Income Tax Calculator - Old vs New Tax Regime
Compare Indian income tax under the new and old tax regimes for AY 2026-27. Works for salaried users and business/self-employed taxpayers.
India Income Tax Planning
Salary or business income - New vs old regime - Deductions, rebate, cess and monthly tax estimate
Compare Income Tax Regimes
Tax Payable Comparison
How This Income Tax Calculator Works
This calculator compares income tax under the new and old tax regimes for AY 2026-27. It supports salaried/pension users and business or self-employed users by changing salary-specific deductions automatically.
Important Assumptions
- For salaried/pension users, new regime standard deduction is taken as Rs. 75,000.
- For salaried/pension users, old regime standard deduction is taken as Rs. 50,000.
- For business/self-employed users, salary standard deduction and HRA exemption are not applied.
- Section 87A rebate is applied where eligible.
- Health and education cess is calculated at 4%.
- This tool is an estimate and does not replace professional tax advice.
Old vs New Regime Slabs Used
| Regime | Slabs Used |
|---|---|
| New Regime | 0% up to Rs. 4L, then 5%, 10%, 15%, 20%, 25%, and 30% above Rs. 24L. |
| Old Regime | Age-based basic exemption, then 5%, 20%, and 30% above Rs. 10L. |