Your Income
₹12.00L
30 years
₹1.50L
₹0
Tax Regime
💡 New Regime saves you ₹62.4K more tax
Assumptions & Tax Year
Calculations are based on the latest tax slabs for FY 2024-25 (AY 2025-26). Standard deduction of ₹75,000 for New Regime and ₹50,000 for Old Regime is automatically applied.
Conclusion
You should choose the new Regime.
By choosing the new regime over the old regime, you save ₹62,400 in taxes.
Tax Payable (New Regime)
₹54.6K
Basic Tax
₹52.5K
Surcharge
₹0
Health+Edu Cess
₹2.1K
87A Rebate
₹0
Taxable Income
₹11.25L
Take-Home
₹11.45L
Old vs New Regime
Break-even deduction to make old regime better: ₹4.50L