FY 2024-25 / AY 2025-26

Income Tax Calculator

Compare Old vs New tax regime. Instantly see which one saves you more.

New Regime saves you 29,900

That's 2,492/month more in your pocket

Monthly

94,042

take-home

Eff. Rate

6.0%

of gross

Gross Annual Income

12.00 L

3L1Cr

DeductionsOld regime only

80C(max 1.5L)1.50 L

80D(health insurance)25,000

80CCD(1B)(NPS, max 50K)50,000

HRA Exemption0

Total deductions (Old): 2.75 L incl. standard deduction of 50K

Tax Comparison

Old Regime

1.01 L

8.5%

Take-home: 91,550/moEff. rate: 8.5%

New RegimeBETTER

71,500

6.0%

Take-home: 94,042/moEff. rate: 6.0%

Difference: 29,900 / year (2,492/mo)

Old Regime

Gross Income12.00 L

Standard Deduction-50,000

80C + 80D + NPS-2.25 L

Taxable Income9.25 L

Tax on Income97,500

4% Cess3,900

Total Tax1.01 L

Monthly Take-home91,550

New Regime

Recommended

Gross Income12.00 L

Standard Deduction-75,000

Taxable Income11.25 L

Tax on Income68,750

4% Cess2,750

Total Tax71,500

Monthly Take-home94,042

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