Free calculator for Indian taxpayers. Compare old vs new regime, spot deductions you are missing, and plan your 80C, 80D, HRA and NPS — all before filing your ITR.
From a quick estimate to a full CA-reviewed plan — we make it simple.
Input your income, age, and deductions into our free calculator. Takes under two minutes — no sign-up required.
See a side-by-side breakdown of old vs new regime tax liability and get an instant recommendation tailored to your profile.
Discover missed deductions and optionally book a free consultation with a certified CA for personalised filing support.
Instant estimate under both regimes for FY 2025-26 (AY 2026-27) — slab-wise breakdown, 87A rebate, surcharge, 4% cess, and personalised savings tips.
Every deduction available under the old tax regime, explained simply
EPF, PPF, ELSS, NSC, life insurance premium, tuition fees, home loan principal repayment
Up to ₹1,50,000Health insurance premium for self, spouse, children, and parents. Additional limit for senior parents.
Up to ₹75,000Interest paid on home loan for a self-occupied or let-out residential property
Up to ₹2,00,000Additional deduction on NPS contribution, over and above the ₹1.5 lakh limit under 80C
Up to ₹50,000House rent allowance exemption for salaried employees paying rent for residential accommodation
Formula basedDeduction on interest paid on loan taken for higher education of self, spouse, children, or ward
No upper limitDonations made to approved charitable institutions, funds, or relief organisations
50% or 100%Deduction on interest income from savings bank accounts, post office savings, or cooperative banks
Up to ₹10,000Understand which tax regime works better for your income profile
| Taxable Income | Tax Rate | Max Tax on Slab |
|---|---|---|
| Up to ₹4,00,000 | Nil | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% | ₹20,000 |
| ₹8,00,001 – ₹12,00,000 | 10% | ₹40,000 |
| ₹12,00,001 – ₹16,00,000 | 15% | ₹60,000 |
| ₹16,00,001 – ₹20,00,000 | 20% | ₹80,000 |
| ₹20,00,001 – ₹24,00,000 | 25% | ₹1,00,000 |
| Above ₹24,00,000 | 30% | On balance |
Budget 2025 revised the new regime: 87A rebate extended to ₹12,00,000 taxable income (max rebate ₹60,000) with marginal relief just above ₹12 L. Add 4% Health & Education cess on total tax. Surcharge applies above ₹50 L (10%), ₹1 Cr (15%), ₹2 Cr (25%); capped at 25% in new regime.
| Taxable Income | Below 60 | Senior (60–80) | Super Senior (80+) |
|---|---|---|---|
| Up to ₹2,50,000 | Nil | Nil | Nil |
| ₹2,50,001 – ₹3,00,000 | 5% | Nil | Nil |
| ₹3,00,001 – ₹5,00,000 | 5% | 5% | Nil |
| ₹5,00,001 – ₹10,00,000 | 20% | 20% | 20% |
| Above ₹10,00,000 | 30% | 30% | 30% |
Old regime: 87A rebate up to ₹12,500 for taxable income ≤ ₹5,00,000 (effective zero tax). Standard deduction ₹50,000 for salaried/pensioners. 4% cess + surcharge (up to 37% above ₹5 Cr) applicable.
Real results from real taxpayers across India
I had no idea I was missing NPS deductions and HRA exemption both. iTaxSaver helped me save ₹38,000 in a single filing cycle. Highly recommend their team.
The regime comparison tool made it crystal clear which option suited my income profile. Switched back to old regime and saved ₹52,000 that year.
I always filed on my own and unknowingly overpaid for years. One consultation changed everything. The team is thorough, prompt, and genuinely helpful.
As a freelancer, tax filing always stressed me. iTaxSaver sorted my presumptive taxation, deductions, and advance tax schedule in one go. Brilliant service.
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Quick answers to the most common income tax planning questions