Income Tax / Take-Home Calculator
FY 2024-25 (AY 2025-26). Compare New vs Old regime side-by-side.
Old regime deductions
New Regime
BetterOld Regime
Choosing New Regime saves you ₹72,800 per year.
Take-home vs Tax (Recommended regime)
New Regime — Slab-wise tax
| Slab | Rate | Tax |
|---|---|---|
| ₹0 – ₹3,00,000 | 0% | ₹0 |
| ₹3,00,000 – ₹7,00,000 | 5% | ₹20,000 |
| ₹7,00,000 – ₹10,00,000 | 10% | ₹30,000 |
| ₹10,00,000 – ₹12,00,000 | 15% | ₹30,000 |
| ₹12,00,000 – ₹15,00,000 | 20% | ₹45,000 |
FAQ
Which regime is better, new or old?
It depends on your deductions. The new regime has lower slab rates but disallows most deductions; the old regime is usually better only when you fully utilise 80C, 80D, HRA, and home-loan interest.
Is the standard deduction included?
Yes — ₹75,000 in the new regime and ₹50,000 in the old regime for salaried individuals. You can switch it off if you are not salaried.
Does this include surcharge for high incomes?
No — this is a simplified estimator. It applies slab rates and 4% cess but does not compute surcharge for incomes above ₹50L.
What is the 87A rebate?
If your taxable income is up to ₹7L (new regime) or ₹5L (old regime), the entire tax is rebated, making your tax zero.