New (default): Lower rates, no deductions. Old: Higher rates, allows 80C+HRA+others. New is better for most. Calculate both with our tool to compare.
New regime tax slabs FY 2025-26?+
₹0-3L: 0%, ₹3-7L: 5%, ₹7-10L: 10%, ₹10-12L: 15%, ₹12-15L: 20%, >₹15L: 30%. Standard deduction ₹75,000. Up to ₹7L taxable income = zero tax.
Old regime tax slabs?+
₹0-2.5L: 0%, ₹2.5-5L: 5%, ₹5-10L: 20%, >₹10L: 30%. Plus 80C ₹1.5L, 80D, HRA, etc. Senior citizens get higher exemption. Beneficial for those with major deductions.
Which regime to choose?+
No deductions: Choose New. Major deductions (80C full, HRA, home loan): Calculate both. New regime usually wins below ₹15L income. Always run calculator first.
Standard deduction?+
New regime: ₹75,000. Old regime: ₹50,000. Auto-applied for salaried. Full deduction even on partial year salary. Includes pensioners.
Tax for senior citizens?+
Old regime senior citizens 60-80: ₹3L exempt. Above 80 years: ₹5L exempt. New regime: same as others. Health insurance + 80D special limits.
Surcharge and cess?+
Surcharge: 10% above ₹50L, 15% above ₹1Cr, 25% above ₹2Cr (capped under new regime). Health + Education Cess 4% on tax + surcharge. Always added.
Section 87A rebate?+
New regime: ₹25,000 rebate up to ₹7L taxable income. Old regime: ₹12,500 up to ₹5L. Effectively no tax for income below these limits. Auto-applied.