Which is better — old regime or new regime for FY 2025-26?

It depends on your deductions. If you have significant investments under 80C (₹1.5 L), health insurance (80D), HRA exemption, and home loan interest, the old regime often saves more tax. If you have fewer deductions, the new regime's lower slab rates and higher basic exemption of ₹4 lakh (with rebate up to ₹7 lakh under 87A for nil tax) may be better. Use this calculator to compare both and choose the option that saves you the most.

What is the standard deduction for FY 2025-26?

For FY 2025-26, the standard deduction is ₹75,000 under the new regime (increased from ₹50,000 in the previous year) and ₹50,000 under the old regime. The standard deduction applies to all salaried employees and pensioners and is automatically deducted from gross salary income before computing tax.

Income Tax Calculator FY 2025-26

Compare your tax liability under old and new regime. Find which one saves you more.

Your Income Details

Gross Annual Income ₹8,00,000

₹1 L ₹50 L

Age Group

Below 60 years Senior Citizen (60–79 years) Super Senior Citizen (80+ years)

Deductions — Old Regime Only

These are not applicable under the new regime.

Section 80C (PPF, ELSS, LIC, etc.) ₹1,50,000

₹0 ₹1.5 L (max)

Section 80D (Health Insurance) ₹25,000

₹0 ₹50,000

HRA Exemption ₹0

₹0 ₹3 L

Section 80CCD(1B) (NPS extra) ₹0

₹0 ₹50,000 (max)

Home Loan Interest (Sec 24b) ₹0

₹0 ₹2 L (max)

Old Regime

Taxable Income

—

Total Tax (incl. cess)

—

New Regime

Taxable Income

—

Total Tax (incl. cess)

—

Tax Computation Details

Component	Old Regime	New Regime
Adjust sliders to see breakdown

Disclaimer: This calculator is for informational purposes and uses FY 2025-26 tax slabs. It does not account for all exemptions, surcharges above ₹50L, or special income categories (STCG, LTCG, etc.). Verify tax liability with a qualified Chartered Accountant before filing your return. Tax laws may change; always refer to the latest Finance Act.

Want us to file your ITR?

Our CA will compute your exact tax liability, claim every eligible deduction, and file your return on time.

Talk to our CA on WhatsApp →

Related Calculators

HRA Calculator

HRA exemption under 10(13A)

NPS Calculator

80CCD(1B) benefit planner

SIP Calculator

Plan your ELSS investments