Free Tool · FY 2025–26
Income Tax Calculator — New vs Old Regime
Enter your annual income and instantly see how much tax you owe under both regimes — and which one is better for you. Based on the latest FY 2025–26 (AY 2026–27) slabs.
Standard deduction applies: ₹75,000 (new) / ₹50,000 (old).
Total income before deductions.
New Regime
Default · lower slab rates
- Taxable income
- ₹11,25,000
- Standard deduction
- − ₹75,000
- Tax on slabs
- ₹52,500
- Rebate / relief
- − ₹52,500
- Cess (4%)
- ₹0
Old Regime
With deductions
- Taxable income
- ₹11,50,000
- Standard deduction
- − ₹50,000
- Tax on slabs
- ₹1,57,500
- Cess (4%)
- ₹6,300
Estimate based on FY 2025–26 (AY 2026–27) slabs. Includes 4% cess. Surcharge on high income is estimated. Your final liability depends on your deductions, exemptions and specific case.
New regime vs old regime — which should you choose?
The new regime is the default and has lower slab rates, but it doesn't allow deductions like 80C or HRA. The old regime allows more deductions — if you have a home loan, 80C investments or HRA, the old regime often works out cheaper. The calculator shows both side by side instantly.
How is income up to ₹12 lakh tax-free?
Under the new regime, the Section 87A rebate makes taxable income up to ₹12 lakh completely tax-free. Salaried individuals also get a ₹75,000 standard deduction, so a salary of up to ₹12.75 lakh is effectively tax-free.
Confused by the calculation or need help filing? Tool Syco's team in Delhi specialises in ITR filing, GST and tax planning. Contact us for a free consultation.