Is income up to ₹12 lakh tax-free in the new regime?

Yes. With the Section 87A rebate, taxable income up to ₹12 lakh pays no tax — ₹12.75 lakh for salaried people after the ₹75,000 standard deduction.

What are the new regime slabs?

0–4L nil, 4–8L 5%, 8–12L 10%, 12–16L 15%, 16–20L 20%, 20–24L 25%, above 24L 30%.

When is the old regime better?

Usually when you claim large deductions like 80C, home loan interest and HRA.

Is surcharge included?

No. Surcharge applies above ₹50 lakh income and isn't included here.

Is this for senior citizens?

It uses slabs for individuals below 60. Old regime slabs for seniors differ.

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Income Tax Calculator— Old vs new regime tax for FY 2025-26.

Annual gross salary

₹

Deductions (old regime: 80C, 80D, HRA…)

₹

New regime

Saves more

Taxable income: ₹14,25,000
Tax: ₹93,750
Cess (4%): ₹3,750

Total tax

₹97,500

Old regime

Taxable income: ₹13,00,000
Tax: ₹2,02,500
Cess (4%): ₹8,100

Total tax

₹2,10,600

You save ₹1,13,100 with the new regime.

FY 2025-26, individuals below 60. Standard deduction ₹75,000 (new) / ₹50,000 (old). Surcharge not included.

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How to Use the Income Tax Calculator

Enter your annual gross salary. For the old regime, add your total deductions such as 80C, 80D and HRA exemption. The calculator applies standard deduction, slab rates, rebate and 4% cess to both regimes and shows which one saves you more.

Frequently Asked Questions

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