FY 2024-25 (AY 2025-26) Updated

Income Tax Regime Optimizer Hub

Confused between the New and Old tax regime? Use India's most advanced optimizer to find the exact salary thresholds and investment requirements to minimize your tax liability.

New vs. Old Tax Regime: Budget 2024 Updates

The Union Budget 2024 has made the New Tax Regime the default option for Indian taxpayers. However, for those with significant investments in 80C, 80D, and Home Loan interest (Section 24), the Old Tax Regime might still be superior. Our calculator helps you navigate this complex choice with precision.

New Regime Highlights

  • No tax up to ₹7.75 Lakhs (with Standard Deduction)
  • Lower tax rates for higher brackets
  • Simpler filing without documentation

Old Regime Highlights

  • Claim ₹1.5L under Section 80C
  • Claim ₹2L Home Loan interest
  • HRA & LTA exemptions available

Key Deductions to Consider

If you choose the Old Regime, ensure you are maximizing these sections:

Section 80C (Limit: ₹1.5 Lakh)

Includes investments in PPF, ELSS, EPF, LIC, and Principal repayment of Home Loan. This is the cornerstone of Indian tax saving.

Section 80D (Health Insurance)

Premiums paid for yourself, spouse, children (₹25k) and parents (up to ₹50k if senior citizens) can significantly lower your taxable income.