Old vs New Regime — accurate, side by side

Slab-wise computation with standard deduction, Chapter VI-A deductions, section 87A rebate (with marginal relief), surcharge and 4% health & education cess.

Old Regime

₹1,11,800

Effective tax rate 9.32%

Gross total income₹12,00,000

Standard deduction- ₹50,000

Other deductions- ₹1,75,000

Taxable income₹9,75,000

Tax on slabs₹1,07,500

Less: 87A rebate- ₹0

Health & education cess (4%)₹4,300

Total tax liability₹1,11,800

New Regime

Best for you

₹0

Effective tax rate 0.00%

Gross total income₹12,00,000

Standard deduction- ₹75,000

Other deductions- ₹0

Taxable income₹11,25,000

Tax on slabs₹52,500

Less: 87A rebate- ₹52,500

Health & education cess (4%)₹0

Total tax liability₹0

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New Regime

You save about ₹1,11,800 in tax by choosing this regime for FY 2025-26.

Total tax

₹0

Balance payable

₹0

Effective rate

0.00%

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Old regime slab-wise tax

₹0 – ₹2,50,000 @ 0%₹0

₹2,50,000 – ₹5,00,000 @ 5%₹12,500

₹5,00,000 – ₹10,00,000 @ 20%₹95,000

New regime slab-wise tax

₹0 – ₹4,00,000 @ 0%₹0

₹4,00,000 – ₹8,00,000 @ 5%₹20,000

₹8,00,000 – ₹12,00,000 @ 10%₹32,500

Computation follows the Income-tax Act slab rates for the selected year, including the section 87A rebate with marginal relief, surcharge with marginal relief, and 4% health & education cess. Special-rate incomes (capital gains, lottery, 115BAC opt-outs) and business presumptive nuances are not covered — talk to our CA team for a certified computation.