Income Tax Calculator (India)
Compare Old vs New Regime for FY 2024-25 / AY 2025-26
Income Source
Deductions (Old Regime)
Only applicable for Old Tax Regime comparison.
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Enter your gross income and details to see a tax comparison.
Income Tax Calculator 2025: Choosing the Right Regime
The tax landscape in India has changed significantly with improvements to the New Tax Regime in Budget 2024-25. Deciding between the Old and New regime depends entirely on the deductions you can claim.
New Regime Benefits
- Lower tax rates for income up to ₹15 Lakhs.
- Standard Deduction increased to ₹75,000.
- Simpler process: No need to submit investment proofs.
- Tax-free income up to ₹7.75 Lakhs (Income ₹7L + Std Ded).
Old Regime Benefits
- Beneficial if you have high HRA, Loan Interest, or 80C investments.
- Allows carry forward of losses in some cases.
- Section 80C (1.5L) + 80D (Mediclsim) + 80CCD (NPS) + HRA.