Income Tax Calculator India 2025 — Old & New Tax Regime
India lets you pick between two tax systems: the Old regime, with higher rates but lots of deductions (80C, HRA, insurance), and the New regime, with lower rates but almost no deductions. Which one costs you less depends entirely on your deductions — there's no universal answer. This tool applies the current slabs to your income under both and shows the breakdown, so you can see which regime wins for you rather than guess.
Frequently Asked Questions
- Which tax regime is better — Old or New?
- The Old Regime suits those with large 80C, HRA, and NPS deductions. The New Regime has lower slabs but fewer deductions — often better for those with minimal investments.
- Is this for FY 2025-26?
- Yes — the calculator uses slab rates for Financial Year 2025-26 (Assessment Year 2026-27).
- Does this include surcharge?
- The tool includes the 4% health and education cess. Surcharge for income above ₹50L is not included — consult a tax professional for high-income estimates.