Tax Calculator — Free Online Calculator
Old vs new regime. Free tax calculator with instant results.
Last updated: 2026-06-01
Input Details
Section 80C, 80D, HRA, Standard Deduction, etc.
Taxable Income (Old Regime):
₹8,00,000
Tax Summary
Old Regime
₹62,400
New Regime
₹15,600
Best Option for You
New Tax Regime
Saves you ₹46,800 per year
Regime Comparison
- Old Regime
- New Regime
Tax Breakdown (Old Regime)
Tax Amount
₹60,000
Cess (4%)
₹2,400
Total Tax Liability
₹62,400
Income Distribution
Understanding Tax Regimes
Old Tax Regime
The old tax regime allows for various deductions and exemptions under different sections of the Income Tax Act, such as Section 80C, 80D, HRA, etc.
Tax Slabs:
- Income up to ₹2.5 lakhs: No tax
- ₹2.5 lakhs to ₹5 lakhs: 5%
- ₹5 lakhs to ₹10 lakhs: 20%
- Above ₹10 lakhs: 30%
New Tax Regime
The new tax regime offers lower tax rates but removes most deductions and exemptions available under the old regime.
Tax Slabs:
- Income up to ₹3 lakhs: No tax
- ₹3 lakhs to ₹6 lakhs: 5%
- ₹6 lakhs to ₹9 lakhs: 10%
- ₹9 lakhs to ₹12 lakhs: 15%
- ₹12 lakhs to ₹15 lakhs: 20%
- Above ₹15 lakhs: 30%
Data sources
Rates and thresholds on this page are based on official publications. Verify against the source for your specific circumstances.
- Central Board of Direct Taxes (CBDT) — verified 2026-06-01 · India income tax slabs and filing guidance
Results are estimates for planning purposes only. Verify important financial or health decisions with a qualified professional.
Related guides
- Common Tax Deductions Explained
Standard vs itemized deductions, Schedule A, above-the-line deductions, and credits compared.
- How Tax Brackets Work (Marginal vs Effective Rate)
US federal tax brackets explained — marginal vs effective rate, worked examples, and common myths.