New vs Old Tax Regime Calculator India
Compare your tax liability under both regimes for FY 2026-27 / AY 2027-28 and discover which saves you more — with break-even deduction analysis.
Your Income Details
Standard deduction: ₹75,000 (New) / ₹50,000 (Old) will be applied.
80C/80CCC/80CCD(1), 80D, HRA, LTA, home loan interest and other deductions. Click to expand.
Only deductions specifically allowed under the new regime (e.g. employer NPS under 80CCD(2)). Click to expand.
Want your monthly take-home salary? Use the In-Hand Salary Calculator
Enter Details to Compare
Fill in your income and deductions, then click Compare to see which regime saves you more tax and the break-even analysis.
Understanding New vs Old Tax Regime
How to choose between New and Old Tax Regime
The simplest way: calculate total tax under both regimes and pick the lower one. This calculator does exactly that. As a general rule, if your total eligible deductions (excluding standard deduction) are low, the New Regime wins. If you have substantial deductions via 80C, HRA, home loan interest or 80D, the Old Regime may be better.
Why break-even deduction matters
The break-even deduction is the minimum total old-regime deduction at which the Old Tax Regime's net tax becomes equal to or lower than the New Regime. If you cannot claim deductions above this threshold, there is no benefit to choosing the Old Regime. Knowing this number helps you make a clear, data-backed decision without guessing.
Which deductions usually help the Old Regime
Section 80C investments (PPF, ELSS, NPS, LIC) up to ₹1.5 lakh, Section 80D health insurance premiums, HRA exemption if living on rent, LTA, home loan interest deduction under Section 24 (up to ₹2 lakh for self-occupied property), and additional NPS contribution under 80CCD(1B) up to ₹50,000 are the primary deductions that shift the balance toward the Old Regime.
Why the New Regime is simpler
The New Regime requires no investment proofs, no rent receipts, no Section 80 documentation, and no annual tax-saving planning. It is especially suitable for younger earners, employees who prefer spending flexibility, and those who do not have large eligible deductions. The higher rebate threshold (₹12 lakh for New Regime) also makes it attractive for mid-income earners.
Want to see your monthly take-home salary?
Estimate your monthly in-hand salary after PF, professional tax, and TDS with the selected regime.
Want to estimate your gratuity?
Calculate gratuity eligibility on exit or estimate future gratuity with salary growth projections.
Disclaimer
This calculator provides approximate estimates based on standard tax rules for the selected financial year. Actual tax liability may differ based on income composition, residential status, specific exemption eligibility, and other factors. Break-even deduction figures are indicative. Consult a qualified tax professional or refer to the Income Tax Act and the relevant Finance Act before filing your return.