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Compare tax liability between Old and New Tax Regime for FY 2024-25 & FY 2025-26 with Section 87A rebate.
Saves ₹72,800 compared to other regime
Calculations follow official federal and central bank guidelines (IRS, RBI), statutory tax provisions, and standardized actuarial compounding.
Why our math is exact vs other portals →The Income Tax Calculator (Old vs New Regime) is built to eliminate financial ambiguity by applying exact Indian financial mathematics rather than generic, oversimplified online estimates.
Whether evaluating interest liability on bank credit, calculating compounding acceleration on systematic investments, or forecasting net post-tax maturity values, accurate forecasting ensures you never misjudge your cash flow or long-term corpus.
Under New Regime, income up to ₹7.75 Lakhs for salaried (₹7L + ₹75k standard deduction) has zero tax due to Section 87A rebate.
Outdated tax slabs or omitting the latest standard deduction ₹75,000
Budget 2024 & Finance Act updated: ₹75,000 standard deduction, Section 87A ₹7 Lakh threshold, and post-budget capital gains.
In India, retail lending follows RBI guidelines on reducing balance compounding and External Benchmark Linked Lending Rates (EBLR/RLLR). Fixed deposits follow RBI quarterly compounding mandates, while mutual fund equity investments adhere to SEBI NAV timing and post-Budget 2024 capital gains tax provisions (12.5% LTCG over ₹1.25L).
₹15,00,000 salaried income with ₹1.5L 80C and ₹25k 80D.
New Regime Tax = ₹1,30,000 (saves ₹70,000+ compared to Old Regime).
New Regime includes ₹75,000 standard deduction for salaried employees and Section 87A full tax rebate up to ₹7,00,000.
| Income Bracket | New Tax Regime Rate | Old Tax Regime Rate | Deductions Permitted? |
|---|---|---|---|
| ₹0 to ₹3,00,000 | Nil | Nil | Tax Free |
| ₹3,00,001 to ₹5,00,000 | 5% | 5% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹5,00,001 to ₹6,00,000 | 5% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹6,00,001 to ₹7,00,000 | 10% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹7,00,001 to ₹9,00,000 | 10% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹9,00,001 to ₹10,00,000 | 15% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹10,00,001 to ₹12,00,000 | 15% | 30% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹12,00,001 to ₹15,00,000 | 20% | 30% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| Above ₹15,00,000 | 30% | 30% | Old: 80C, 80D, HRA | New: Std ₹75k only |
Yes! In the New Tax Regime, taxable income up to ₹7 Lakhs receives a full rebate under Section 87A. With the ₹75,000 standard deduction, a salaried employee earning up to ₹7,75,000 pays ₹0 income tax.
Calculate exact monthly take-home salary from your annual CTC after EPF, PT, and Income Tax deductions.
Calculate your tax-exempt HRA amount under Section 10(13A) of the Income Tax Act.
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Compare Equity Linked Savings Schemes (ELSS) against PPF, NSC, and 5-year tax-saving FDs for Section 80C tax deduction in the Old Regime.
Discover which tax regime saves you more money based on your CTC, standard deduction of ₹75,000, 80C deductions, and HRA exemptions.
Complete breakdown of Section 87A rebate rules under both Old and New Tax Regimes, marginal relief calculations, and eligibility criteria.
Deepen your financial planning across interconnected tools. Every calculator within this cluster shares statutory logic and standardized Indian financial formulas.