Elite Ball Knowledge

Old Regime or New Regime

Enter your salary breakup. See both answers side by side, with the working shown.

Most people pick a regime because someone in office said so. That is not a decision, that is a rumour. This runs both computations on your actual numbers for FY 2026-27 and shows you the gap.

Nothing here is submitted anywhere. The calculation runs entirely in your browser and nothing you type leaves this page.

01 YOUR SALARY

Basic salary (annual)Usually 40 to 50 percent of CTC

HRA received (annual)As shown in your salary slip

Special and other allowances (annual)Everything else that is taxable

Employer NPS contribution (annual)Section 80CCD(2), allowed in both regimes

Any other income (annual)Interest, rent, and similar

Age groupOld regime exemption limits differ

02 WHAT YOU CLAIM UNDER THE OLD REGIME

Rent paid (annual)Leave blank if you do not pay rent

CityMetro means Delhi, Mumbai, Kolkata, Chennai

Section 80C (annual)PF, LIC, ELSS, tuition. Capped at 1,50,000

Section 80D health insuranceSelf and family, plus parents

Home loan interestSelf occupied, capped at 2,00,000

NPS self contribution 80CCD(1B)Capped at 50,000

Savings interest 80TTA or 80TTB10,000, or 50,000 if 60 and above

Other Chapter VIA deductions80G, 80E, 80U and similar

On these numbers

What this does not know This is an indicative comparison built on the slab rates, standard deduction, rebate, surcharge and cess for FY 2026-27. It does not account for marginal relief at surcharge thresholds, capital gains taxed at special rates, arrears under section 89, leave travel allowance, gratuity or leave encashment exemptions, house property losses beyond the self occupied interest cap, or any income taxed under a special rate. Your actual position may differ.

Want the full working, on your actual figures?

Follow @danihiranwar. The complete guide on choosing a regime, and what most salaried people get wrong about HRA, goes out to the list first.

Disclaimer. This calculator is educational information prepared by a Chartered Accountant in personal capacity, based on the income tax rates applicable for FY 2026-27 as publicly announced. It is a simplified model and is not tax advice, not an opinion, and not a substitute for professional consultation on your own facts. Tax law changes and individual circumstances vary widely. Verify your position on the income tax portal and consult a qualified professional before choosing a regime or filing a return. No data entered here is transmitted, stored or collected.

By Dani Hiranwar | CA All Levels First Attempt | @danihiranwar