The big question every Indian taxpayer asks: old regime or new regime? Our side-by-side calculator computes your tax under both, accounting for your investments (80C, HRA, home loan interest) under old regime and the ₹12L rebate under new regime. Picks the cheaper one and shows the savings.
When to use this
Use when: filing ITR for the year (regime choice locked in for that FY), planning tax-saving investments (worth it only if old regime is cheaper), evaluating job offers with different salary structures, computing TDS impact on take-home pay.
Frequently Asked Questions
When does old regime beat new regime?
Old regime wins when you have significant deductions: 80C investments (₹1.5L), HRA exemption (varies), home loan interest (up to ₹2L), 80D health insurance. Typical break-even: total deductions over ₹2.5L make old regime cheaper. Below that, new regime usually wins.
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