Tax year 2026-27 · Income-tax Act 2025

Old vs New Tax Regime

Move the sliders to match your salary, rent and investments. You'll see which regime leaves more in your pocket, by how much each month, and what it would take to change the answer.

Salary

Gross salary for the yearBefore tax, including allowances, bonus and any employer NPS contribution (CTC basis)

₹

Basic salary shareBasic + DA as a % of gross. Usually 40–50%.

Employer NPS contribution% of basic your employer puts into NPS

Other incomeInterest, rent received and similar

₹

Your age

Rent and HRA Old regime only

HRA received for the yearFrom your salary slip

₹

Rent you pay per month

₹

I live in one of the 8 big citiesMumbai, Delhi, Kolkata, Chennai, Bengaluru, Hyderabad, Pune, Ahmedabad (50% HRA limit instead of 40%)

Investments and deductions Old regime only

PF, PPF, ELSS, insurance, tuition feesOld 80C, now Section 123. Add each one separately; up to ₹1.5 lakh in total counts.

Your own extra NPSOld 80CCD(1B), over and above the ₹1.5 lakh

₹

Health insurance and check-upsOld 80D, now Section 126. Your family and your parents have separate limits.

Self, spouse, children

Parents

My parents are 60 or olderRaises the parents' limit from ₹25,000 to ₹50,000

Home-loan interestOn the house you live in, up to ₹2 lakh

₹

Professional taxShown on your payslip in most states

₹

How this works

New regime: 0 / 5 / 10 / 15 / 20 / 25 / 30% with breaks at ₹4, 8, 12, 16, 20 and 24 lakh. ₹75,000 standard deduction. Taxable income up to ₹12 lakh is tax-free through the rebate (so salary up to ₹12.75 lakh), with marginal relief just above. Employer NPS up to 14% of basic is deductible. Most other deductions and HRA don't apply.
Old regime: 0 / 5 / 20 / 30% with breaks at ₹2.5, 5 and 10 lakh (exemption ₹3 lakh at 60–79 and ₹5 lakh at 80+). ₹50,000 standard deduction, rebate up to ₹5 lakh, and deductions for HRA, PF/PPF/ELSS (₹1.5 lakh), own NPS (₹50,000), health insurance, home-loan interest (₹2 lakh) and professional tax. Employer NPS up to 10% of basic.
HRA exemption: the lowest of HRA received, rent minus 10% of basic, and 50% of basic (8 big cities, from 1 April 2026) or 40% elsewhere.
4% cess applies to both. Surcharge applies above ₹50 lakh, capped at 25% in the new regime.

An estimate for resident individuals using rates confirmed in Budget 2026 and the Income-tax Rules, 2026. It doesn't cover capital gains, perquisites or arrears. Check your final return with a CA.