Compare the new and old Indian tax regimes
The new regime uses wider progressive slabs and limits most deductions, while the old regime allows eligible deductions and age-based basic exemption limits. Enter the same income in both modes to compare an indicative liability. This simplified calculator is intended for planning, not return filing or a substitute for the Income Tax Department utilities.
How to use it
- Step 1Choose the new or old tax regime for FY 2026-27.
- Step 2Enter annual salary or pension and any other normal-rate income.
- Step 3For the old regime, add eligible deductions and select the relevant age group.
- Step 4Review taxable income, rebate, cess and the estimated total tax.
Frequently asked questions
Which financial year does this calculator use?
It is configured for Financial Year 2026-27 and uses the individual slab structure applicable to that year.
Does it calculate capital gains tax?
No. Capital gains, lottery income and other special-rate income require separate calculations and are excluded.
Can I use this result to file my return?
Use it for an initial estimate only. Confirm the final amount using official Income Tax Department utilities or a qualified tax professional.
Advertisement
Calculators
Explore More Tools
MyToolSpace Pro
Go ad-free & unlock more
- Zero ads, faster focused workflow
- Unlimited history & saved presets
- Batch processing & exports
Advertisement