Compare old and new tax regimes. See which one saves you more money and plan your taxes efficiently.
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Latest tax slabs
Max: ₹1,50,000
Max: ₹25,000
(80E, 80G, 24b, etc.)
New regime: Standard deduction of ₹75,000
Rebate: No tax up to ₹7 lakhs in new regime
Old regime: All deductions available
Old Regime Tax
₹1,56,000
Effective Tax Rate: 10.40%
New Regime Tax
₹1,30,000
Effective Tax Rate: 8.67%
You Save with
New Regime
₹26,000
16.67% less tax
StockIQ helps you track all your tax-saving investments (ELSS, PPF, etc.) automatically.
| Income Range (₹) | Tax Rate | Notes |
|---|---|---|
| 0 – 3,00,000 | 0% | No tax |
| 3,00,001 – 7,00,000 | 5% | Rebate u/s 87A makes it 0% up to ₹7 lakhs |
| 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% |
Standard deduction: ₹75,000 (new for FY 2024-25)
| Income Range (₹) | Tax Rate | Notes |
|---|---|---|
| 0 – 2,50,000 | 0% | No tax |
| 2,50,001 – 5,00,000 | 5% | |
| 5,00,001 – 10,00,000 | 20% | |
| Above 10,00,000 | 30% |
Deductions available: 80C (₹1.5L), 80D (₹25K), HRA, Standard Deduction (₹50K), 80E, 24(b), 80G, NPS (80CCD) and more.
The choice between old and new regime depends on your deductions. If you claim significant deductions under sections 80C, 80D, HRA, etc., the old regime might be better. If you have minimal deductions, the new regime with its lower rates and higher standard deduction could save more tax.
Old Regime
New Regime
For old regime, you can save tax through various investments and expenses.
ELSS Mutual Funds
Up to ₹1.5 lakh under 80C
PPF & EPF
Tax saving under 80C
Life Insurance Premium
Tax benefit under 80C
Health Insurance (80D)
Up to ₹25,000 deduction
Home Loan Interest (24b)
On self-occupied property
NPS (80CCD)
Additional deduction benefit
TAX PLAN
Author and expertise
This page is maintained by the StockIQ team building portfolio and tax-planning workflows for Indian investors. The methodology is reviewed against public references and updated when policy or market rules materially change.
Regulatory scope:
Income tax planning references are based on public India tax portals and Finance Act guidance.
Last reviewed: February 28, 2026
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Start Tax-Aware TrackingSource: Income Tax Department, Government of India | Last reviewed: 2026-02-28
Source: Income Tax Department, Government of India | Last reviewed: 2026-02-28
Input salary or annual taxable income estimate.
Enter eligible deductions relevant to old regime planning.
Calculate tax for both regimes including cess impact.
Use net income and total tax to decide a planning direction.
Yes. It estimates tax liability under both regimes so you can compare outgo and choose the better option for your profile.
No. It is a planning tool. Final filing should consider your exact income components, deductions, and latest tax rules.
Recalculate when your salary, deductions, or investment declarations change, and once again before filing returns.