The new tax vs old tax calculator puts both regimes side by side so you can see — in rupees — which one costs less. This guide provides a ready-reckoner table at five salary levels, so you can immediately identify your tax position without entering any data.
New Tax vs Old Tax: Tax at ₹10 Lakh Income
| Deductions Claimed | Old Regime Tax | New Regime Tax | Winner |
|---|---|---|---|
| ₹0 (no deductions) | ₹1,17,000 | ₹54,600 | New regime |
| ₹1,00,000 | ₹87,000 | ₹54,600 | New regime |
| ₹1,50,000 (80C only) | ₹72,000 | ₹54,600 | New regime |
| ₹2,50,000 (80C+HRA+80D) | ₹41,600 | ₹54,600 | Old regime |
| ₹3,50,000 (80C+HRA+loan) | ₹21,632 | ₹54,600 | Old regime |
New Tax vs Old Tax at ₹15 Lakh Income
| Deductions Claimed | Old Regime Tax | New Regime Tax | Winner |
|---|---|---|---|
| ₹0 | ₹2,62,500 | ₹1,17,000 | New regime |
| ₹1,50,000 | ₹2,17,500 | ₹1,17,000 | New regime |
| ₹3,00,000 | ₹1,72,500 | ₹1,17,000 | New regime |
| ₹4,00,000 | ₹1,42,500 | ₹1,17,000 | Old regime (close) |
| ₹5,00,000 | ₹1,12,500 | ₹1,17,000 | Old regime |
New Tax vs Old Tax at ₹20 Lakh and ₹30 Lakh
| Income | Old Regime (with ₹4L deductions) | New Regime | Saving |
|---|---|---|---|
| ₹20 Lakh | ₹2,91,200 | ₹2,73,000 | ₹18,200 new |
| ₹20 Lakh | ₹1,91,200 (₹6L ded.) | ₹2,73,000 | ₹81,800 old |
| ₹30 Lakh | ₹5,37,200 (₹4L ded.) | ₹5,46,000 | ₹8,800 old |
| ₹30 Lakh | ₹4,17,200 (₹7L ded.) | ₹5,46,000 | ₹1,28,800 old |
All figures include 4% health and education cess. Old regime includes ₹50,000 standard deduction; new regime includes ₹75,000 standard deduction.
The Deductions That Tip the Scale Toward Old Regime
- Home loan interest (Section 24b): Up to ₹2 lakh — biggest single deduction
- HRA exemption: Metro city renters can claim ₹1–2 lakh+ in HRA
- Section 80C: ₹1.5 lakh (EPF + PPF + ELSS + LIC)
- Section 80D: ₹25,000–₹75,000 for health insurance (self + parents)
- NPS (80CCD): Additional ₹50,000 over 80C limit
Simple rule: If your total deductions in old regime exceed ₹3.75 lakh (at ₹15L income) or ₹5.5 lakh (at ₹25L income), the old regime saves more. Otherwise, go new.