Calculate your income tax under new and old regimes with detailed slab-wise breakdown
Total Tax Payable
₹52,000
Effective Tax Rate
5.2%
Monthly In-Hand
₹79,000
Base Tax
₹50,000
Surcharge
₹0
Cess (4%)
₹2,000
Slab-wise Breakdown
| Income Range | Rate | Tax |
|---|---|---|
| ₹0 – ₹3L | 0% | ₹0 |
| ₹3L – ₹7L | 5% | ₹20,000 |
| ₹7L – ₹10L | 10% | ₹30,000 |
| ₹10L – ₹12L | 15% | ₹0 |
| ₹12L – ₹15L | 20% | ₹0 |
| Above ₹15L | 30% | ₹0 |
| Income Range | Tax Rate |
|---|---|
| ₹0 – ₹3,00,000 | 0% |
| ₹3,00,001 – ₹7,00,000 | 5% |
| ₹7,00,001 – ₹10,00,000 | 10% |
| ₹10,00,001 – ₹12,00,000 | 15% |
| ₹12,00,001 – ₹15,00,000 | 20% |
| Above ₹15,00,000 | 30% |
* Section 87A rebate: Zero tax for income up to ₹7 lakh under new regime. Cess of 4% applicable on tax + surcharge.
ELSS, PPF, EPF, NSC, LIC, home loan principal, 5-year FD
Health insurance premiums for self, spouse, children, parents
NPS contribution — over and above 80C limit
Rent paid minus 10% of salary, limited to actual HRA received
Available to all salaried employees and pensioners automatically
If your total deductions (80C, HRA, 80D, etc.) exceed approximately ₹3-3.5 lakh, the old regime may save more tax. If your deductions are less, the new regime is likely better. Use our calculator to compare both.
Under the new tax regime for FY 2025-26, income up to ₹3 lakh is exempt. Additionally, with the Section 87A rebate, taxpayers with income up to ₹7 lakh pay zero tax under the new regime.
The old regime allows deductions under Section 80C (up to ₹1.5L for PPF, ELSS, home loan principal, etc.), 80D (health insurance), HRA, LTA, standard deduction of ₹50,000, and many more.
Salaried employees get a standard deduction of ₹75,000 under the new regime (increased from ₹50,000 in Budget 2024) and ₹50,000 under the old regime. This is automatically deducted from your gross salary.