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.

₹