📜 Old Tax Regime Calculator
The Old Tax Regime trades higher slab rates for a much wider set of deductions — 80C, HRA, and more. This calculates your tax payable after those deductions are applied.
Whether the Old Regime actually saves you money versus the New Regime depends entirely on how much you can genuinely claim in deductions — if your 80C, HRA, and other deductions are small, the New Regime's lower rates often work out cheaper despite fewer exemptions.
Frequently Asked Questions
How do I know if Old or New Regime is better for me?
Calculate your tax under both regimes with your actual numbers — if your total deductions (80C, HRA, etc.) are large relative to your income, the Old Regime often wins; otherwise the New Regime's lower rates usually come out ahead.
Can I switch between regimes every year?
Salaried individuals can choose either regime each financial year when filing; those with business income face more restrictions on switching back and forth.
What's included in 'Other Deductions' here?
Use this for deductions beyond 80C and HRA — such as Section 80D (health insurance premiums) or Section 24 (home loan interest) — anything else you're eligible to claim under the Old Regime.
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