Old vs New Tax Regime Calculator
Comprehensive Comparison under Section 115BAC for AY 2027-28, 2026-27 & 2025-26
Income & Deduction Details
Select Assessment Year, enter your income heads and eligible Chapter VI-A deductions to compare Old vs New Tax Regime.
Income Sources (₹)
Deductions & Exemptions (Old Regime)
Chapter VI-ASlab-by-Slab Tax Breakdown
| Calculation Parameter | Old Tax Regime | New Tax Regime (115BAC) |
|---|---|---|
| Gross Total Income | ₹12,25,000.00 | ₹12,25,000.00 |
| Standard Deduction | ₹50,000.00 | ₹75,000.00 |
| Eligible Exemptions & Deductions | ₹2,85,000.00 | ₹75,000.00 |
| Net Taxable Income | ₹9,40,000.00 | ₹11,50,000.00 |
| Normal Slab Tax Before Rebate | ₹1,00,500.00 | ₹55,000.00 |
| Section 87A Rebate | ₹ 0.00 | -₹55,000.00 |
| Surcharge | ₹0.00 | ₹0.00 |
| Health & Education Cess (4%) | ₹4,020.00 | ₹0.00 |
| Total Estimated Tax Payable | ₹1,04,520.00 | ₹0.00 |
The following deductions entered for Old Regime comparison are forgo under the New Tax Regime:
- Section 80C (Capped at ₹1,50,000)
- Section 80D (Health Insurance Premium)
- Section 80CCD(1B) (Additional NPS ₹50,000)
- Section 80TTA/80TTB (Savings/FD Interest Deduction)
Need Professional Assistance with Departmental Filings, Notices, or Tax Planning?
Calculations provide indicative statutory estimates. For departmental filings, notice resolution, and custom tax planning, consult directly with SKM LAWS AND ASSOCIATES.
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