Income Tax Calculator

Compare Old vs New Regime (FY 24-25)

Deductions (Old Regime)

Recommendation

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Tax (Old Regime)
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Tax (New Regime)
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Why use an Income Tax Calculator?

Optimize your tax savings

Regime Comparison

Instantly compare tax liability under Old vs New Tax Regime to find which one saves you more money.

Tax Planning

Understand how much you need to invest in 80C, 80D, etc., to reduce your tax liability under the Old Regime.

Accurate Slabs

Updated with the latest FY 2024-25 (AY 2025-26) tax slabs and rates for accurate calculation.

Standard Deduction

Automatically applies the latest Standard Deduction rules for both regimes (₹50k Old, ₹75k New).

Instant Results

No need for complex excel sheets. Get your tax summary in seconds with just a few inputs.

Mobile Friendly

Plan your taxes on the go with our responsive and easy-to-use interface.

About Income Tax Regimes (FY 24-25)

In India, taxpayers can choose between two tax regimes. The New Regime offers lower tax rates but fewer deductions. The Old Regime has higher rates but allows various exemptions like HRA, LTA, 80C, 80D, etc. The New Regime is the default option unless you opt out.

Rebate u/s 87A

New: ₹7L, Old: ₹5L

Standard Ded.

New: ₹75k, Old: ₹50k

Deductions

Only in Old Regime

Frequently Asked Questions

Common queries about Income Tax

It depends on your deductions. If your total deductions (80C, HRA, etc.) exceed ₹3.75 Lakhs (approx), the Old Regime might be better. Otherwise, the New Regime usually results in lower tax.