Old vs New Tax Regime Calculator India | beMyCalc

Why use India Old vs New Tax Regime Calculator?

Compare income tax under India's old regime (with 80C, HRA) vs new regime (lower slabs, limited deductions) for FY 2024-25.

What this is forEstimate tax under old vs new regime with your salary and deductions — before you pick one.

80C & HRAFactor common deductions so you are not comparing regimes on gross salary alone.

Share with your CAThe link preserves your inputs for a quick second opinion.

Good to knowTax laws change and depend on your full situation. Estimate only — not filing software or CA advice.

Worked Example: ₹15 LPA salary with ₹1.5L 80C + ₹1.2L HRA

Inputs

Gross Salary₹15,00,000
80C Deductions₹1,50,000
HRA Exemption₹1,20,000

Results

Old Regime Tax~₹1,95,000
New Regime Tax~₹1,45,000
Better ChoiceNew Regime

With moderate deductions, new regime often wins for ₹12–18 LPA range. High 80C + HRA + home loan claims favour old regime.

How India Old vs New Tax Regime Calculator Works

Enter gross annual salary and deductions available under the old regime. We apply FY 2024-25 slabs, standard deduction (₹50k old / ₹75k new), Section 87A rebate, and 4% cess to show which regime leaves more in your pocket.

Frequently Asked Questions

Which tax regime is better in India?

It depends on your income and deductions. Higher 80C/HRA claims often favour the old regime; lower deductions often favour the new regime.

Are these slabs official?

Slabs follow FY 2024-25 Union Budget rates. Always confirm with a CA or the Income Tax portal before filing.

Can I switch between old and new regime every year?

Salaried individuals can choose each financial year. Business income taxpayers have restrictions after opting out of old regime.

Disclaimer

This calculator gives you an estimate only. It is not a promise of exact results.
This is general information, not personal financial, tax, or legal advice.
You are responsible for your own decisions. Talk to a qualified professional when it matters.
Tax laws change and depend on your income, country, and personal situation.
Indian tax and government scheme rules can change each financial year. Please confirm with official sources or a chartered accountant (CA).

Full site disclaimer

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Worked Example: ₹15 LPA salary with ₹1.5L 80C + ₹1.2L HRA

Inputs

Gross Salary₹15,00,000
80C Deductions₹1,50,000
HRA Exemption₹1,20,000

Results

Old Regime Tax~₹1,95,000
New Regime Tax~₹1,45,000
Better ChoiceNew Regime

With moderate deductions, new regime often wins for ₹12–18 LPA range. High 80C + HRA + home loan claims favour old regime.

How India Old vs New Tax Regime Calculator Works

Frequently Asked Questions

Which tax regime is better in India?

It depends on your income and deductions. Higher 80C/HRA claims often favour the old regime; lower deductions often favour the new regime.

Are these slabs official?

Slabs follow FY 2024-25 Union Budget rates. Always confirm with a CA or the Income Tax portal before filing.

Can I switch between old and new regime every year?

Salaried individuals can choose each financial year. Business income taxpayers have restrictions after opting out of old regime.

Disclaimer

This calculator gives you an estimate only. It is not a promise of exact results.
This is general information, not personal financial, tax, or legal advice.
You are responsible for your own decisions. Talk to a qualified professional when it matters.
Tax laws change and depend on your income, country, and personal situation.
Indian tax and government scheme rules can change each financial year. Please confirm with official sources or a chartered accountant (CA).

Full site disclaimer

Related Calculators

Income Tax Calculator

Estimate income tax with flat rate or progressive tax brackets on annual taxable income.

Calculate now →

GST Calculator

Calculate GST amount on goods and services — add GST to base price or extract from inclusive price.

Calculate now →

VAT Calculator

Calculate Value Added Tax on purchases and invoices for any VAT rate.

Calculate now →

Sales Tax Calculator

Calculate sales tax on retail purchases and find pre-tax or post-tax prices instantly.

Calculate now →