New regime
✓ Pays less- Taxable income
- ₹14,25,000
- Tax on slabs
- ₹93,750
- Health & education cess
- ₹3,750
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Old vs New Tax Regime Calculator
See which tax regime costs you less, with HRA, 80C, 80D, home-loan interest and NPS.
Financial year
Your age
Income (yearly)
₹
Total salary before any exemption, as on your Form 16 / payslips × 12.₹
Needed for HRA and employer NPS.₹
Deduction up to ₹10,000 (80TTA) in the old regime.House rent (HRA)
Do you get HRA and pay rent?
₹
₹
From FY 2026-27, Bengaluru, Hyderabad, Pune and Ahmedabad get the 50% metro rate too.
Deductions (old regime only)
₹
Max ₹1,50,000 — EPF, PPF, ELSS, life insurance, tuition fees, home-loan principal.₹
80D · Max ₹25,000₹
Is a parent 60 or older?
₹
80CCD(1B) · Max ₹50,000, on top of 80C.₹
Max ₹2,00,000₹
Max ₹2,500Allowed in both regimes
₹
80CCD(2): up to 14% of basic + DA in the new regime, 10% in the old.Two regimes, one salaryFY 2026-27 · ₹15,00,000 gross
The new regime saves you ₹34,320 a year.
Old regime
- Taxable income
- ₹10,47,500
- Tax on slabs
- ₹1,26,750
- Health & education cess
- ₹5,070
For the old regime to cost no more than the new one, you'd need about ₹1,41,226 more in old-regime deductions than you entered.
Your HRA exemption: ₹2,25,000
Metro city: 50% of basic + DA. The exemption is the lowest of these three:
- HRA you received
- ₹3,00,000
- Rent paid minus 10% of basic + DAApplies
- ₹2,25,000
- The % of basic + DA for your city
- ₹3,75,000
The remaining ₹75,000 of HRA is taxed as salary. The new regime gives no HRA exemption. Need receipts? Make rent receipts.
What was deducted
| Deduction | New regime | Old regime |
|---|---|---|
| Standard deduction | ₹75,000 | ₹50,000 |
| HRA exemption | ₹0 | ₹2,25,000 |
| Professional tax | ₹0 | ₹2,500 |
| 80C (PF, PPF, ELSS, insurance…) | ₹0 | ₹1,50,000 |
| 80D (health insurance) | ₹0 | ₹25,000 |
How this is worked out
New regime (FY 2026-27): 0% up to ₹4 lakh, then 5% to 30% in ₹4 lakh steps, a ₹75,000 standard deduction, and no tax at all up to ₹12 lakh of taxable income (section 87A rebate, with marginal relief just above it). Most deductions aren't allowed, except the employer's NPS contribution.
Old regime: 5% / 20% / 30% slabs (higher exemption for 60+ and 80+), a ₹50,000 standard deduction, and the deductions above within their limits. Both add 4% cess, and surcharge above ₹50 lakh. The figures use the same tax engine as our free ITR filing guide, which also handles TDS, interest and capital gains.
An estimate for salaried individuals, not tax advice. Check your final figures against your Form 16 or with a tax professional. Calculated in your browser; nothing you enter is sent anywhere.