Tax Regime Calculator

Example figures loaded — replace with your own

⚠ Before sharing this report: please make sure you're comfortable with the methodology this calculator uses. Review methodology →

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Report generated—

Personal details

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Age category Sets which old-regime slab applies. The new regime uses one slab for everyone.

Salary income

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HRA exemption and professional tax apply in the old regime only. Both regimes get the flat standard deduction.

Gross salary (before std. deduction)

Std. deduction: ₹50,000 (old) / ₹75,000 (new).

Basic + DA (annual, for HRA)

Also sets the 80CCD(2) cap: 14% of this figure.

HRA received (annual)

Rent actually paid (annual)

Exemption = least of: HRA received, rent − 10% of Basic+DA, 50%/40% of Basic+DA (metro/non-metro).

City type

Professional tax paid

House property income

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Let-out: interest is deductible against rent in both regimes, but a resulting loss can only offset other income up to ₹2L in the old regime, and not at all in the new regime. Self-occupied: interest is deductible (capped ₹2L) in the old regime only.

Property type

Annual rent received (if let-out)

Municipal taxes paid

Home loan interest paid (annual)

Self-occupied: capped ₹2L (old regime only). Let-out: no cap on the interest itself, but a resulting loss is capped ₹2L for set-off against other income (old regime).

Business / professional income

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Presumptive schemes (44AD/44ADA) are available under both regimes. If turnover exceeds the limit for the cash % entered, switch to regular books.

Type

Turnover / gross receipts

% of receipts in cash≤5% cash keeps the higher (digital) limit.

Net profit (only if regular books)

Capital gains

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Same tax treatment in both regimes — enter gains already classified as short-term or long-term from your broker/CAS statement.

Straightforward categories

Equity / equity MF — STCG (<12mo, 20%)

No exemption — fully taxable at 20%.

Equity / equity MF — LTCG (≥12mo)

First ₹1,25,000 exempt each year; 12.5% on the rest.

Debt MF / market-linked debentures

Taxed at your slab rate, not a flat CG rate.

Other assets — STCG (slab rate)

Property held <24mo, gold, unlisted shares.

Other assets — LTCG, no indexation (12.5%)

No exemption threshold (unlike equity LTCG) — fully taxable at 12.5%. For gold/unlisted shares, or property bought on or after 23-Jul-2024.

Property bought before 23‑Jul‑2024 — indexation check

Leave at 0 if not applicable. Automatically picks whichever of 12.5% (no indexation) or 20% (with indexation) is lower tax, as the law allows for resident individuals/HUFs selling land or a building.

Sale value

Cost of acquisition

Cost of improvement

Expenses on transfer

Financial year of purchase

Financial year of sale

Income from other sources

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80TTA (up to ₹10,000 on savings interest) / 80TTB (up to ₹50,000 for senior citizens, all interest) apply in the old regime only.

Savings bank interest

80TTA cap: ₹10,000 (below 60, old regime).

Fixed deposit / other interest

Counts toward 80TTB cap: ₹50,000 combined with savings interest (60+, old regime).

Dividend income

Chapter VI-A deductions

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80C, 80D, 80CCD(1B) and "other" apply in the old regime only. 80CCD(2) — employer's NPS contribution — is allowed in both regimes, but the cap depends on your employer type and regime (see below).

80C — PF / ELSS / insurance / tuition (cap ₹1.5L)

80D — health insurance premium

Self-cap: ₹25,000 general, ₹50,000 if you or your parents are senior citizens.

80CCD(1B) — additional NPS, self (cap ₹50,000)

Employer type (for 80CCD(2) cap)Govt employees get 14% of Basic+DA in both regimes. Private-sector: 10% old regime, 14% new regime (raised in Budget 2024).

80CCD(2) — employer's NPS contribution

Only deduction both regimes allow — cap set by employer type above.

Other Chapter VI-A (80E / 80G / 80EEA etc.)

No single cap modelled — each of 80E/80G/80EEA has its own real-world limit; enter your actual eligible total.

Old regime

Taxable income—

Total tax—

Effective rate—

New regime

Taxable income—

Total tax—

Effective rate—

Income & tax breakdown

Full line-by-line workings

This is a software-generated report giving a prima facie estimate of your tax liability, based on preset calculation logic that models the current tax code. It is intended only as an approximation — not a substitute for a chartered accountant, especially near surcharge thresholds, for mixed presumptive/regular-books business income, or anything unusual (foreign assets, ESOPs, HUF income, clubbing provisions). Please rely on a qualified tax professional for filing — this report does not constitute tax advice. Full scope, rates & limitations →

Methodology & assumptions

Everything that drives the calculator on the previous page — the rates it uses and where it deliberately simplifies. Read this before relying on the comparison for a filing decision.

Rates & assumptions used — FY 2025-26 (AY 2026-27)

Every figure below drives the calculation on the Calculator page. Compiled from Cleartax, Bajaj Finserv, TaxGuru, TaxBuddy and TaxFetch India (accessed August 2026) — cross-check against the Income Tax Department (incometaxindia.gov.in) before filing, since rules can be amended mid-year.

Scope & known simplifications

What the calculator covers in full, and where it deliberately simplifies.

What this covers

Salary with HRA exemption and professional tax (old regime) and the flat standard deduction (both regimes).
House property income, including the old-regime ₹2L loss set-off cap and the new-regime bar on inter-head set-off.
Business/professional income under presumptive taxation (44AD/44ADA) or regular books, with a turnover-limit check.
Capital gains across equity, equity MFs, debt MFs, property, gold and unlisted shares — post-23-Jul-2024 rates, with the transitional indexation option for property bought earlier.
Other sources — savings/FD interest and dividends, with 80TTA/80TTB (old regime).
Chapter VI-A deductions (80C, 80D, 80CCD(1B), 80CCD(2), other) — correctly restricted to the old regime except 80CCD(2), which is allowed in both, at 14% of Basic+DA for government employees, and 10% (old regime) / 14% (new regime) for private-sector employees.
Section 87A rebate with marginal relief for the new regime (₹12L threshold) and the old regime's ₹5L cliff.
Surcharge across all four thresholds, with the 15% cap for capital gains under 111A/112/112A, and 4% cess.

What it simplifies

Surcharge marginal relief near the ₹50L/1cr/2cr/5cr thresholds is flagged, not computed — get the exact figure from a CA if flagged.
The 15% surcharge cap is applied to capital-gains tax but not separately to dividend income's share — relevant only above ₹50L total income with meaningful dividend income.
Alternate Minimum Tax (Sec 115JC) is out of scope.
80D is taken at face value — enter the age-correct capped figure yourself (₹25,000 general, ₹50,000 for senior citizens).
If deductions exceed slab-rate income, the slab-rate portion is floored at zero rather than reducing capital-gains tax.
House-property losses that can't be used this year are noted but not tracked into future years.
Carry-forward of prior-year capital or business losses is not modelled — this is a single-year snapshot.
TDS, advance-tax instalments and interest under 234A/B/C are not computed — this gives the final annual liability, not the payment schedule.