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Income Tax Calculator: Old vs New Regime

Put your numbers in once and see the tax under both regimes side by side. Free, no signup.

📅 Rules as of tax year 2026-27 (FY 2026-27)· Income-tax Act, 2025 and Income-tax Rules, 2026 (in force from 1 April 2026) · last verified 6 Oct 2026
A planning estimate using the FY 2025-26 / FY 2026-27 slabs (unchanged between the two years) — rates change every Budget, so treat this as a rough guide and confirm exact figures with your CA before filing. Covers salaried and self-employed (presumptive taxation under 44AD/44ADA) income; if you maintain full books of accounts for a business, this tool won't get that exact — talk to your CA.
🔒 What you enter here is saved anonymously — never linked to your name, email, or phone — so we can see which sections actually help people. Nothing is shared or sold.
Seniors get a higher tax-free limit in the Old Regime
Resident = in India 182+ days this year (or other residency tests)
↑ Choose one to continue — the income question below depends on it
Rules used: tax year 2026-27 (FY 2026-27). Old Regime slabs — under 60: ₹0–₹2.5L nil, ₹2.5L–₹5L 5%, ₹5L–₹10L 20%, above ₹10L 30%; 60–79: ₹0–₹3L nil, ₹3L–₹5L 5%, ₹5L–₹10L 20%, above ₹10L 30%; 80+: ₹0–₹5L nil, ₹5L–₹10L 20%, above ₹10L 30% (rebate to nil up to ₹5L taxable income). New Regime — ₹0–₹4L nil, ₹4L–₹8L 5%, ₹8L–₹12L 10%, ₹12L–₹16L 15%, ₹16L–₹20L 20%, ₹20L–₹24L 25%, above ₹24L 30% (rebate to nil up to ₹12L taxable income, with marginal relief just above it). Surcharge of 10% above ₹50L, 15% above ₹1Cr, 25% above ₹2Cr, 37% above ₹5Cr income (New Regime capped at 25%; capital gains capped at 15%; marginal relief applied), plus 4% cess. Equity capital gains are taxed at a flat 20% (short-term) and 12.5% above ₹1.25L (long-term); other asset types aren't covered. This estimate assumes straightforward salary, rent, interest and listed-equity income and the plain limits in the law — it does not model tax-planning structures, capital losses, gratuity or leave encashment, family pension, agricultural income, crypto or lottery winnings, foreign income or interest and late fees, so expect it to be roughly right, not exact. Not a filing tool.
Check the rules yourself at official sources: Income Tax Department e-Filing portal · Income Tax India — Acts, Rules & Circulars · Employees' benefits allowable · Union Budget. The Income-tax Act, 2025 and Income-tax Rules, 2026 (in force from 1 April 2026) — section numbers changed (for example 80C is now Section 123) but the amounts above are unchanged unless stated.

What to look at next

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How it works

  1. Enter your income. Type your salary details, or upload a payslip and we fill in the lines we recognise and ask you to confirm the rest.
  2. Add what you pay or invest. Rent and the city you live in, 80C investments, health insurance, NPS, home loan interest and so on.
  3. Compare both regimes. You see the tax under the old and the new regime side by side, and which one is lower for you.

Questions people ask

Which is better, the old or the new tax regime?

It depends on how much you can claim. The new regime has lower slabs and a ₹75,000 standard deduction but allows almost no other deductions. The old regime has higher slabs but lets you claim HRA, 80C, 80D, home loan interest and more. The calculator works out both on your numbers and shows which is lower.

Is income up to ₹12 lakh tax free?

Under the new regime, a resident individual whose taxable income is up to ₹12 lakh gets a rebate under section 87A that brings the tax to nil, with marginal relief just above that limit. For a salaried person the ₹75,000 standard deduction comes off first, so a salary of about ₹12.75 lakh can come to nil tax. Gains taxed at special rates, such as equity capital gains, do not count towards the rebate.

How is HRA exemption worked out?

It is the lowest of three amounts: the HRA you actually receive, the rent you pay minus 10% of your basic salary plus DA, and 50% of that salary for a metro city or 40% for any other city. From 1 April 2026 there are 8 metro cities for this purpose. Enter the city where you live, not where your office or payslip is, and the calculator applies the right percentage. HRA applies to the old regime only.

Can I upload my payslip?

Yes. The PDF is read in memory to pull out the earnings lines and is not saved on our servers. We fill in what we recognise and ask you to check the category of anything we don't, so look over every value before relying on it.

How accurate is this, and can I file my return with it?

It is a planning estimate based on the current rules, with the rules date shown above the calculator and the official sources listed under it. It is not tax advice and does not file anything. For your return, use the Income Tax Department's e-filing portal or a chartered accountant, especially for capital losses, foreign income, or notices.

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