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Rajkumar Anguluri·Software Engineer · Founder, Artha Engine·Last reviewed 8 April 2026·Methodology

Independent decision-support tool. Artha Engine is not a financial services provider, does not sell loans or insurance, and has no commission relationships with banks or insurers.

Calculator

Salary Tax Calculator India

Old regime or new regime — which one actually leaves more in your bank each month? See the winning monthly take-home, how much each deduction moves the needle, and what to change before your next tax declaration.

Inputs

This compares old and new regime outcomes using AY 2026-27 slab assumptions.

₹18L
₹1.5L
₹1.5L

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Verdicthigh confidence

Monthly take-home (new regime)

₹1,47,333

New regime wins

The lower slab rates and higher standard deduction beat your current deduction stack.

Don't force deductions just to chase the old regime unless they fit your wider plan.

Gross income

₹19.5L

Old regime tax

₹2.9L

New regime tax

₹1.8L

Annual difference

₹1,05,040

Tax savings the winning regime delivers each year.

Take-home (old)

₹1,38,580

Take-home (new)

₹1,47,333

Benchmarks

  • If you chose the old regime instead

    +6.3%

    You

    ₹1.5L

    Benchmark

    ₹1.4L

    New regime wins by ₹1,05,040/yr.

  • If 80C is fully used (₹1.5L)

    You

    ₹1.5L

    Benchmark

    ₹1.5L

    Max out PPF / ELSS / EPF / insurance before filing.

  • If you claimed zero deductions

    You

    ₹1.5L

    Benchmark

    ₹1.5L

    This is what the new regime effectively assumes.

What moves the result most

Holding everything else fixed, here is how the headline shifts when each input swings by a typical range.

Annual salary-₹24,128 ₹22,742
-20%+20%
Annual bonus-₹4,950 ₹4,950
Half+50%
80C deductions₹0 ₹0
Half+50%
HRA exemption₹0 ₹0
-25%+25%
Home loan interest₹0 ₹0
Half+50%

The new regime wins by simplicity

Lower slab rates and the larger standard deduction beat your current deduction stack.

Annual saving vs old

₹1,05,040

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At a glance

What it does
Computes your annual and monthly take-home under both old and new tax regimes using AY 2026-27 slab rates, and declares the better regime.
AY 2026-27 slabs
New regime: 0-4L free, 4-8L at 5%, 8-12L at 10%, 12-16L at 15%, 16-20L at 20%, 20-24L at 25%, 24L+ at 30%. Standard deduction ₹75k.
Typical output
On ₹24L annual salary with ₹1.5L 80C + ₹25k 80D + ₹1.8L HRA, the new regime leaves ~₹1.68L more take-home vs old.
Best used for
Deciding which tax regime to pick at the start of each financial year, and checking take-home after a salary change.

How It Works

This is the drill-down layer. The flagship flow leads with a recommendation, and this page lets you inspect the underlying model.

  • Gross income = salary + bonus + other taxable income.
  • Old regime taxable income subtracts standard deduction and eligible deductions you enter.
  • New regime taxable income subtracts the current salaried standard deduction and applies published slab rates.

Assumptions

The recommendation stays blunt, but the assumptions remain visible.

  • This calculator uses AY 2026-27 personal slab assumptions published in official Budget 2025 documents and Income Tax Department summaries.
  • Surcharge, special-rate income, and employer-side salary structuring nuances are excluded.
  • Users should verify final filing positions with current law and a tax professional.

FAQ

The follow-up questions people usually ask after the main recommendation is already clear.

Why might the old regime still win?

If you claim meaningful deductions like 80C, 80D, HRA exemption, and home-loan interest, the old regime can still produce a lower tax bill.

Why might the new regime win?

The new regime has lower slab rates and a larger standard deduction for salaried taxpayers, which often beats the old regime when deductions are limited.

Calculations and decision frameworks, not personalised financial advice. The numbers on this page are based on the inputs you supplied and the regulatory rules in effect when this page was last reviewed. They are not a recommendation to buy, sell, hold, port, or surrender any specific financial product. Consult a SEBI-registered investment advisor, a qualified tax professional, or a licensed insurance broker before acting on a financial decision involving your money.

Artha Engine is an educational decision-support website. We do not offer loans, sell insurance, distribute mutual funds, provide regulated investment advice, collect loan applications, or receive commissions from banks, insurers, AMCs, brokers, or other financial providers. References to RBI, SEBI, IRDAI, Income Tax Department, or other authorities are source citations only. Artha Engine is not affiliated with, endorsed by, or sponsored by any government authority, regulator, bank, insurer, AMC, or broker. Artha Engine does not charge users fees for using calculators, comparison tools, articles, or financial health scoring. Mailing address: India.

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