Free calculators · India · FY 2026-27
Old vs new tax regime calculator
See your tax under both regimes side by side, and what you'd need to claim for the old one to be worth it.
Your income tax
The new regime saves you ₹1,40,088 a year
Monthly TDS: ₹8,125 in the new regime, ₹19,799 in the old.
| Item | New regime | Old regime |
|---|---|---|
| Taxable income | ₹14,25,000 | ₹13,86,500 |
| Tax on slabs (after rebate) | ₹93,750 | ₹2,28,450 |
| Surcharge | ₹0 | ₹0 |
| Cess (4%) | ₹3,750 | ₹9,138 |
| Tax for the year | ₹97,500 | ₹2,37,588 |
| TDS a month | ₹8,125 | ₹19,799 |
The old regime would only win with ₹4,80,300 more in deductions.
How it's worked out
New regime: your income minus the ₹75,000 standard deduction is taxed at 0% up to ₹4 lakh, 5% to ₹8 lakh, 10% to ₹12 lakh, 15% to ₹16 lakh, 20% to ₹20 lakh, 25% to ₹24 lakh and 30% above. Up to ₹12 lakh taxable, the 87A rebate cancels the tax; just above, you never pay more than the income over ₹12 lakh.
Old regime: after the ₹50,000 standard deduction, professional tax and your deductions (80C up to ₹1.5 lakh including PF, 80D, HRA, home-loan interest up to ₹2 lakh, NPS up to ₹50,000), income is taxed at 0% to ₹2.5 lakh, 5% to ₹5 lakh, 20% to ₹10 lakh and 30% above, with no tax up to ₹5 lakh.
Above ₹50 lakh a surcharge applies (10%, 15%, 25%, and 37% in the old regime above ₹5 crore), with marginal relief, and a 4% cess is added to everything. TDS is the year's tax spread over 12 months.
Rules and sources
Uses the rules for FY 2026-27 (income-tax slabs, PF ceiling and interest, gratuity, HRA cities), last checked on 10 November 2026. We update them when a Budget or notification changes them.
- Income Tax Department: slabs, rebate and deductions
- EPFO: PF wage ceiling (₹25,000 from 17 Sep 2026)
- EPFO: contribution rates and interest
- Ministry of Labour: the Labour Codes (gratuity)
These are estimates for salaried people below 60, not tax advice. Your payslip can differ: employers structure pay differently, and professional tax has lower slabs we don't show. Check big decisions with your employer's HR or a tax adviser.
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