Income Tax & TDS

Old vs New Tax Regime Calculator

See exactly which tax regime saves you more, including your specific deductions.

Unlike a basic comparison, this calculator lets you enter your actual old-regime deductions (Section 80C, 80D, HRA, home loan interest) for an accurate side-by-side comparison against the new regime, using current FY 2024-25 slabs.

Enter a valid income greater than 0.
80C + 80D + HRA + home loan interest + others

Recommendation

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New Regime Tax

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Old Regime Tax

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How to Use This Tool

  1. Enter your annual gross income.
  2. Enter your total old-regime deductions (80C, 80D, HRA, home loan interest, etc. combined).
  3. Click Compare Regimes to see which one saves you more, and by how much.

Why a Simple Comparison Isn't Enough

Comparing tax regimes without accounting for your actual deductions gives a misleading picture — someone claiming ₹3 lakh in old-regime deductions can end up paying much less tax under the old regime than a basic comparison would suggest. This calculator lets you input your total old-regime deductions for an accurate, personalized comparison.

What Counts as an Old-Regime Deduction?

The General Rule of Thumb

If your total eligible old-regime deductions exceed roughly ₹3.5–4 lakh (varies by exact income level), the old regime often becomes more tax-efficient. Below that threshold, the new regime's lower slab rates typically win out. This calculator removes the guesswork by giving you the exact numbers for your situation.

Frequently Asked Questions

What deductions should I include in the "Total Old-Regime Deductions" field?

Add up all deductions you're eligible for under the old regime — 80C investments, 80D health insurance, HRA exemption, home loan interest, NPS contributions, and any others — and enter the combined total.

Can I switch regimes every year?

Salaried individuals without business income can choose their preferred regime each financial year when filing returns. Those with business income have more restricted switching rules — check current Income Tax Department guidance for specifics.

This calculator is provided for general informational and estimation purposes only. Results should not be treated as professional financial, tax, legal, medical, or engineering advice. Always verify critical calculations with a qualified professional or official source before making decisions.