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HomeServicesTax Regime Comparator - Old vs New Tax Regime | Bizeneed

Tax Regime Comparator - Old vs New Tax Regime | Bizeneed

Compare old vs new tax regime for FY 2025-26 (AY 2026-27). Calculate which tax regime saves you more with our free tax regime comparator calculator.

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2026Updated for 2026
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Free tax regime comparison Updated for AY 2026-27 Accurate calculations 50,000+ comparisons done

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New Regime Slabs (AY 2026-27)
7 slabsFrom Rs. 3L to above Rs. 15L
Old Regime
Same slabsBut with deductions (80C, etc.)
Standard Deduction
Rs. 75,000For salaried in new regime (AY 2026-27)
Rebate u/s 87A
Up to Rs. 25,000For income up to Rs. 12 lakh in new regime
Surcharge
10%-37%On income above Rs. 50 lakh
Cess
4%Health & Education Cess

What is Tax Regime Comparison?

Tax Regime Comparator is a tool that helps you compare your tax liability under the old and new tax regimes introduced in the Union Budget 2020. The Finance Act introduced a new simplified tax regime with lower rates but no deductions/exemptions.

Under the new tax regime (default for FY 2024-25 onwards), taxpayers pay lower tax rates on slabs ranging from Rs. 3 lakh to above Rs. 15 lakh, but cannot claim deductions under Section 80C, 80D, HRA, LTA, and other deductions.

Under the old tax regime, taxpayers pay the same slab rates as before, but can claim various deductions and exemptions (Section 80C, 80D, HRA, LTA, home loan interest, etc.). The choice between old and new regime can significantly impact your tax liability.

For AY 2026-27 (FY 2025-26), the new regime has 7 slabs starting from Rs. 3 lakh (up from Rs. 2.5 lakh), with standard deduction of Rs. 75,000 for salaried. The rebate under Section 87A is available up to Rs. 12 lakh income.

Bizeneed visual guide

Tax Regime Comparator - Old vs New Tax Regime | Bizeneed

Compare old vs new tax regime for FY 2025-26 (AY 2026-27). Calculate which tax regime saves you more with our free tax regime comparator calculator.

1

Understand requirement

2

Prepare documents

3

Complete filing

Client

Bizeneed

Result

Eligibility

Who needs tax regime comparison?

  • Salaried individuals choosing between old and new regime
  • Freelancers and consultants comparing tax liabilities
  • Business owners deciding on regime for ITR filing
  • Tax planners optimizing tax savings
  • Anyone who wants to understand which regime is better
Documents

Documents Required for ITR Filing

Common to every entity

  • PAN cardMandatory
  • Aadhaar cardMandatory
  • Form 16 / Salary slipsMandatory
  • Investment proofs (80C, 80D)
  • House rent receipts (for HRA)
  • Home loan interest certificate
Process

How to Compare Tax Regimes

1

Enter Your Details

Enter your gross salary, other income, HRA, investments under 80C, home loan details, and other applicable deductions.

2

Calculate Under Both Regimes

Under the old regime, all deductions are applied. Under the new regime, no deductions (except standard deduction of Rs. 75,000) are applied.

3

Choose the Better Option

The tool shows side-by-side comparison of tax liability, effective rate, and savings under each regime. Choose the regime that gives you the lower tax liability.

Timeline

Tax Regime Timeline (AY 2026-27)

1

FY 2025-26

2

AY 2026-27

3

31 July 2026

StageDuration
FY 2025-26
AY 2026-27
31 July 2026
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Full fee breakdown

ParticularsGovernment feeProfessional fee
Tax Regime ComparatorFreeFree
ITR FilingRs. 0From Rs. 499

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Income type?

Deductions?

Benefits

Benefits of Tax Regime Comparison

Save Money

  • Choose the regime that minimizes your tax liability.

Informed Decision

  • Understand the trade-offs between simplicity (new) and savings (old).

Free

  • Use the comparator tool as many times as needed.
Why Bizeneed

Why Choose Bizeneed?

Free tax regime comparator
Updated for AY 2026-27
CA-assisted ITR filing
50,000+ ITR filings
Maximum tax savings
FAQ

Frequently asked questions

It depends on your income and deductions. If you have significant deductions under 80C, 80D, HRA, and home loan interest, the old regime might be better. If you don't have many deductions, the new regime with lower rates is likely better. Use our comparator tool to find out.

Salaried individuals can switch between old and new regime every year (even multiple times within a year for different employers). However, for business/profession income, you can switch only once from old to new regime. Once you switch to new regime for business income, you cannot revert to old regime.

BR

Written by Bizeneed Research Team, Income Tax Experts

Last updated 2026-09-06

Sources

  • Income Tax e-Filing Portal

Tax rules are subject to change. Always verify with the latest IT Act.

You might also need

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