Old vs. New Tax Regime Comparator

Compare estimated tax under the old regime (with deductions) vs. the new simplified regime.

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How this comparison works (simplified)

New regime: lower slab rates but no deductions. Old regime: standard slabs, but your taxable income is first reduced by your total deductions (80C, HRA, standard deduction, etc.) before tax is computed. Whichever gives a lower tax is generally better for you.

Illustrative estimate only — tax rules change frequently and vary by jurisdiction/circumstance. Verify with an accountant or official source before relying on this.