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FY 2025-26 (AY 2026-27)

New vs Old Tax Regime Calculator

Enter your CTC to see your in-hand salary under both the new and old income tax regimes side by side, and which one leaves you with more money.

₹18L per year

Estimated monthly in-hand

₹1,05,098

₹12,61,180 / year · 70.1% of cash CTC take-home

Cash CTC₹18,00,000
Basic salary(45%)₹8,10,000
Variable / bonus(paid separately)₹1,80,000
Employer PF− ₹97,200
Gratuity− ₹38,961
Employee PF− ₹97,200
Professional tax− ₹2,400
Income tax (new regime, incl. cess)− ₹1,23,059
Annual in-hand₹12,61,180
Total EPF savings / year(your retirement corpus)₹1,94,400

New vs Old regime

New regime

₹1,05,098/mo

tax ₹1,23,059

Old regime

₹93,543/mo

tax ₹2,61,718

The new regime gives you ₹1,38,659 more per year (assuming ₹1,50,000 of old-regime deductions).

Estimate for FY 2025-26 (new regime default). Actual pay varies with your exact salary structure and employer policy. Not tax advice.

Worked example: ₹18,00,000 CTC

For a ₹18L cash CTC (45% basic, 10% variable), the new regime gives about ₹1,05,098/month in-hand (₹₹1,23,059 annual tax), while the old regime with ₹1.5L of deductions gives about ₹93,543/month (₹₹2,61,718 tax). Here the new regime wins by ₹1,38,659 per year.

How to choose

  • New regime — best if you don't claim many deductions. Lower rates + ₹75k standard deduction + tax-free up to ₹12L taxable (87A).
  • Old regime — best if you max out 80C (₹1.5L), 80D, HRA and home-loan interest, so your deductions typically exceed ₹3.75–4L.

See the full methodology for the exact slabs and formula.

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Frequently asked questions

Which tax regime is better in FY 2025-26? +

It depends on your deductions. The new regime has lower slab rates and a ₹75,000 standard deduction but allows almost no other deductions. The old regime has higher rates but lets you claim 80C, 80D, HRA and home-loan interest. If your total deductions exceed roughly ₹3.75–4 lakh, the old regime often wins; otherwise the new regime usually does.

What is the 87A rebate in the new regime? +

Under the new regime for FY 2025-26, a Section 87A rebate makes taxable income up to ₹12,00,000 effectively tax-free. In the old regime the rebate limit is ₹5,00,000.

Is the new regime the default? +

Yes. From FY 2023-24 onwards the new regime is the default. You must explicitly opt for the old regime if it benefits you.

Can I switch regimes every year? +

Salaried individuals without business income can choose the regime each financial year while filing their return.