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Income Tax Calculator (Old vs New Regime)

Compare your tax under the old and new regime for FY 2026-27 (AY 2027-28) and see which one saves more.

Total annual income (₹)

Age group

Income type

Employer NPS 80CCD(2) (₹)

Deductions for the old regime only

80C: PPF, LIC, ELSS, etc. (max 1,50,000)

80CCD(1B) NPS (max 50,000)

80D health insurance

HRA exemption

Home loan interest 24(b) (max 2,00,000)

Other deductions

What is assumed?

Slabs for the new regime: nil up to 4 lakh, then 5%, 10%, 15%, 20%, 25% and 30% in steps of 4 lakh. Standard deduction is 75,000 (new) and 50,000 (old) for salaried people. Rebate u/s 87A makes tax nil up to 12 lakh taxable income (new) and 5 lakh (old), with marginal relief just above 12 lakh in the new regime. Surcharge (with marginal relief) and 4% cess are included. The surcharge rate is capped at 25% in the new regime.

What is not covered?

Capital gains at special rates, and rules for specific cases. This is an estimate for planning. Please confirm the final figure with your CA or on the Income Tax Department website before filing.

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