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India New vs Old Tax Regime Calculator (Section 115BAC)

Compare New Tax Regime (Section 115BAC with ₹75k Standard Deduction) vs Old Regime with 80C, 80D & HRA

Budget 2024–2025–2026 Latest Slabs & Standard Deduction (₹75,000)

India New vs Old Tax Regime Calculator

Side-by-side comparison of Section 115BAC (New Regime) and the Old Tax Regime with 80C, 80D, HRA, and Section 24 deductions. Instantly discover which tax structure maximizes your take-home salary.

Optimal Tax Recommendation

New Regime saves you ₹4,940

Income & Deductions

Annual Gross Salary (CTC)₹12,00,000

₹

Old Regime Deductions (Chapter VI-A)Total: ₹3,95,000

Section 80C (EPF, PPF, ELSS, LIC - Max 1.5L)₹1,50,000

House Rent Allowance (HRA Exemption)₹1,20,000

Section 80D (Health Insurance)₹25,000

Home Loan Interest (Section 24b - Max 2L)₹0

New Tax RegimeRECOMMENDED

Total Tax Payable (with 4% Cess)

₹71,500

Standard Deduction:₹75,000

Taxable Income:₹11,25,000

Net Take-Home Salary:₹11,28,500

Old Tax Regime

Total Tax Payable (with 4% Cess)

₹76,440

Total Deductions:₹3,95,000

Taxable Income:₹8,05,000

Net Take-Home Salary:₹11,23,560

Budget New Tax Regime Slabs (Section 115BAC)

Income Slab	New Regime Rate	Key Exemption
₹0 – ₹3,00,000	Nil (0%)	Standard Deduction ₹75k applies
₹3,00,001 – ₹7,00,000	5%	Section 87A Rebate: NIL Tax up to ₹7 Lakhs
₹7,00,001 – ₹10,00,000	10%	Marginal relief available
₹10,00,001 – ₹12,00,000	15%	—
₹12,00,001 – ₹15,00,000	20%	—
Above ₹15,00,000	30%	Highest slab rate

About India New vs Old Tax Regime Calculator (Section 115BAC)

Official Budget personal income tax comparator for Indian salaried employees. Evaluates the New Tax Regime (Section 115BAC with ₹75,000 standard deduction and ₹7 Lakh Section 87A rebate) side-by-side with the Old Tax Regime factoring in Section 80C (₹1.5L), 80D (Health Insurance), HRA exemption, Home Loan Interest (Section 24b ₹2L), and Section 80CCD(1B) NPS. Delivers an instant tax savings recommendation badge.