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Income Tax Calculator AY 2026-27 old vs New Regimes Comparison
Ultimate Income Tax Calculator
AY 2026-27 | FY 2025-26 | Powered by cmaknowledge.in
📌 Budget 2025 Updates Implemented:
• New Regime (u/s 115BAC) is the default. Standard Deduction is ₹75,000.
• Full Rebate u/s 87A up to ₹12,00,000 in New Regime (₹5,00,000 in Old).
• Accurate Marginal Relief calculated for both Rebate 87A and High-Income Surcharges.
• House Property losses cannot be set off against salary in the New Regime.
• New Regime (u/s 115BAC) is the default. Standard Deduction is ₹75,000.
• Full Rebate u/s 87A up to ₹12,00,000 in New Regime (₹5,00,000 in Old).
• Accurate Marginal Relief calculated for both Rebate 87A and High-Income Surcharges.
• House Property losses cannot be set off against salary in the New Regime.
👤 Taxpayer Profile
💼 Salary Income (₹)
🏠 Other Income Sources (₹)
Enter negative for loss. Max ₹2L loss set-off allowed in Old Regime. Zero in New Regime.
🧾 Deductions (Old Regime Only) (₹)
Max limit: ₹1,50,000
Max limit: ₹50,000
Max: ₹25k / ₹50k for seniors
Max: ₹2,00,000 for self-occupied
Max: ₹1,50,000 for affordable housing
Disclaimer: This calculator provided by cmaknowledge.in is designed for illustrative and educational purposes only. While every effort has been made to ensure accuracy based on the Finance Bill 2025, tax laws are subject to change. Please consult a qualified Chartered Accountant before filing your ITR.
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The new Regime calculations include HRA deductions too. WHule new regime does not allow HRA deductions. Please rectify me, if I am wrong
You are absolutely right—the new regime does not permit HRA deductions. Thank you for bringing this to our attention. We have updated the calculator accordingly, and it now reflects the correct results as per the applicable rules.
We truly appreciate your valuable feedback and the time you took to point this out. Please do check the updated version, and let us know if you have any further observations.
Thanks,
CMAA Knowledge Team.