Enter your CTC and what you can claim in deductions to see which tax regime leaves you with more in hand.
New regime
₹1,03,563/mo
Tax: ₹0.82 LPA/yr
Old regime
₹95,479/mo
Tax: ₹1.79 LPA/yr
The new regime saves you ₹8,084/month (₹0.97 LPA/year) with these inputs.
The old regime only pays off once your claimed deductions (80C, 80D, HRA, home loan interest, etc.) are large enough to offset its narrower slabs — for most salaried employees without a home loan, the new regime now wins. Rough estimate, not tax advice.
The new regime has wider, lower tax slabs and a higher Section 87A rebate threshold (₹12L taxable income) but disallows most deductions and exemptions. The old regime has narrower slabs but lets you claim deductions like Section 80C (₹1.5L), 80D (health insurance), HRA, and home loan interest.
Yes — the new regime is the default option for all taxpayers in India since FY 2023-24. You can still opt into the old regime each year when filing your return (salaried individuals can also choose it via their employer at the start of the year).
It depends on your income level, but as a rule of thumb, the old regime only pulls ahead once your claimable deductions (80C, 80D, HRA, home loan interest, etc.) add up to a meaningful chunk of your income — often ₹3-4L+ at mid salary levels. Use the calculator above with your real numbers to check.
Salaried individuals without business income can switch between the old and new regime every financial year when filing their ITR. If you have business or professional income, you can switch only once after opting out of the new regime.