Income Tax Calculator

Compare your tax liability under old and new regimes for the current assessment year. Enter your income and deductions to see which regime saves you more.

FY 2025-26 (AY 2026-27)

Old Regime

Gross Total Income₹0

Net Taxable Income₹0

Tax on Normal Income₹0
Add: Cess @ 4%₹0

TOTAL TAX PAYABLE0
Effective Tax Rate0.00%

New Regime

BETTER
Gross Total Income₹0

Net Taxable Income₹0

Tax on Normal Income₹0
Add: Cess @ 4%₹0

TOTAL TAX PAYABLE0
Effective Tax Rate0.00%

This calculator is for estimation purposes only. Please consult a tax professional for exact computation. Tax rates are for FY 2025-26 (AY 2026-27).

Frequently Asked Questions

The old regime allows deductions like 80C, 80D, HRA, and LTA but has higher slab rates. The new regime offers lower slab rates with almost no deductions. For most people earning above Rs 15 lakh without significant deductions, the new regime is better.