Compare your taxes under the new and old regimes for FY 2025-26 (Assessment Year 2026-27) and find out where you save more.
Includes 80C, 80D, HRA, etc. Standard deduction added automatically.
| Income Slab | Tax Rate |
|---|---|
| 0 - 3 Lakh | Nil |
| 3 - 7 Lakh | 5% |
| 7 - 10 Lakh | 10% |
| 10 - 12 Lakh | 15% |
| 12 - 15 Lakh | 20% |
| Above 15 Lakh | 30% |
Key Note: Standard Deduction is ₹75,000 for New Regime.
| Income Slab | Tax Rate |
|---|---|
| 0 - 2.5 Lakh | Nil |
| 2.5 - 5 Lakh | 5% |
| 5 - 10 Lakh | 20% |
| Above 10 Lakh | 30% |
Key Note: Standard Deduction is ₹50,000 for Old Regime.
Under the New Regime, if your taxable income is up to ₹12 Lakh, you get a full rebate of up to ₹60,000, making your tax Liability zero. In the Old Regime, the rebate is up to ₹12,500 for income up to ₹5 Lakh.
The choice depends on your investments. If you have a home loan (Section 24b), large medical insurance (Section 80D), and maximize 80C (EPF, LIC, ELSS), the Old Regime might be better. If you have minimal deductions, the New Regime is almost always more beneficial with its lower slabs.
The New Tax Regime is the 'default' regime from FY 2023-24 onwards. If you wish to use the Old Regime, you must specifically opt for it at the time of filing your ITR.