Income Tax Calculator FY 2025-26: New vs Old Tax Regime

Understanding which tax regime saves you the maximum money for Assessment Year 2026-27 is essential for salaried employees and business owners in India. With revised tax slabs and a standard deduction of ₹75,000 under the New Tax Regime, taxpayers can optimize cash flow effectively.

Key Tax Slab Differences:

• New Tax Regime: Offers lower tax rates with a ₹75,000 standard deduction, but waives 80C, 80D, and HRA exemptions. Net income up to ₹7 Lakhs is completely tax-free under Section 87A rebate.
• Old Tax Regime: Allows full deductions including 80C (up to ₹1.5 Lakhs), 80D (health insurance), and HRA exemptions with standard deduction of ₹50,000.

How to Calculate Your Tax Instantly:

Use our free Income Tax Calculator 2026 to enter your annual income, 80C investments, and HRA exemptions to see an instant side-by-side comparison of tax payable under both regimes!