Income Details
Your total annual income before deductions
Age affects tax slabs in old regime
Standard Deduction: ₹75,000
Applied automatically to both regimes for salaried individuals.
Deductions (Old Regime Only)
PPF, ELSS, LIC, etc. (max ₹1.5L)
80D (health insurance), HRA, home loan interest, etc.
Total Deductions: ₹2.00L
New regime does not allow these deductions (except standard deduction).
Better Regime
New Regime
Save ₹52.0K in taxes
Tax Savings
₹52.0K
New regime is better. You need ₹2,50,000.763 more in deductions to make old regime beneficial.
Old Regime Tax
₹1.07L
New Regime Tax
₹54.6K
Old Regime Take-Home
₹10.93L
New Regime Take-Home
₹11.45L
Break-Even Analysis
Minimum deductions needed to make old regime better:
₹4.50L
Your current deductions: ₹2.00L⚠ Below break-even
Old Regime Rate
8.88%
New Regime Rate
4.55%
Tax Comparison
Blue: Old Regime · Green: New Regime
Detailed Breakdown
Old Regime
New Regime
Disclaimer
Tax calculations are estimates based on current laws. Actual liability may vary based on specific circumstances, additional income, and deductions. The choice between regimes is irrevocable for the financial year. Consult a CA or tax professional for personalized advice.