Income Tax Calculator (New vs Old Regime)
Enter your gross annual income and deductions to compare tax under the new regime (no tax up to ₹12 lakh taxable income thanks to the Section 87A rebate, ₹75,000 standard deduction) and the old regime.
How to use the Income Tax Calculator
- Enter gross annual salary/income.
- Enter old-regime deductions (80C, 80D, HRA exemption, etc.).
- Compare both regimes side by side.
Examples
₹15 lakh salary, new regime
Input: Gross 15,00,000
Result: Taxable 14,25,000 → tax ≈ ₹97,500 incl. cess
Frequently asked questions
Is income up to ₹12 lakh tax-free in the new regime?
Yes for resident individuals: taxable income up to ₹12 lakh gets a full Section 87A rebate (up to ₹60,000). For salaried taxpayers the ₹75,000 standard deduction makes gross salary up to ₹12.75 lakh effectively tax-free. Marginal relief applies just above the limit.
Which regime is better?
The new regime is usually better unless your total deductions (80C, 80D, HRA, home-loan interest, etc.) are large — roughly above ₹4–5 lakh at higher incomes. Use the comparison to check.
Does this include special-rate income?
No. This simple calculator covers slab-rate income. Capital gains, lottery income and other special-rate items are taxed separately.
Learn more
Estimates, not tax or legal advice. Results come from the published rules for the cases this calculator covers; your own circumstances can change them.
Last checked 2026-10-29 by the TakeHomeWorld editors · How we calculate and check rates · Runs entirely in your browser; nothing you type is stored.