Question 1

Which tax regime is better for salaried employees in India?

Accepted Answer

It depends on deductions such as 80C, 80D, HRA, and home loan interest. Use the calculator with your actual numbers to compare old vs new regime.

Question 2

Does the new tax regime allow HRA exemption?

Accepted Answer

Typically HRA-related exemptions are tied to the old regime structure in planning tools. This calculator applies HRA only on the old regime side.

Question 3

Can freelancers and business owners use this calculator?

Accepted Answer

Yes — enter business profit and freelance income separately; old regime includes Chapter VI-A entries you qualify for; new regime uses illustrative ₹75k standard deduction only.

Question 4

How are NRIs handled?

Accepted Answer

There is an NRI toggle for context — tax residency and DTAA rules are not modelled in detail; use the results as non-binding illustrations only.

Question 5

Is this calculator official for filing?

Accepted Answer

No — it is an educational estimate using FY 2025-26 illustrative slabs. Confirm with your CA and Form 16.

Calculators

🧾 Tax Regime Comparison

🧾 Tax Regime Comparison