Old vs New Regime — Tax Comparison

Assessee

Client name (optional)

Age category

Resident individual (for 87A rebate & exemption set-off)

Income from Salary

Gross salary

Standard deduction is applied automatically: ₹50,000 (old) / ₹75,000 (new).

HRA exemption u/s 10(13A) Under old regime only

Income from House Property

Self-occupied (interest capped ₹2,00,000; not allowed in new regime)

Interest on home loan u/s 24(b)

Capital Gains Same in both

STCG u/s 111A — listed equity / equity MF @ 20%

LTCG u/s 112A — listed equity / equity MF @ 12.5%

Enter gross gain. First ₹1,25,000 is exempt automatically.

LTCG u/s 112 — property / gold / other @ 12.5%

Without indexation. For pre-23 Jul 2024 property, the 20%-with-indexation option must be checked manually.

Other STCG — taxed at slab rate

Short-term gains on property/debt etc. taxed at normal slab.

Other income

Business / Profession (net)

Other Sources

Bank/FD interest, dividends, etc.

Chapter VI-A deductions Old only*

80C — LIC, PPF, ELSS, EPF, tuition, principal

80CCD(1B) — additional NPS

80CCD(2) — employer NPS Both

Allowed in both regimes. 10% (old) / 14% (new) of Basic+DA.

80D — health insurance / medical

80TTA — savings bank interest

80E — education loan interest

80G — donations (net)

Other Chapter VI-A (80U, 80DD, 80DDB, 80EEA…)

Tax Comparison · AY 2026-27

Enter income to compare

Particulars	Old Regime	New Regime

* New-regime treatment: standard deduction ₹75,000; HRA, 80C, 80CCD(1B), 80D, 80TTA, 80E, 80G and self-occupied 24(b) interest are not allowed. Only 80CCD(2) and employer-side items carry over. Capital-gains rates (111A 20%, 112A/112 12.5%) are identical in both regimes.

Section 87A rebate applies to normal-income tax only, not to capital-gains tax — old: income ≤ ₹5,00,000; new: ≤ ₹12,00,000 (with marginal relief).
For residents, unused basic exemption is set off against capital gains automatically.
Where total income exceeds ₹50,00,000 with capital gains, the 15% surcharge cap on gains and marginal relief should be reviewed manually.
Always reconcile income & TDS against AIS / Form 26AS before filing.