Income Tax Calculator
Compare Old vs New Tax Regime 2026
Income Tax Calculator (FY 2026-27)
Find the most tax-efficient option for you
Tax Comparison
Old Regime
Recommended
Gross Income
₹0
Total Deductions
₹0
Taxable Income
₹0
Tax Before Cess
₹0
Cess (4%)
₹0
Total Tax
₹0
New Regime
Gross Income
₹0
Standard Deduction
₹75,000
Taxable Income
₹0
Tax Before Cess
₹0
Cess (4%)
₹0
Total Tax
₹0
Tax Slabs Comparison (FY 2026-27)
| Income Range (₹) | Old Regime Rate | New Regime Rate |
|---|---|---|
| 0 - 2,50,000 | Nil | Nil |
| 2,50,001 - 5,00,000 | 5% | Nil (Rebate u/s 87A) |
| 5,00,001 - 7,50,000 | 20% | 5% |
| 7,50,001 - 10,00,000 | 20% | 10% |
| 10,00,001 - 12,00,000 | 30% | 15% |
| 12,00,001 - 12,50,000 | 30% | Nil (Rebate u/s 87A) |
| 12,50,001 - 15,00,000 | 30% | 20% |
| Above 15,00,000 | 30% | 30% |
Old vs New Tax Regime: Key Differences
Old Regime
- Higher tax rates but allows various deductions (80C, 80D, HRA, LTA, etc.)
- Standard deduction of ₹50,000
- Beneficial if you have significant investments and expenses
- Traditional slabs: 0%, 5%, 20%, 30%
New Regime
- Lower tax rates with fewer deductions
- Standard deduction of ₹75,000
- No deductions except standard deduction and employer contribution to NPS
- More slabs with progressive rates: 0%, 5%, 10%, 15%, 20%, 30%
- Rebate u/s 87A for income up to ₹12 lakh
Which to Choose?
The choice depends on your income level and deductions:
- Low income (below ₹7.5 lakh): New regime is usually better
- High deductions (80C, HRA, etc.): Old regime may be better
- Minimal deductions: New regime is typically better
- Use this calculator to find the best option for you