Income Tax Calculator
Compare old vs new tax regime and find which saves you more money.
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About this tool
How to use Income Tax Calculator
- 1Enter your annual gross income
- 2Select your age group (below 60, 60–80, or above 80)
- 3Select the financial year (FY 2024-25 or FY 2025-26)
- 4View tax calculated under both regimes with a side-by-side comparison
Frequently Asked Questions
Which tax regime is better — old or new?
It depends on your deductions. If you have significant deductions like HRA, 80C investments, home loan interest, etc., the old regime may save more. The new regime is better if you have fewer deductions and prefer simplicity.
What is the standard deduction in FY 2025-26?
Under the new regime for FY 2025-26, the standard deduction is ₹75,000. Under the old regime, it remains ₹50,000.
Is there any tax on income up to ₹7 lakh under the new regime?
Under the new regime for FY 2025-26, there is zero tax on income up to ₹12 lakh due to the enhanced rebate under Section 87A.
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