Old Tax Regime Calculator

Calculate your income tax under the old tax regime (FY 2025-26) with all available deductions like 80C, HRA, home loan interest, and more.

Not applicable to new tax regime

NEW TAX REGIME is better for you

Save ₹23,400 with New Regime

Your in-hand salary would be ₹9,66,200(+₹23,400)

ParameterNew RegimeOld Regime
Gross Income₹10,00,000₹10,00,000
Standard Deduction₹75,000₹50,000
Other Deductions-₹1,50,000
Taxable Income₹9,25,000₹8,00,000
Income Tax (+ 4% cess)₹33,800₹57,200
In-Hand Salary₹9,66,200₹9,42,800

New Tax Regime (FY 2024-25)

Standard Deduction₹75,000

Slab Rates:

  • ₹0 - ₹4,00,000: 0%
  • ₹4,00,001 - ₹8,00,000: 5%
  • ₹8,00,001 - ₹12,00,000: 10%
  • ₹12,00,001 - ₹16,00,000: 15%
  • ₹16,00,001 - ₹20,00,000: 20%
  • ₹20,00,001+: 30%

+ 4% education cess on tax

Old Tax Regime

Standard Deduction₹50,000

Benefits:

  • ✓ Section 80C (₹1,50,000)
  • ✓ HRA/Rent deduction
  • ✓ Medical insurance
  • ✓ Education loan interest
  • ✓ Home loan interest

+ 4% education cess on tax

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How Old Tax Regime Works?

The old tax regime offers various deductions that allow you to reduce your taxable income. This makes it beneficial for individuals with significant deductions like home loans, health insurance, investments, and other eligible expenses.

Old Tax Regime Slabs (FY 2025-26)

  • • ₹0 - ₹2.5 Lakh: Nil
  • • ₹2.5 - ₹5 Lakh: 5%
  • • ₹5 - ₹10 Lakh: 20%
  • • Above ₹10 Lakh: 30%

Available Deductions: 80C (₹1.5 lakh), 80CCC, 80D (health insurance), 80E (education loan), 80EE (home loan), HRA exemption, standard deduction (₹50,000 for salaried employees), and more.

Who Benefits: Individuals with home loans, health insurance, life insurance, ELSS investments, education loans, and other eligible deductions typically benefit from the old regime.

Frequently Asked Questions

What is the old tax regime?
The old tax regime allows you to claim various deductions like 80C, 80D, HRA, home loan interest, education loan interest, etc. It has fixed tax slabs but complex calculations due to multiple deductions.
What deductions can I claim in old regime?
Common deductions: 80C (₹1.5 lakh) for insurance/EPF/ELSS, 80D for health insurance, HRA exemption, 80E for education loan interest, 80EE for home loan, deduction on savings account interest, and more.
What is 80C deduction limit?
Under section 80C, you can claim up to ₹1.5 lakh deduction per financial year. This includes life insurance premiums, EPF contributions, ELSS investments, tuition fees, home loan principal repayment, and more.
Is HRA exemption available in old regime?
Yes. In old regime, HRA exemption is available based on: actual HRA received, 50% of salary (metro cities) or 40% (non-metro), or rent paid minus 10% of salary, whichever is lowest.
Who should choose old tax regime?
Old regime is beneficial if your total deductions (80C + HRA + other deductions) exceed ₹50,000. High earners with home loans, health insurance, and investment avenues benefit more from the old regime.