Enter your income & deductions — get an instant verdict on which regime saves you more, with a full side-by-side breakdown and break-even deduction analysis.
For most salaried taxpayers, the new regime is better if total deductions (80C + HRA exemption + 80D + NPS + 24b) are below approximately ₹3.75 lakh. Below ₹7.75L gross salary with no deductions, the new regime often wins due to the 87A full rebate. Use this calculator with your actual numbers for a precise answer.
What deductions are NOT allowed in new regime?+
New regime disallows: 80C (PPF, ELSS, LIC, EPF), 80D (health insurance), HRA exemption, home loan interest 24(b), LTA, professional tax, NPS 80CCD(1B). It only allows: ₹75,000 standard deduction, employer NPS 80CCD(2), Agniveer.
What happens to my existing investments if I switch to new regime?+
Your investments (PPF, ELSS, LIC) continue to exist and grow — you just don't get the 80C tax deduction for that year. Interest and maturity from PPF remain tax-free regardless of regime. You can switch back to old regime next year if you're salaried.
Which regime is better for ₹15L salary?+
At ₹15L gross: New regime tax ≈ ₹1,12,800. Old regime with full deductions (₹50K std + ₹1.5L 80C + ₹25K 80D + ₹50K NPS + HRA exemption ≈ ₹90K) gives taxable ≈ ₹8.35L, tax ≈ ₹77,400. Old regime likely wins with maximised deductions. New regime wins with minimal deductions.
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