MARKET PULSE LIVE
SENSEX73,416.60▲ +0.40%NIFTY 5022,676.85▲ +0.34%BANK NIFTY54,062.05▼ -0.42%USD/INR₹95.18▲ +0.01%BRENT$111.53▲ +0.71%GOLD/oz$4,010▼ -0.70%GSTCBIC Clarifies ISD Rules for GST Refund CalculationsTaxscanRBIRBI may raise repo rate to 6.25% by 2027 amid inflation risks: Deutsche BankThe TribunePOLICYGlobal Market: JGB yields climb as investors await BOJ, Fed policy decisionsET MarketsGOLDChinese Households Are Buying Gold’s Dip as Prices Test $4,000LivemintNEWSCBIC Clarifies ITC on Demo VehiclesTaxscanRUPEEIndia should not deplete reserves to defend rupee, Rajan saysTraders UnionNEWSCipla Q2 Results: Profit falls 35% YoY to Rs 878 crore, revenue slips 2%ET MarketsSEBIMilky Mist Dairy Food shares already surged 113% from IPO price in 2 months but Nuvama sees more returns; target priceLivemintTAXWhen a genuine transaction does not qualify for a Corporate Income Tax deductionMoore KazakhstanRBIIndia should not deplete reserves to defend rupee, ex-RBI chief Rajan saysReutersMARKETSD-Street in gloomy mood, but Kotak sees 3 triggers for rebounds and adds 5 midcap stocks to portfolioET MarketsNEWSCold Blasts to Pose Early Test for European and Asia Gas MarketsLivemintGSTOmission of GST Rule 96(10) applies Retrospectively: CBIC Clarifies following Supreme Court Ruling [Read Circular]TaxscanRBIDiwali bank holiday: November 9 or 10, when are banks closed for Diwali? Check RBI’s full November...Moneycontrol.comMARKETSGlobal Market: HSBC third-quarter profit jumps 32% to $9.6 billionET MarketsSEBIJio Financial Services share price decoded: Reliance stock performance amid Jio Platforms IPO buzz; target, outlookLivemint
NSE
Tax Comparison Calculator · FY 2025–26
Old Regime vs New Regime

Find Your Best Tax Regime
Instantly

Enter your income details once. We calculate your tax under both regimes and tell you exactly which one saves you more money.

🎂

Age Category

Determines basic exemption limit under Old Regime (Old Regime only — New Regime is same for all ages)
Old Regime exemption: ₹2,50,000
Old Regime exemption: ₹3,00,000
Old Regime exemption: ₹5,00,000
💼

Head I — Salaries

Basic Pay, HRA, Allowances, Perquisites
▾
₹
₹
Used to compute 80CCD(2) cap (Basic + DA)
₹
₹
₹
₹
₹
₹75,000 (New) / ₹50,000 (Old) — auto-applied
Net Salary (after Std. Deduction) — New₹0 / Old₹0
🏠

Head II — House Property

Rental Income, Home Loan Interest
▾
₹
₹
Allowable Deductions
₹
No cap — full interest on let-out property allowed under both Old & New Regime
₹
Max ₹2,00,000 under Old Regime; not allowed under New Regime
₹
Auto: 30% of Net Annual Value (rent minus municipal tax)
Net House Property — New₹0 / Old₹0
🏢

Head III — Business / Profession

Profit & Gains, Freelance, Consulting
▾
₹
₹
₹
₹
Net Business Income₹0
📈

Head IV — Capital Gains

STCG, LTCG from Property, Equity, Funds
▾
Short-Term Capital Gains (STCG)
₹
Taxed @ 20% (flat) w.e.f. July 23, 2024 · STT paid · Holding ≤ 12 months
₹
Added to income, taxed at slab rate · Holding ≤ 24 months
₹
Taxed at slab rate irrespective of holding period (acquired after Apr 1, 2023)
₹
Taxed at slab rate · Holding ≤ 24 months
Long-Term Capital Gains (LTCG)
₹
Taxed @ 12.5% on gains above ₹1.25L exemption · Holding > 12 months · No indexation
₹
Taxed @ 12.5% without indexation · Holding > 24 months
₹
Choose tax option below · Holding > 24 months · Grandfathering u/s Finance (No.2) Act 2024
Tax Option (pre-23 Jul 2024 property):
Enter the net gain amount above. For 20% option, enter gain computed after applying Cost Inflation Index (CII).
₹
Taxed @ 12.5% without indexation · Holding > 24 months (Gold/Unlisted securities)
₹
Taxed @ 12.5% without indexation · Holding > 24 months
Total Capital Gains₹0
💰

Head V — Other Sources

Interest, Dividends, Pension, Gifts
▾
₹
Eligible for deduction u/s 80TTA (₹10,000) / 80TTB (within ₹50,000) — Old Regime only
₹
Eligible for 80TTB only (senior citizens) — NOT eligible under 80TTA
₹
Taxed at slab rate · surcharge on this portion capped at 15% (income >₹50L)
₹
Flat 30% tax · No basic exemption benefit · No deductions allowed · No 87A rebate · Both regimes
₹
Deduction u/s 57(iia): 1/3rd of pension or ₹15,000 (Old) / ₹25,000 (New) — whichever is lower · Auto-applied under both regimes
₹
Old Regime (max ₹15,000)
₹
New Regime (max ₹25,000)
₹
Deducted from Head V income itself (not Chapter VI-A) — available under BOTH regimes
Net Other Income₹0
📋

Deductions — Chapter VI-A

80C, 80D, 80E etc. (Old Regime only) · 80CCD(2) Employer NPS (Both Regimes)
▾
₹
PPF, ELSS, LIC, EPF, Tuition Fees
₹
₹
Self+Family: max ₹25,000 (₹50,000 if senior) · Parents: max ₹25,000 (₹50,000 if senior) · Total max ₹1,00,000
₹
₹
₹
Own/voluntary NPS contribution — NOT available in New Regime
₹
₹
Cap: 14% of Basic+DA (New Regime always) · Old Regime: 10% of Basic+DA (private) or 14% (Govt) · Over & above ₹1.5L (80C) limit
₹
Below 60: 80TTA on savings interest only, max ₹10,000 · Senior/Super Senior: 80TTB on savings+FD+RD interest, max ₹50,000
Recommended Regime
New Regime
FY 2025–26 · AY 2026–27
Total Tax Payable
₹0
Gross Total Income₹0
Less: Std. Deduction u/s 16(ia) (salary only)₹0
VI-A DeductionsNot Allowed
Taxable Income₹0
Tax Before Rebate & Cess₹0
Rebate u/s 87A (Income excl. special-rate ≤ ₹12L · max ₹60,000)
❌ STCG u/s 111A & LTCG u/s 112A — excluded
✅ LTCG u/s 112 (property/gold/others) — eligible
Salaried zero-tax upto ₹12.75L (incl. std. deduction)₹0
4% Health & Edu Cess₹0
Old Regime
FY 2025–26 · AY 2026–27
Total Tax Payable
₹0
Gross Total Income₹0
Less: Std. Deduction u/s 16(ia) (salary only)₹0
VI-A Deductions (incl. 80TTA/80TTB: ₹0)₹0
Taxable Income₹0
Tax Before Rebate & Cess₹0
Rebate u/s 87A (Taxable income ≤ ₹5L · max ₹12,500)
❌ STCG u/s 111A & LTCG u/s 112A — excluded
✅ LTCG u/s 112 (property/gold/others) — eligible
⚠️ No marginal relief on rebate under Old Regime
(Marginal relief applies only on surcharge)₹0
4% Health & Edu Cess₹0
SlabRateTax
Income Tax (before rebate & cess)₹0
Less: Rebate u/s 87A₹0
Health & Education Cess (4%)₹0
Total Tax Payable₹0
SlabRateTax
Income Tax (before rebate & cess)₹0
Less: Rebate u/s 87A₹0
Health & Education Cess (4%)₹0
Total Tax Payable₹0
⚠️ This calculator provides an indicative estimate only. Actual tax liability may vary based on individual circumstances, surcharge applicability, and provisions under the Income Tax Act, 1961. Capital gains tax rates shown are standard — special rates may apply based on holding period and asset type. Please consult a qualified tax professional at The Finance Men for personalised advice.
Scroll to Top