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Income tax calculator: old vs new regime
Compare your tax under both regimes for FY 2026-27 and see which one leaves you with more.
New regime
a year · a month
Standard deduction₹75,000
Taxable income
Tax on slabs
Rebate
Cess 4%
Old regime
a year · a month
Standard deduction₹50,000
Other deductions
Taxable income
Tax on slabs
Rebate
Cess 4%
Income above ₹50 lakh also pays a surcharge, which this calculator does not include.
Estimates for general information, using rules checked 22 October 2026. Not tax or legal advice. Nothing you enter leaves your browser.
How it is worked out
This is for resident individuals below 60, for FY 2026-27 (assessment year 2027-28). Budget 2026 kept the slabs from the year before.
New regime: nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% in ₹4 lakh steps, and 30% above ₹24 lakh. The standard deduction is ₹75,000. If taxable income is ₹12 lakh or less, the rebate brings tax to nil. Just above ₹12 lakh, marginal relief caps the tax at the income above ₹12 lakh.
Old regime: nil up to ₹2.5 lakh, 5% to ₹5 lakh, 20% to ₹10 lakh and 30% above. The standard deduction is ₹50,000, and deductions such as 80C, 80D, HRA and home loan interest reduce taxable income. A rebate of up to ₹12,500 applies if taxable income is ₹5 lakh or less.
Both regimes add 4% health and education cess. Your employer deducts the tax as TDS every month, spread over the year.
Sources · checked 22 October 2026