Income Tax Calculator: Old vs New Regime

For individuals: salaried, freelancers and professionals. Covers FY 2025-26 and FY 2026-27, whose rates are the same because Budget 2026 made no change to slabs, rebate, surcharge or cess.

About you

Age during the year

Below 60 60 to 79 80 or more

Resident in India for tax?

Resident Non-resident

Income for the year

Salary or pension (gross)

₹

Income from your profession or freelancing

Presumptive (50% of receipts) Actual profit

Gross professional receipts

₹

Presumptive taxation for specified professionals: income is taken as 50% of receipts (section 44ADA of the 1961 Act; section 58 of the Income-tax Act, 2025).

Cash receipts are 5% or less of total receipts (raises the limit from ₹50 lakh to ₹75 lakh)

Income declared, as % of receipts Minimum 50%. Declare more if your actual profit is higher.

Other income (interest, rent after deductions, etc.)

₹

Old regime only: exemptions and deductions

These are ignored in the new regime. Enter the amounts you are eligible to claim.

HRA exemption

₹

The exempt portion, not the HRA received

Section 80C

₹

Capped at ₹1,50,000

Health insurance (80D)

₹

Eligible amount after the limits

Own NPS contribution (80CCD(1B))

₹

Capped at ₹50,000

Home loan interest, self-occupied

₹

Capped at ₹2,00,000

Other deductions

₹

For example 80E, 80G, 80TTA

Enter your income to compare the two regimes.

New regime

₹0

Show the calculation

Old regime

₹0

Show the calculation

Plan advance tax with this amount

What this calculator covers

It applies the slab rates, standard deduction (₹75,000 new regime, ₹50,000 old regime), the rebate for resident individuals (nil tax up to ₹12 lakh of taxable income in the new regime, ₹5 lakh in the old), marginal relief, surcharge and 4% cess. It does not cover capital gains and other income taxed at special rates, losses carried forward, or agricultural income. If you have business or professional income, switching between regimes from year to year is restricted. Use the result as an estimate and confirm it before filing or paying tax.

Not sure which regime suits you?

The right choice depends on your income mix, deductions and plans for the year. Talk it through before you decide.

Book a Tax Consultation