📊 New vs Old Tax Regime Comparison
Enter your income and deductions to compare both tax regimes.
New vs Old Tax Regime Comparison Tool – Optimize Your Tax Strategy
The New vs Old Tax Regime Comparison Tool is a free, web-based tool designed to help you compare income tax liabilities under India’s old and new tax regimes. By entering your annual taxable income and deductions (for the old regime), the tool instantly calculates the tax for both regimes and suggests the most tax-efficient option, empowering you to make informed financial decisions.
Why Use Our New vs Old Tax Regime Comparison Tool?
Choosing between India’s old and new tax regimes can be challenging due to differing tax slabs and deduction eligibility. This tool simplifies the decision by providing a side-by-side tax comparison, factoring in deductions for the old regime and the simplified slabs of the new regime, ensuring clarity and compliance with Indian tax laws.
Key Benefits
✅ Instant Tax Comparison
Enter income and deductions to see tax liabilities for both regimes in seconds.
✅ Supports Both Regimes
Calculates taxes using the latest slabs: old regime (0%-30% with deductions) and new regime (0%-30% without deductions).
✅ Smart Suggestion
Recommends the regime that minimizes your tax liability or highlights equal outcomes.
✅ User-Friendly Interface
Minimal inputs and a clean design for quick, hassle-free use.
✅ Responsive Design
Optimized for seamless performance on mobile, tablet, and desktop devices.
✅ Completely Free
No fees, no login, unlimited use—accessible anytime, anywhere.
✅ Error Prevention
Validates inputs to ensure accurate results, with alerts for invalid or negative income.
How It Works: 3 Simple Steps
- Enter Annual Taxable Income: Input your total annual income (in ₹).
- Specify Deductions: Enter total deductions (e.g., 80C, 80D) for the old regime (optional, defaults to 0).
- Compare Regimes: Click “Compare Tax Regimes” to view tax calculations and a recommendation.
Bonus: The tool accounts for a ₹50,000 standard deduction in the old regime and provides a clear suggestion on which regime saves you more.
Tax Components Explained
- Old Regime Tax: Calculated after applying deductions and a ₹50,000 standard deduction, using slabs:
- Up to ₹2,50,000: 0%
- ₹2,50,001–₹5,00,000: 5%
- ₹5,00,001–₹10,00,000: 20% (+ ₹12,500)
- Above ₹10,00,000: 30% (+ ₹1,12,500)
- New Regime Tax: Calculated without deductions, using slabs:
- Up to ₹3,00,000: 0%
- ₹3,00,001–₹6,00,000: 5%
- ₹6,00,001–₹9,00,000: 10% (+ ₹15,000)
- ₹9,00,001–₹12,00,000: 15% (+ ₹45,000)
- ₹12,00,001–₹15,00,000: 20% (+ ₹90,000)
- Above ₹15,00,000: 30% (+ ₹1,50,000)
- Suggestion: Indicates which regime offers lower tax or if they’re equal.
Who Is This Tool For?
- Salaried Individuals: Choose the best regime to minimize tax liability.
- Self-Employed Professionals: Evaluate tax options based on deductions.
- Tax Consultants: Assist clients with regime comparisons for filings.
- Finance Students: Learn Indian tax structures through practical calculations.
- Financial Planners: Optimize tax strategies for personal or client budgets.
Features at a Glance
| Feature | Description |
|---|---|
| Instant Comparison | Shows tax for old and new regimes with a savings recommendation. |
| Dual Regime Support | Uses latest slabs for both regimes, with deductions for old regime. |
| Simple Inputs | Requires only income and deductions (optional). |
| Mobile-Friendly | Works seamlessly on phones, tablets, and desktops. |
| Error Handling | Alerts for invalid or negative inputs to ensure accuracy. |
| Privacy-Friendly | No data is stored or tracked—calculations occur in your browser. |
| Free Access | Unlimited use with no costs or login requirements. |
Privacy-Friendly
- No Data Storage: All calculations are performed locally in your browser.
- Secure Usage: No inputs are saved, shared, or tracked, ensuring complete privacy.
FAQs
Is this calculator compliant with Indian tax laws?
Yes, it uses the latest tax slabs for both regimes as per Indian Income Tax rules (as of 2025).
Does it include cess or surcharge?
This version excludes cess and surcharge for simplicity. Future updates may include them.
Can I use this tool on my phone?
Yes, it’s fully responsive and works smoothly on all devices.
Is the calculator free?
Yes, it’s completely free with no restrictions or hidden costs.
What if I don’t have deductions?
Enter 0 for deductions; the tool still compares both regimes accurately.
Avoid Tax Planning Mistakes
Choosing the Wrong Regime: Compare taxes to select the most cost-effective option.
Overlooking Deductions: Ensure all eligible deductions are considered in the old regime.
Manual Errors: Avoid miscalculations with automated, accurate results.
Non-Compliance: Stay aligned with Indian tax regulations.
Optimize Your Tax Strategy
The New vs Old Tax Regime Comparison Tool empowers individuals and professionals to make informed tax decisions. Whether you’re planning your finances or assisting clients, this tool provides clear, actionable insights to minimize your tax liability.
👉 Use the New vs Old Tax Regime Comparison Tool Now
Compare tax regimes today and optimize your financial planning!