Free tools by Finaccle
Old vs New Tax Regime Calculator
Compare your tax under both regimes for tax year 2026-27 and see which one saves you more.
Your age in tax year 2026-27
Gross salary or pension (₹ a year)
Other income (₹ a year)
Interest, net rent, business or freelance income
Employer's NPS contribution (₹ a year)
Deductible in both regimes, within the limit for your employer
HRA exemption
Use our HRA calculator
Professional tax
PPF, ELSS, EPF, LIC, tuition fees
Capped at ₹1.5 lakh (old section 80C)
Health insurance premium
Old section 80D
Home loan interest (self-occupied)
Capped at ₹2 lakh
Own NPS contribution
Extra ₹50,000 (old 80CCD(1B))
Other deductions
Your result
Enter your income and press Compare my tax.
After the first calculation, results update automatically as you change any input.
How the new regime works
The new regime is the default. It has lower slab rates, a ₹75,000 standard deduction for salaried people and a rebate that makes income up to ₹12 lakh tax-free, but it allows very few deductions.
When the old regime wins
The old regime can work out better if you claim large deductions such as HRA, home loan interest, 80C and 80D. Enter your deductions to see which regime gives the lower tax for your salary.
Switching between regimes
Salaried people can choose a regime each year when filing the return. People with business income can switch back to the old regime only once, and must file the option form before the due date.