Income Tax Estimator
Compare old and new regimes for FY 2025-26 or FY 2024-25 with a fuller salaried and freelancer-friendly input set.
Tip: Use FY 2025-26 for income earned between April 1, 2025 and March 31, 2026.
Enter the calculator assumptions first. The old-vs-new recommendation and the full breakdown will appear below this form.
Senior-citizen slab benefit under the old regime is resident-only.
Section 87A rebate is applied only for resident individuals.
Income mix
Salary details and exemptions
Use this for LTA or other exempt allowances already worked out by you.
Applied only under the old regime.
Used as an 80CCD(2) deduction in both regimes.
Deductions and taxes paid
Old regime only. Auto-capped at Rs 1,50,000.
Enter your eligible amount.
Old regime only. Auto-capped at Rs 50,000.
Old regime only. 80TTA or 80TTB cap is applied.
Old regime only. Auto-capped at Rs 2,00,000.
Use this for 80E, 80G or similar eligible deductions.
After changing salary, rent, metro status or deductions, click compare again to refresh the result cards below.
Income tax comparison
Fill in the calculator above, then the recommendation, comparison table and full old-vs-new details will appear below.
Use the income tax estimator for a fast old-vs-new regime comparison in common India individual-tax scenarios. It separates salary, business or freelance income, interest income, deductions, and tax already paid so you can compare regimes with more context than a single annual-income field.
1. Choose the financial year and tax profile
Start with the correct financial year, residential status, and age category because rebate and slab handling can change with those inputs.
2. Enter income sources separately
Fill salary, freelance or business income, savings interest, and any other taxable income instead of combining everything into one number.
3. Add deductions and tax already paid
Enter HRA-related details, 80C, 80D, NPS, home-loan interest, and any TDS or advance tax already paid where applicable.
4. Compare both regimes before deciding
Review total tax, take-home impact, and the recommendation card together because the better regime depends on your real deduction mix.
Which year should I choose?
Choose FY 2025-26 for income earned from April 1, 2025 to March 31, 2026. Use FY 2024-25 only for income earned from April 1, 2024 to March 31, 2025.
Why does residential status matter?
Certain rebate rules, including Section 87A treatment, depend on whether the taxpayer qualifies as a resident individual.
Does the calculator compute HRA automatically?
Yes. If you provide the required salary, DA, rent, and metro-status details, the estimator applies HRA logic on the old-regime side.
Why are some deductions ignored in the new regime?
Because many traditional exemptions and Chapter VI-A deductions do not reduce taxable income under the new regime, while a smaller set such as eligible employer NPS contributions can still matter.
Can I rely on this number for filing my return?
Use it for planning and comparison. Before filing, reconcile the result with your Form 16, interest certificates, and final tax documents.