Compare · Old vs New tax regime
Old vs New regime — live.
Indian income tax for FY 2024-25 (AY 2025-26). Includes standard deductions, 87A rebate, surcharge and 4% cess. The old regime honors your declared deductions; the new regime uses simpler, lower slabs.
₹15,00,000
₹
₹2,00,000
₹
Standard deduction is added automatically — don't include it here.
Plan A
Old regime
Total tax
₹1,95,000
Take-home
₹13,05,000
- Gross income₹15,00,000
- Standard deduction– ₹50,000
- Other deductions– ₹2,00,000
- Taxable income₹12,50,000
- Tax (slabs)₹1,87,500
- Less rebate u/s 87A– ₹0
- Surcharge₹0
- Health & education cess (4%)₹7,500
Honors HRA, 80C, 80D, home-loan interest etc.
Plan B
New regime
Total tax
₹1,30,000
Take-home
₹13,70,000
- Gross income₹15,00,000
- Standard deduction– ₹75,000
- Other deductions– ₹0
- Taxable income₹14,25,000
- Tax (slabs)₹1,25,000
- Less rebate u/s 87A– ₹0
- Surcharge₹0
- Health & education cess (4%)₹5,000
Lower slabs, ₹75k standard deduction. Most exemptions don't apply.
Verdict
Plan B wins by ₹65,000
New regime wins — at this income & deduction level, the simpler regime keeps more in your pocket.