Old vs New Tax Regime Calculator
Side-by-side tax under both regimes with your actual deductions — the break-even deduction level, decided in seconds.
Formula
Disclaimer: Informational estimate using recently applicable rates/slabs — budgets change them. Verify current-year rules or consult a tax professional. This is not tax advice.
Disclaimer: This tool is for general informational and estimation purposes only and is not professional financial, tax, accounting or legal advice. All figures are estimates — verify with a qualified professional before making decisions. Read the full disclaimer.
Need old vs new tax regime calculator results fast? Skip the spreadsheet and get a clear, defensible answer in one step — free, private and instant, recalculating live as you change any input.
About Old vs New Tax Regime Calculator
This is India's annual ₹50,000 question, answered with YOUR numbers instead of generalizations: enter salary and actual deductions, and both regimes' bills appear side by side. The default — ₹18 lakh salary with ₹3.75 lakh of deductions plus HRA — shows how heavy deduction stacks keep the old regime alive even after the new regime's generous slab widening. The intuition: the new regime effectively 'pre-pays' you the value of typical deductions through wider slabs and the ₹12 lakh rebate, so it wins for anyone with THIN deductions — renters without HRA structure, those who don't max 80C, new-regime-default filers. The old regime survives for the deduction-rich: full 80C + 80D + substantial HRA in a metro + home-loan interest can stack ₹5-6 lakh of shelter that the new slabs can't match at higher incomes. Salaried can switch regimes EVERY year at filing (business income locks choices) — so re-run this annually as life changes: a new home loan, a rent increase, a salary jump all flip the answer. And remember TDS follows your DECLARED choice with the employer; choosing differently at filing is legal and routinely refunds excess TDS.
How to use Old vs New Tax Regime Calculator
- 1Enter Gross annual salary, 80C investments (max 1.5L), 80D health insurance, HRA exemption you can claim, Home-loan interest (24b, max 2L), NPS 80CCD(1B) (max 50k) into the Old vs New Tax Regime Calculator.
- 2The result is computed automatically using Old regime: your deductions + ₹50k SD against 2.5/5/10L slabs (5/20/30%) ; new regime: ₹75k SD against the wider slab ladder — lower bill wins — there is no button to press; it updates live as you type.
- 3Change any input to model a different scenario, then use “Copy result link” to share the exact numbers.
Why use Old vs New Tax Regime Calculator?
- ✓Computes old vs new tax regime calculator instantly with the correct formula — no spreadsheet needed
- ✓100% free and unlimited, with no sign-up, login or paywall
- ✓Runs entirely in your browser, so the figures you enter are never uploaded or stored
- ✓Shows the formula, a live worked example and references so you can defend the number
Frequently asked questions
Kitne deduction ke baad old regime jeetne lagti hai?+
Thumb-rule break-even (salary-dependent): ₹12-16L salary par lagbhag ₹4-4.5L+ ke deductions chahiye (SD ke alawa), ₹20L+ par ~₹4.75-5.5L. HRA wale metro-renters aur home-loan + full-80C wale hi aam taur par wahan pahunchte hain. Apne exact numbers upar daaliye — verdict turant mil jata hai, folklore ki zaroorat nahi.
Kya har saal regime badal sakte hain?+
Salaried: haan — har saal ITR file karte waqt naya chunaav (employer ko diya declaration sirf TDS ke liye hai; filing par palat sakte hain). Business/professional income walon ke liye restriction hai: new se old me wapas jaane ka mauka seemit (ek baar ka switch-back). Salaried flexibility ka pura fayda uthayein — yeh calculator March me phir chalayein.
HRA exemption is comparison me kaise daalein?+
Pehle hamare HRA-exemption calculator se apna exempt amount nikaaliye (min of: actual HRA, rent − 10% basic, metro me 50%/non-metro 40% of basic) — wahi figure yahan HRA field me daalna hai, poora rent nahi. HRA hi old regime ka sabse bada single lever hota hai metro renters ke liye.
Employer NPS (80CCD(2)) kis regime me milta hai?+
DONO me — yahi iski khasiyat hai: employer ka NPS contribution (new regime me basic ke 14% tak) dono regimes me taxable income se bahar rehta hai. Iska matlab: new regime chunne ke baad bhi salary-restructure karke employer-NPS badhwana legal tax-cut hai. Is comparison me woh dono taraf barabar asar karta hai, isliye field alag nahi rakha.
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