Enter your annual income and eligible deductions. The calculator computes tax under both the old and new regimes and highlights the cheaper option.
The old regime offers deductions and exemptions like 80C, HRA and standard deduction with higher slab rates, while the new regime has lower rates but removes most deductions.
It depends on your deductions. If your eligible deductions are large, the old regime often wins; with few deductions the new regime's lower rates usually cost less.
It is a close estimate using standard slabs and the inputs you provide. Cess, surcharge and special cases can change the final figure, so this is not tax advice.
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