Home / Guides / Old vs new tax regime
Old vs new tax regime
New is default and usually cheaper if you have little 80C. Old wins when deductions are large.
New regime: lower slabs, ₹75,000 standard deduction, 87A up to ₹12L taxable, almost no 80C / HRA / self-occupied home-loan interest.
Old regime: higher slabs, ₹50,000 standard deduction, 80C up to ₹1.5L, HRA, home-loan interest up to ₹2L, 87A only up to ₹5L taxable.
A salaried person at ₹12.75L with no 80C often pays zero in the new regime. The same person with ₹1.5L of 80C and large HRA should compare — use the calculator.