Indian Income Tax Calculator

Compare Old vs New regime · FY 2023-24 to 2025-26

Financial Year FY 2025-26 (AY 2026-27) FY 2024-25 (AY 2025-26) FY 2023-24 (AY 2024-25)

Personal Information

Age Group Below 60 years 60 to 80 years (Senior Citizen) 80+ years (Super Senior)

Residential Status Resident Non-Resident (NRI) Resident but Not Ordinarily Resident

Salary Income ▾

Gross Salary (CTC / Annual)

₹

Basic + DA

₹

HRA Received

₹

Rent Paid (Annual)

₹

Metro City (Delhi, Mumbai, Chennai, Kolkata)

EPF (Employee contribution)

₹

Professional Tax

₹

Employer NPS (80CCD(2))

₹

Allowed in both regimes (up to 14% of salary)

HRA Exemption (Old Regime):

Business / Professional Income ▾

Type None Presumptive (44AD) — Business Presumptive (44ADA) — Profession Non-Presumptive

Gross Turnover / Receipts

₹

Presumptive Rate 8% (Cash receipts > 5%) 6% (Digital receipts) 50% (44ADA — Profession) 44AD: 8% for cash, 6% for digital. 44ADA: 50%

Net Business Income (after expenses)

₹

House Property Income ▾

Property Type None Self-Occupied Let Out Both (Self-Occupied + Let Out)

Home Loan Interest (Self-Occupied)

₹

Max Rs. 2,00,000 deduction under Sec 24(b)

Annual Rent Received

₹

Municipal Taxes Paid

₹

Home Loan Interest (Let Out)

₹

No upper limit for let-out property

Capital Gains ▾

STCG on Equity (Section 111A)

₹

Taxed at 20% (FY 2025-26)

STCG on Other Assets

₹

Taxed at slab rates (added to normal income)

LTCG on Equity (Section 112A)

₹

Taxed at 12.5% above Rs. 1.25L exemption (FY 2025-26)

LTCG on Other Assets (Section 112)

₹

Taxed at 12.5% (FY 2025-26)

Income from Other Sources ▾

Savings Account Interest

₹

Deduction under 80TTA (up to 10K) / 80TTB (up to 50K for seniors)

FD / RD Interest

₹

Dividend Income

₹

Other Income

₹

Deductions (Old Regime only) ▾

These deductions apply only under the Old Tax Regime. The New Regime allows only standard deduction and 80CCD(2).

Section 80C (Max Rs. 1,50,000) ▾

PPF

₹

ELSS (Tax-saving MF)

₹

LIC Premium

₹

EPF (Employee share)

₹

Auto-filled from salary section if entered

NSC

₹

Tuition Fees

₹

Home Loan Principal

₹

Tax-saving FD

₹

Other 80C investments

₹

Total 80C: ₹ 0 / Rs. 1,50,000

80CCD(1B) — NPS (Self, additional)

₹

Max Rs. 50,000 (over and above 80C)

Section 80D — Medical Insurance ▾

Self & Family Premium

₹

Max Rs. 25,000 (Rs. 50,000 if senior)

Parents' Premium

₹

Max Rs. 25,000 (Rs. 50,000 if parent is senior)

Parents are Senior Citizens (60+)

Preventive Health Check-up

₹

Max Rs. 5,000 (included in 80D limit)

Other Deductions ▾

80E — Education Loan Interest

₹

Full interest amount (no limit)

80G — Donations

₹

Enter eligible deduction amount (50% or 100% of donation)

80DD — Disabled Dependent None Normal Disability (Rs. 75,000) Severe Disability (Rs. 1,25,000)

80DDB — Medical Treatment

₹

Max Rs. 40,000 (Rs. 1,00,000 for senior)

80U — Self Disability None Normal Disability (Rs. 75,000) Severe Disability (Rs. 1,25,000)

Tax Comparison — Old vs New Regime

Particulars	Old Regime	New Regime
Gross Total Income	₹ 0	₹ 0
Standard Deduction	₹ 0	₹ 0
Chapter VI-A Deductions	₹ 0	₹ 0
HRA Exemption	₹ 0	—
Taxable Income (Normal)	₹ 0	₹ 0
Tax on Normal Income	₹ 0	₹ 0
Rebate u/s 87A	₹ 0	₹ 0
Tax after Rebate	₹ 0	₹ 0
Tax on Capital Gains	₹ 0	₹ 0
Surcharge	₹ 0	₹ 0
Health & Education Cess (4%)	₹ 0	₹ 0
Total Tax Payable	₹ 0	₹ 0

Enter your income details above to see which regime saves you more tax.

Detailed Slab Breakdown ▾

Old Regime

Slab	Rate	Tax

New Regime

Slab	Rate	Tax

Recommended ITR Form

Enter your income details above to see the recommended ITR form.