Income Tax Calculator
Compare Old vs New tax regime — FY 2026-27 (AY 2027-28)
Includes 4% health & education cess. Does not include surcharge. For estimation only — consult a CA for precise figures.
Old vs New Tax Regime
Which regime is better?
The new regime is better if you have fewer deductions. The old regime is better if you maximise 80C (₹1.5L), HRA, and other exemptions. This calculator shows you exactly which one saves more for your situation.
New Regime slabs (FY 2026-27)
Up to ₹4L — Nil · ₹4L–₹8L — 5% · ₹8L–₹12L — 10% · ₹12L–₹16L — 15% · ₹16L–₹20L — 20% · ₹20L–₹24L — 25% · Above ₹24L — 30%. Standard deduction of ₹75,000 applies. Taxable income up to ₹12L is fully tax-free through the rebate, so salaried income up to ₹12.75L pays no tax.
Old Regime slabs (FY 2026-27)
Up to ₹2.5L — Nil · ₹2.5L–₹5L — 5% · ₹5L–₹10L — 20% · Above ₹10L — 30%. Standard deduction of ₹50,000 applies. All deductions (80C, HRA, etc.) available. Taxable income up to ₹5L is tax-free through the rebate. Budget 2026 made no change to either regime's slabs.