What is this calculator?
The easiest way to decide between the Old Tax Regime and the New Tax Regime. Enter your income and deductions, and we'll mathematically prove which regime saves you the most tax for FY 2024-25 (AY 2025-26).
Frequently Asked Questions
- What is the Standard Deduction in the New Regime?
- For FY 2024-25, the standard deduction for salaried individuals under the New Tax Regime was increased from ₹50,000 to ₹75,000.
- Are 80C deductions allowed in the New Regime?
- No. The New Regime offers lower tax slab rates but completely eliminates almost all chapter VI-A deductions, including 80C (PPF, ELSS, LIC), 80D (Health Insurance), and HRA.
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Last reviewed: 6 June 2026