Loading NexProTools...
Preparing interactive calculation engine
Preparing interactive calculation engine
Compare tax liability under the Old Tax Regime (with 80C, 80D, HRA deductions) against the New Tax Regime (lower tax slabs).
Side-by-side analytical breakdown
| Comparison Metric | Income Tax Calculator | SIP Calculator | Advantage |
|---|---|---|---|
| Standard Deduction | ₹50,000 (Old Regime) | ₹75,000 (New Regime) | SIP Calculator |
| 80C & 80D Deductions | Allowed (Up to ₹2L+) | Not Allowed | Income Tax Calculator |
| Tax Slabs | Higher Tax Slabs | Concessional Lower Slabs | SIP Calculator |
| Breakeven Deduction Threshold | Req. > ₹3.75L Deductions | Better for Low Deductions | Balanced Choice |
Deterministic Mathematical Simulation Engine • Client-Side Computation
Calculate income tax liability in India comparing Old vs New tax regimes under latest budget slabs.
| Parameter | Value | Unit |
|---|---|---|
| Gross Annual Income (₹) | 1200000 | ₹ |
| 80C Investments (₹) | 150000 | ₹ |
| 80D Health Insurance (₹) | 25000 | ₹ |
| Metric | Calculated Output |
|---|---|
| Tax Payable (New Regime) | 93,600 |
| Tax Payable (Old Regime) | 111,800 |
Deterministic Mathematical Simulation Engine • Client-Side Computation
Calculate wealth accumulation and expected returns for monthly Systematic Investment Plans (SIP) in mutual funds.
| Parameter | Value | Unit |
|---|---|---|
| Monthly SIP Amount (₹/$) | 5000 | ₹ |
| Expected Return Rate (% p.a.) | 12 | % |
| Time Horizon (Years) | 10 | yrs |
| Metric | Calculated Output |
|---|---|
| Expected Maturity Amount | 1,161,695 |
| Total Amount Invested | 600,000 |
| Estimated Wealth Gain | 561,695 |
The New Tax Regime offers lower tax rates and a higher standard deduction of ₹75,000, making it default for individuals without major investments. However, if you claim high deductions (HRA, 80C ₹1.5L, 80D medical insurance, home loan interest), the Old Tax Regime may save more tax.
If your total eligible tax deductions (80C + 80D + HRA + Home Loan Interest) exceed ₹3.75 Lakhs, the Old Tax Regime is usually better. Otherwise, the New Tax Regime saves more tax.