Compare old vs new tax regime with your exact numbers. See which regime saves you more and by how much.
0 if you don't pay rent or live in own house
PPF + ELSS + LIC + PF + Home Loan Principal (max ₹1.5L)
Additional ₹50,000 deduction — over and above 80C
Section 24(b) — max ₹2L for self-occupied
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For most salaried employees with home loan, HRA, 80C investments (PPF, ELSS, insurance), and NPS, the old regime saves more tax. For those with fewer deductions or higher income above ₹15L, the new regime is usually better. Use our old vs new regime calculator to check your specific numbers.
Under the new regime FY 2025-26: 0% up to ₹3L, 5% ₹3-7L (with ₹7L full rebate), 10% ₹7-10L, 15% ₹10-12L, 20% ₹12-15L, 30% above ₹15L. Standard deduction ₹75,000 is available under the new regime.
Yes. Under the new tax regime for FY 2025-26, income up to ₹7 lakh is effectively tax-free due to Section 87A rebate. After standard deduction of ₹75,000, effectively income up to ₹7.75L has zero tax liability.
The standard deduction is ₹75,000 for FY 2025-26 (increased from ₹50,000 in FY 2023-24). It is available under both old and new tax regimes for salaried employees and pensioners.
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India's income tax system for FY 2025-26 operates on two parallel regimes. Under the new tax regime (default since FY 2023-24), tax slabs are lower but most deductions are removed — only the ₹75,000 standard deduction remains. Under the old tax regime, higher rates apply but you can claim HRA, 80C (₹1.5L), 80D (₹25K health insurance), home loan interest (₹2L), and NPS (₹50K extra under 80CCD 1B). Most salaried Indians at ₹10L–15L with home loans and active 80C deductions save ₹20,000–₹90,000/year by sticking with the old regime.
| Income Range | Tax Rate | Note |
|---|---|---|
| Up to ₹3,00,000 | Nil | Zero tax |
| ₹3L – ₹7L | 5% | Rebate u/s 87A → zero tax up to ₹7L |
| ₹7L – ₹10L | 10% | — |
| ₹10L – ₹12L | 15% | — |
| ₹12L – ₹15L | 20% | — |
| Above ₹15L | 30% | + 4% health & education cess |