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Old vs New Tax Regime Calculator 2026-27

Find out which income tax regime saves you more money

Enter your income and deductions below. This tool compares both regimes side-by-side with the latest FY 2025-26 slabs (Budget 2025 changes) and shows you exactly how much you save — and which regime to choose.

Your Deductions (Old Regime Only)

Enter your actual deductions to compare which regime saves you more tax.

The NEW regime saves you
₹89,700
Choose the NEW Tax Regime

Old Regime

Gross Income₹15,00,000
Total Deductions-₹2,75,000
Taxable Income₹12,25,000

Income Tax₹1,80,000
Cess (4%)₹7,200
Total Tax₹1,87,200

New Regime ✓

Gross Income₹15,00,000
Standard Deduction-₹75,000
Taxable Income₹14,25,000

Income Tax₹93,750
Cess (4%)₹3,750
Total Tax₹97,500

How This Comparator Works

The new tax regime (default from FY 2023-24) offers lower tax rates but strips away most deductions. The old regime keeps higher rates but lets you claim 80C, 80D, HRA, home loan interest, and more. The right choice depends entirely on your specific deduction profile.

This tool calculates tax under both regimes simultaneously, factoring in all your deductions, and shows the exact rupee difference. No more guessing.

Key Budget 2025 Changes

When is Old Regime Better?

The old regime wins when your total deductions are high. Typical scenarios:

Rule of thumb: if your total deductions exceed ~₹3.75 lakh, run the numbers. Below that, new regime almost always wins.

Frequently Asked Questions

Which tax regime is better for salary of 15 lakh?
For ₹15 lakh, the new regime is better if your total deductions are less than ~₹3.75 lakh. If you have HRA + 80C + 80D + home loan interest totaling more than that, old regime saves more. Enter your exact numbers above to check.
Can I switch between old and new regime every year?
Salaried employees: yes, you can switch every year. Self-employed/business owners: once you opt out of new regime back to old, you cannot switch to new regime again (one-time switch allowed). Make your choice at the time of filing your ITR.
What deductions are allowed in the new regime?
Very few: Standard deduction (₹75,000), NPS employer contribution under 80CCD(2) up to 14% of salary, and family pension deduction. No 80C, 80D, HRA, home loan interest, or other common deductions.
Is NPS beneficial under new regime?
Your own contribution to NPS under 80CCD(1B) is NOT deductible in new regime. However, your employer's NPS contribution under 80CCD(2) up to 14% of basic salary IS deductible in both regimes. So employer NPS contribution helps regardless of regime choice.

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