FY 2026-27

New vs Old
Tax Regime Calculator

Fill your details • Get instant recommendation

💼
Income Details
Gross salary, basic, city
▼
₹
Total CTC before any deductions
₹
Check your salary slip
Metro — 50% HRA exemption
Non-Metro — 40% HRA exemption
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HRA — House Rent Allowance
Old regime only • Sec 10(13A)
▼
₹
From your salary slip
₹
Enter 0 if living in own house
HRA Exemption = Least of:
1. Actual HRA received
2. 50% (Metro) / 40% (Non-Metro) of Basic+DA
3. Actual Rent − 10% of Basic+DA
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Exemptions
LTA, Hostel, School Fees, Meal, Transport
▼
₹
Old regime only • Actual travel cost
₹
Max ₹9,000/month per child • Max 2 children = ₹2,16,000/yr
₹
Max ₹3,000/month per child • Max 2 children = ₹72,000/yr
₹
Transport system employees only • 70% of allowance up to ₹25,000/month
₹
₹200/meal × 250 days = ₹50,000 max benefit
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Deductions
80C, NPS, Home Loan, Medical Insurance
▼
₹
Max ₹1,50,000 • Old regime only
₹
Max ₹50,000 • Old regime only
₹
✓ Both regimes • Max 14% of Basic+DA
₹
Old regime: max ₹2,00,000 • Enter 0 if none
₹
Old regime only
₹
Old regime only
Are your parents above 60?
Are you above 60?
Based on your inputs, you should choose
New Tax Regime
New Regime
monthly in-hand
Old Regime
monthly in-hand
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Tax Comparison

ParticularsNewOld
Gross Income
Total Deductions
Taxable Income
Income Tax
Surcharge
4% Cess
Total Tax
Monthly Tax
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Deductions Breakdown

New Old
  • Standard Deduction
  • 80C (ELSS/PPF/LIC)
    ₹ 0
  • 80CCD(1B) NPS Self
    ₹ 0
  • 80CCD(2) NPS Employer
  • HRA Exemption
    ₹ 0
  • 80D Medical Insurance
    ₹ 0
  • LTA
    ₹ 0
  • Hostel Allowance
    ₹ 0
  • Education Allowance
    ₹ 0
  • Transport Allowance
    ₹ 0
  • Other Benefits
    ₹ 0
  • Home Loan 24b
    ₹ 0
  • Total Deductions

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Tax Slabs — FY 2026-27

New Regime
₹0 – ₹4,00,0000%
₹4,00,001 – ₹8,00,0005%
₹8,00,001 – ₹12,00,00010%
₹12,00,001 – ₹16,00,00015%
₹16,00,001 – ₹20,00,00020%
₹20,00,001 – ₹24,00,00025%
Above ₹24,00,00030%
Old Regime
₹0 – ₹2,50,0000%
₹2,50,001 – ₹5,00,0005%
₹5,00,001 – ₹7,50,00020%
₹7,50,001 – ₹10,00,00020%
₹10,00,001 – ₹12,50,00030%
₹12,50,001 – ₹15,00,00030%
Above ₹15,00,00030%
Rebate 87A: New Regime — zero tax up to ₹12L. Old Regime — zero tax up to ₹5L.
Standard Deduction: New ₹75,000 | Old ₹50,000.
Surcharge: Only above ₹50L. Cess: 4% on all tax.

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