For FY 2025-26 (AY 2026-27) and FY 2026-27. Covers salary, rental, business, and digital asset income, plus every major deduction — see your tax under both regimes side by side, and which one wins.
Estimates only — not professional tax advice. Actual liability may vary based on your specific circumstances. Talk to a CA before filing.
Same slabs apply for FY 2026-27 unless changed in the next Budget.
New regime
| Income range | Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Old regime (below 60)
| Income range | Rate |
|---|---|
| Up to ₹2,50,000 | Nil |
| ₹2,50,000 – ₹5,00,000 | 5% |
| ₹5,00,000 – ₹10,00,000 | 20% |
| Above ₹10,00,000 | 30% |
Senior citizens (60–80) get a ₹3,00,000 exemption under the old regime; super seniors (80+) get ₹5,00,000. The new regime's slabs don't change with age.
| Total income | Old regime | New regime |
|---|---|---|
| ₹50L – ₹1Cr | 10% | 10% |
| ₹1Cr – ₹2Cr | 15% | 15% |
| ₹2Cr – ₹5Cr | 25% | 25% |
| Above ₹5Cr | 37% | 25% (capped) |
Surcharge applies on the income-tax amount (after rebate), not on your total income. Marginal relief can reduce it near each threshold.
It depends on how many deductions you claim. If you have large HRA, 80C, or home loan interest claims, the old regime may still win. If you claim few deductions, the new regime's lower slabs and ₹60,000 rebate (income up to ₹12L) usually save more. This calculator compares both for your numbers.
If your income is just above ₹12,00,000, marginal relief caps your tax so it never exceeds the amount your income exceeds ₹12L by — preventing a steep jump right after the rebate threshold.
Yes. Salaried individuals get a ₹75,000 standard deduction under the new regime and ₹50,000 under the old regime.
Salaried individuals (with no business income) can choose either regime each year when filing their ITR. Those with business or professional income have more restricted switching rules.
You get a flat 30% standard deduction on rent received, plus the full home loan interest on that property (no cap) — in both regimes. If the result is a loss, the old regime lets you set off up to ₹2,00,000 of it against your other income; the new regime doesn't allow that set-off.
Gains on Virtual Digital Assets (crypto, NFTs) are taxed at a flat 30% plus 4% cess under Section 115BBH — in both regimes, with no deductions and no loss set-off against other income or carry-forward.
Under the old regime, interest earned on a savings account is deductible up to ₹10,000 (₹50,000 for senior citizens under 80TTB). This calculator applies it automatically. The new regime doesn't allow this deduction.