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Calculate your 2025-26 income tax with our free calculator . Compare Old vs New Tax Regimes and get a detailed breakdown instantly! Income Tax Calculator to know the taxes to be paid for a given Income and to compare Old vs New tax regimes (scheme) for IT declaration with your employer or to know your tax exposure. Including Rebate, Marginal Relief for new tax regime , Surcharge, Cess. New Updated per latest Budget 2025 rules Designed by COE Team, EZTax Last Reviewed: Oct ... Deductions/exemptions allowed under new tax regime Deductions/exemptions under old tax regime Old Regime New Regime Gross Salary (after deducting allowances exempted under both regimes) Less: Amount deductible from Gross Salary (except standard deduction) which is not allowed in new regime Less: Standard Deduction Income from Salaries The new tax regime offers lower tax rates but eliminates most exemptions and deductions. The calculator compares your tax liability under both to help you decide the best option.
