Old vs New Tax Regime Calculator

Compare tax under both regimes for FY 2024-25

$1,500,000
$500,000$10,000,000
$150,000
$0$150,000
$25,000
$0$75,000
$150,000
$0$400,000
$0
$0$200,000
$50,000
$0$50,000

Old vs New Regime: Key Differences

FeatureOld RegimeNew Regime
Standard Deduction₹50,000₹75,000
80C (₹1.5L)✅ Available❌ Not Available
80D (Health)✅ Available❌ Not Available
HRA✅ Available❌ Not Available
Home Loan Interest✅ Up to ₹2L❌ Not Available
NPS 80CCD(1B)✅ ₹50,000✅ ₹50,000 (employer)
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Thumb Rule

If your total deductions (80C + 80D + HRA + others) exceed ₹3.75 lakhs, old regime is likely better. Otherwise, choose new regime.
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Financial Disclaimer

Tax calculations are based on current tax laws and rates. Tax laws are subject to change. This calculator is for estimation purposes only. Please consult a qualified tax professional for accurate tax advice.

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