Tax Saving Calculator
Compare the old and new tax regimes to find out which one saves you more money.
Income Tax Calculator
Compare Old vs New tax regimes and find which one saves you more. Includes Section 80C, 80D, HRA, and NPS deductions.
Income
Deductions (Old Regime only)
Old Regime
With deductions and exemptions
₹86,840
Total Tax (incl. cess)
Slab Breakdown
New Regime
Lower rates, no deductions (₹75K std. deduction)
₹71,500
Total Tax (incl. cess)
Slab Breakdown
You save ₹15,340 with the New Regime
New: ₹71,500 vs Old: ₹86,840
What this means for you
Based on your annual income of ₹12.00 L and total deductions of ₹3.45 L, the New Regime saves you ₹15,340 more in taxes. The New Regime works better for you because your deductions are not high enough to offset the lower slab rates. Consider increasing your 80C investments if you want the Old Regime to be competitive.
Old Regime vs New Regime — Key Differences
| Feature | Old Regime | New Regime (Default) |
|---|---|---|
| Section 80C deduction | Up to Rs 1,50,000 | Not available |
| Section 80D (health insurance) | Up to Rs 75,000 | Not available |
| HRA exemption | Available | Not available |
| Home loan interest (24b) | Up to Rs 2,00,000 | Not available |
| Standard deduction | ₹50,000 | ₹75,000 |
| Basic exemption limit | ₹2,50,000 | ₹3,00,000 |
Rule of thumb: If your total deductions (80C + 80D + HRA + 24b + others) exceed Rs 3,75,000, the old regime is likely better for you. Otherwise, the new regime with its lower slab rates offers a simpler and often cheaper option.
Tax calculations are based on the Income Tax Act as applicable for FY 2025-26 (AY 2026-27). Surcharge and cess are included. Actual tax liability may differ. Consult a Chartered Accountant for personalised advice. © 2026 RupeeLens. All rights reserved.
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