Income tax: new regime vs old regime
For a resident individual. Results update as you type.
What this calculator covers
- New regime: nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% in ₹4 lakh steps, and 30% above ₹24 lakh. Standard deduction ₹75,000 on salary. No tax up to ₹12 lakh of taxable income (rebate up to ₹60,000), with marginal relief just above it.
- Old regime: nil up to ₹2.5 lakh (₹3 lakh at 60–79, ₹5 lakh at 80+), then 5%, 20% and 30%. Standard deduction ₹50,000 on salary. No tax up to ₹5 lakh of taxable income (rebate up to ₹12,500).
- Surcharge at 10%, 15% and 25% above ₹50 lakh, ₹1 crore and ₹2 crore (and 37% above ₹5 crore in the old regime), with marginal relief. Health and education cess of 4%.
- Not covered: capital gains and other income taxed at special rates (the rebate does not apply to them), agricultural income, losses, alternate minimum tax, and relief for arrears.
- Rates: Finance Act 2025, continued for Tax Year 2026-27.
GST: add or extract tax
Rates from 22 September 2025. The rate for a supply depends on its HSN or SAC code.
Contact the office
Opp. NRI Sabha, Court Road, Civil Lines, Jalandhar 144001, Punjab · Monday to Saturday, 10:00 AM – 7:00 PM