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HomeCalculatorIncome Tax Calculator (Old vs New Regime)

Income Tax Calculator (Old vs New Regime)

Financial year
Age group (affects Old regime slabs only)
Gross annual salary income
Income from other sources

These deductions apply only to the Old regime. The New regime applies only the standard deduction (₹75,000).

Section 80C (PPF, ELSS, life insurance, etc.)
Section 80D (health insurance premium)
Section 80CCD(1B) (additional NPS)
HRA exemption
Home loan interest — Section 24(b)
Section 80TTA (savings interest)
Other deductions (80G, 80E, etc.)

New regime saves you ₹1,63,800 per year.

Old Regime

Taxable income₹11,50,000
Tax before cess₹1,57,500
Rebate (Sec 87A)₹0
Surcharge₹0
Health & Education cess₹6,300
Total tax₹1,63,800
Effective tax rate13.65%
Est. monthly in-hand₹86,350
Recommended

New Regime

Taxable income₹11,25,000
Tax before cess₹0
Rebate (Sec 87A)- ₹52,500
Surcharge₹0
Health & Education cess₹0
Total tax₹0
Effective tax rate0.00%
Est. monthly in-hand₹1,00,000

Tax paid vs. take-home

Tax
Take-home

Slab-wise computation

Income slabRateTaxable amountTax
₹0 - ₹4.00L0%₹4,00,000₹0
₹4.00L - ₹8.00L5%₹4,00,000₹20,000
₹8.00L - ₹12.00L10%₹3,25,000₹32,500
₹12.00L - ₹16.00L15%₹0₹0
₹16.00L - ₹20.00L20%₹0₹0
₹20.00L - ₹24.00L25%₹0₹0
Above ₹24.00L30%₹0₹0