Old vs new regime,
side-by-side in seconds.

It depends on your deductions. The new regime has lower slabs but almost no deductions allowed. The old regime has higher slabs but you can claim 80C, 80D, HRA, home loan interest, etc. Rule of thumb: if your total deductions (excluding standard deduction) are under ₹2-2.5 lakh, the new regime is usually better. Above that, old regime starts winning. The "Compare both" mode tells you exactly which is cheaper for your numbers.

It is a tax rebate for low-to-middle income taxpayers. Under the new regime (FY 2025-26), if your taxable income is up to ₹12,00,000, you get a full rebate — meaning effectively zero tax. Under the old regime, the rebate caps out at ₹12,500 and only kicks in if taxable income is up to ₹5,00,000. This calculator applies both rebates automatically.

₹75,000 under the new regime, ₹50,000 under the old. Auto-applied for salaried individuals AND pensioners. Freelancers / business owners do NOT get standard deduction — they deduct actual business expenses instead. This calculator assumes salary-side standard deduction; if you are a freelancer, treat your income as net of business expenses before entering it here.

Surcharge is an additional tax on the tax itself, applicable to high-income taxpayers. Slabs for FY 2025-26: 10% if taxable income is ₹50L-1Cr, 15% if ₹1-2Cr, 25% if ₹2-5Cr, and 37% above ₹5Cr (old regime) or capped at 25% (new regime — one of the new regime's key advantages for high earners). This calculator applies the right slab automatically.

4% cess applied on top of (Tax + Surcharge), under both regimes. There is no way to reduce or avoid this — it is a flat 4% on whatever your tax liability is.

Yes — but with a caveat. Enter your NET income (after deducting business expenses) as "annual gross income" here. Freelancers do not get standard deduction, so technically the new regime's ₹75K standard deduction does not apply to you. The numbers will be slightly off (showing tax that is ₹15-25K too low). For exact freelance tax, deduct business expenses, then run this calculator with the result, then add back the standard deduction value (≈₹75K × your slab rate).

No — under the new regime, you cannot claim 80C, 80D, HRA, home loan interest, NPS additional, education loan interest, or most other deductions. The only deduction available in the new regime is the standard ₹75,000 (for salaried only) and employer's NPS contribution under 80CCD(2). This is the trade-off for the lower slab rates.

It is accurate for the standard cases that 95% of taxpayers fall into. Edge cases — capital gains taxed at special rates, lottery / crypto income, foreign income, multiple house properties, business losses, agricultural income — need a CA. For a simple salary or freelance income with standard deductions, this calculator matches the official IT department calculator to the rupee.