Educational tax-planning utility

Old vs New Tax Regime Calculator

Tax year 2026–27 · Income-tax Act, 2025

Enter your annual income and eligible deductions. Your comparison updates as you type. Leave fields that do not apply blank.

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Income-tax residential statusAge during the tax yearEmployer type

Salary & HRA

All amounts are annual, in rupees. For changes in salary, rent or city during the year, calculate eligible HRA period-wise separately.

Annual basic salary + eligible DAUse DA included in retirement benefits for HRA/NPS limits.Annual HRA receivedOther taxable salary / pensionBonus, allowances, taxable perquisites or employer pension. Exclude employer NPS entered separately.Employer NPS contributionAdded to gross salary here, then eligible deduction applied: old 10% private / 14% government; new 14%.Annual rent paid for your residenceCity for HRAProfessional tax actually paid

Investments & deductions

These personal deductions apply to the old regime. Enter only amounts for which you meet the legal eligibility conditions.

Eligible PF, PPF, ELSS, LIC & similar paymentsCombined eligible amount; capped at ₹1.5 lakh. Include NPS falling within the combined cap here.Additional personal NPSCapped at ₹50,000; do not repeat amounts entered above.Eligible health cover: self / spouse / childrenAny insured self / spouse aged 60+?Eligible health cover: parentsAny insured parent aged 60+?Eligible education-loan interestInterest only; eligible lender and time-limit conditions must be met.Verified allowable donation deductionEnter the eligible deduction after 50% / 100% and qualifying limits, not the donation paid.

Interest & other income

Taxable savings-account interestKeep exempt interest, such as eligible NRE interest, out of this field.Taxable bank / post-office deposit interestFD/RD interest is separate from savings interest.Other income taxable at normal slab ratesExclude dividends, family pension, winnings, virtual assets and business/professional income.

House property

A 30% deduction is applied to net annual value. Self-occupied loan interest is considered in the old regime only; up to ₹2 lakh combined property loss can offset other heads there.

Let-out property: annual valueUse taxable annual value after vacancy/deemed-rent adjustments, where applicable.Municipal taxes paid by ownerEligible let-out housing-loan interestEligible self-occupied housing-loan interestSelf-occupied interest limit

Capital gains

Enter gains, not sale proceeds. Use net positive gains after legally permitted loss adjustments and exemptions. The calculator does not determine asset classification, grandfathered costs or loss set-off.

Eligible listed-equity / equity-fund STCGSTT-qualified gains: 20% rate (section 196).Eligible listed-equity / equity-fund LTCGSTT-qualified gains before annual ₹1.25 lakh threshold; 12.5% rate (section 198).Other gains taxable at slab ratesInclude short-term property gains and applicable deemed short-term gains.Other eligible LTCG taxed at 12.5%Net taxable gains after eligible exemptions; section 197. Review pre-23 July 2024 land/building protection separately.

Old regime

₹0Estimated annual tax

New regime

₹0Estimated annual tax

Includes applicable rebate, surcharge, marginal relief and 4% cess. Estimates are rounded to the nearest ₹10.

Detailed comparison

Calculation	Old	New

Tax rules, assumptions & official sources

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For individuals in tax year 2026–27 (1 April 2026 to 31 March 2027), under the Income-tax Act, 2025 as amended by the Finance Act, 2026. New regime: section 202; resident rebate: section 156. Familiar deduction names such as 80C / 80D in general use refer to provisions reorganised under the 2025 Act. Rules checked 5 October 2026.

Salary standard deduction: up to ₹50,000 old / ₹75,000 new. Employer NPS is added once and the eligible deduction is restricted to ordinary income.
Old-regime basic exemption: ₹2.5 lakh; resident age 60–79: ₹3 lakh; resident age 80+: ₹5 lakh. New regime: ₹4 lakh for all. Rebate is available only to residents.
Old-regime rebate up to ₹12,500 at total income up to ₹5 lakh can cover eligible short-term equity and other LTCG tax, but not section 198 equity LTCG tax. New-regime rebate up to ₹60,000 at total income up to ₹12 lakh is restricted to slab-rate tax. Marginal relief above ₹12 lakh is similarly capped.
Resident unused basic exemption is applied once, to equity STCG first, other LTCG next and equity LTCG last. The equity LTCG annual threshold is then applied. Chapter VIII deductions do not reduce special-rate gains; all gains remain included for rebate and surcharge eligibility tests.
Surcharge is capped at 15% on covered capital gains. Enhanced surcharge on ordinary income uses the relevant ordinary-income thresholds. Threshold marginal relief keeps gains fixed and reduces ordinary income. Where that is insufficient, the result flags a separate review and may overstate tax.
Assumes eligible deductions, a single HRA period and correct taxable property annual value. Old-regime property loss beyond ₹2 lakh and carry-forward are not modelled.
Excludes business/professional income, agricultural-rate integration, dividend surcharge treatment, family pension, virtual assets, winnings, foreign-tax credit, treaty/special NRI rates, AMT, arrears relief, tax paid/TDS and interest or penalties. Land/building indexed-tax protection is not included. This is a tax-liability comparison, not a refund calculation.
The new regime is the default. Choosing the old regime requires the applicable valid option and timely filing; a cheaper estimate does not establish eligibility.

Income-tax Act, 2025, amended by Finance Act 2026 · Finance Act, 2026: enacted rates and surcharge

Educational purpose and preliminary estimation only. Verify eligibility and the full computation before acting or filing.