New vs Old Tax Regime Comparison
Side-by-side comparison of old and new tax regimes to pick the best.
Income & Deductions
Deductions below apply only to the Old Regime. New Regime allows only standard deduction (₹50,000).
New Regime is Better for You
You save ₹26,000 by choosing the New Regime.
Your tax under New Regime
₹75,400
Side-by-Side Comparison
| Component | Old Regime | New Regime |
|---|---|---|
| Gross Income | ₹12,00,000 | ₹12,00,000 |
| Total Deductions | ₹2,75,000 | ₹50,000 |
| Taxable Income | ₹9,25,000 | ₹11,50,000 |
| Basic Tax | ₹97,500 | ₹72,500 |
| Surcharge | ₹0 | ₹0 |
| Education Cess (4%) | ₹3,900 | ₹2,900 |
| Total Tax | ₹1,01,400 | ₹75,400 |
| In-hand (Monthly) | ₹91,550 | ₹93,717 |
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About New vs Old Tax Regime Comparison
Side-by-side comparison of old and new tax regimes to pick the best. Use this free calculator to make informed financial decisions. All calculations are performed instantly in your browser — no login required, no data stored.
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Frequently Asked Questions
How accurate is this calculator?
This calculator uses standard financial formulas and is designed for educational and planning purposes. For precise financial advice, please consult a certified financial planner.
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