Enter your income — see both regimes instantly, slab-wise breakup, Sec 87A rebate & surcharge
Annual Income
₹
Income Type
Income type
ⓘ Standard Deduction ₹75,000 (New) / ₹50,000 (Old) applied automatically for salary income.
Age Group
Age group
Old Regime Deductions
Sec 80C
PF, ELSS, LIC, PPF — max ₹1,50,000
₹
Sec 80D
Health insurance — max ₹25,000
₹
HRA Exemption
Sec 10(13A) — use HRA Calculator
₹
Home Loan Interest
Sec 24(b) — max ₹2,00,000
₹
NPS — Sec 80CCD(1B)
Additional NPS — max ₹50,000
₹
Best Regime Tax
₹0
enter income above
Old Regime Tax
₹0
New Regime Tax
₹0
You Save
₹0
Effective Rate (best)
0.0%
Old Regime vs New Regime — Tax Comparison
Slab-Wise Tax Breakup
Income Slab
Rate
Taxable Amt
Tax
Income Slab
Rate
Taxable Amt
Tax
ⓘ Calculations for FY 2026-27 / AY 2027-28. Surcharge applied where applicable. 4% health & education cess included. Consult a CA for tax filing.
Frequently Asked Questions
Which tax regime is better — Old or New in 2026-27? +
New Regime is better for most. Income up to ₹12.75L is effectively tax-free (₹75K standard deduction + ₹60K Sec 87A rebate). Old Regime wins only if your total deductions — 80C (₹1.5L) + HRA + home loan interest (₹2L) + 80D + NPS (₹50K) — are large enough to offset the lower new regime slabs. Enter your deductions above to compare.
What is the Sec 87A rebate for FY 2026-27? +
New Regime: Full rebate up to ₹60,000 if taxable income is ₹12 lakh or less — net tax payable is zero. Old Regime: Rebate up to ₹12,500 if taxable income ≤ ₹5L. After rebate, 4% health & education cess is applied on the remaining tax.
How is surcharge calculated on income tax? +
Surcharge applies on income above ₹50 lakh. Old Regime: 10% (₹50L–1Cr), 15% (₹1Cr–2Cr), 25% (₹2Cr–5Cr), 37% (above ₹5Cr). New Regime: Same but capped at 25% (37% slab removed). Surcharge is added before 4% cess. Marginal relief may apply near thresholds.
What deductions are allowed under Old Regime? +
Standard Deduction ₹50,000 (salary/pension), Sec 80C ₹1.5L (PF, ELSS, PPF, LIC), Sec 80D ₹25,000 health insurance, HRA exemption Sec 10(13A), Home Loan Interest Sec 24(b) up to ₹2L, NPS Sec 80CCD(1B) ₹50,000. No such deductions exist under New Regime.
Is standard deduction available under New Regime? +
Yes — ₹75,000 standard deduction is available under New Regime for salaried individuals and pensioners (increased from ₹50,000 in Budget 2024). Under Old Regime it is ₹50,000. No other deductions (80C, HRA, home loan etc.) are available under New Regime.