Tax & Savings

Old vs New Tax Regime

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FY 2025–26 side-by-side tax comparison with all deductions. See which regime saves you more.

Home Tools Comparisons Old vs New Tax Regime

By Aditya GuptaAccounting & Finance EducatorLast reviewed May 31, 2026Source: Income Tax Dept
Old Regime vs New Regime
Old Regime Tax
New Regime Tax
Verdict
Visual Comparison

Key Differences

FeatureOld RegimeNew Regime
Standard deduction₹50,000₹75,000
80C deductionUp to ₹1.5 lakhNot available
80D (health insurance)Up to ₹25,000–50,000Not available
HRA exemptionAvailableNot available
Basic exemption₹2.5 lakh₹3 lakh (₹7L after rebate)

When to Choose Which

Choose Old Regime

  • You claim ₹3 lakh+ in deductions
  • You have home loan interest (80EEA)
  • You pay rent in a metro (HRA benefit)
  • You invest in 80C instruments fully

Choose New Regime

  • Fewer deductions (< ₹2L typically)
  • Simpler filing preferred
  • Income below ₹7 lakh (zero tax)
  • No home loan or HRA benefit

Frequently Asked Questions

At ₹12 LPA with full 80C, 80D, and HRA deductions, Old Regime often saves more. Without deductions, New Regime is simpler and may save more.
Salaried employees can switch every year. Business owners/freelancers can switch once.
Under Section 87A, no tax is payable if taxable income is ≤ ₹7 lakh under the new regime (FY 2025–26).
Yes — employer’s NPS contribution under Section 80CCD(2) up to 10% of basic salary is available in the new regime.
Depends on investments. Many senior citizens benefit from old regime due to higher 80D limits (₹50,000) for health insurance premiums.