,95,000
- Cess (4%)
- ₹7,800
Tax year 2026-27, resident individual, income at slab rates only.
Estimates for illustration only, based on the numbers you enter. Your bank or lender may calculate differently. This is not financial, tax or legal advice.
An estimate for a resident individual, based only on what you enter. It is not tax advice. Check your return or ask a chartered accountant before you decide.
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Join the betaHow it's calculated
Tax year 2026-27 under the Income-tax Act, 2025, which applies from 1 April 2026. Budget 2026 kept the slabs unchanged.
New regime: nil up to ₹4 lakh, 5% to ₹8 lakh, 10% to ₹12 lakh, 15% to ₹16 lakh, 20% to ₹20 lakh, 25% to ₹24 lakh and 30% above. A standard deduction of ₹75,000 applies to salary or pension. If taxable income is ₹12 lakh or less, a rebate of up to ₹60,000 makes the tax nil; just above ₹12 lakh, the tax cannot exceed the income above ₹12 lakh (marginal relief).
Old regime: nil up to ₹2.5 lakh (₹3 lakh at age 60–79, ₹5 lakh at 80 or more), 5% to ₹5 lakh, 20% to ₹10 lakh and 30% above. Standard deduction ₹50,000. A rebate of up to ₹12,500 applies if taxable income is ₹5 lakh or less. Deductions you enter are capped where the law sets a single limit: ₹1.5 lakh for 80C-type savings, ₹2 lakh for self-occupied home-loan interest and ₹50,000 for your extra NPS contribution.
Surcharge: 10% above ₹50 lakh, 15% above ₹1 crore, 25% above ₹2 crore and 37% above ₹5 crore (the new regime stops at 25%), with marginal relief at each step. Then 4% health and education cess on tax plus surcharge.
Results are rounded to the rupee; returns round taxable income and tax to the nearest ₹10, so your return may differ by a few rupees.
Questions
Which regime should I choose?
The one that costs you less tax for your own income and deductions. The new regime is the default. Salaried people can choose each year when filing the return; people with business income have fewer chances to switch. Confirm your case with a chartered accountant.
What does this calculator leave out?
Capital gains and other income taxed at special rates, agricultural income, employer NPS contributions, deductions with income-based limits (such as donations), and the rules for non-residents. If any of these apply to you, the result will not be complete.
Why are the section numbers different from 80C, 87A and 115BAC?
The Income-tax Act, 2025 replaced the 1961 Act from 1 April 2026 and renumbered most sections. This page uses the familiar names so the fields are easy to recognise; the limits are the same.