FY 2025-26 · Union Budget 2025

New vs Old Tax Regime

Enter your income and deductions. We'll tell you exactly which regime saves you more — and why.

Verified: February 2025 · Union Budget 2025

New RegimeDefault
  • Lower slab rates
  • Zero tax up to ₹12.75L (salaried)
  • Less paperwork
  • No 80C, 80D, HRA deductions
  • No home loan interest deduction
Old RegimeOptional
  • 80C deduction up to ₹1.5L
  • HRA exemption available
  • Home loan interest deduction
  • Higher slab rates
  • More documentation required

Your Income & Deductions

Deductions only apply under the old regime — enter what you actually claim.

Income

Total income before any deductions (salary, business, other)

Old Regime Deductions (leave blank if not applicable)

LIC, PPF, ELSS, NSC, home loan principal

Health insurance for self, spouse, children

Health insurance for parents

Annual exempt HRA — calculate here

Self-occupied property only

Savings bank account interest

80E education loan, 80G donations, NPS etc.