Taxation
New vs Old Tax Regime Calculator
Verified Indian financial mathematics, statutory regulations, and step-by-step actionable breakdowns.
SIP (Systematic Investment Plan)
Monthly compounding in Equity & Hybrid Mutual Funds
Monthly Investment Amount₹10,000
Expected Annual Returns (CAGR)12.0%
Time Horizon15 Years
Invested Amount
₹18,00,000
Wealth Gained
₹32,45,760
Total Corpus
₹50,45,760
Mathematical Formula & Calculation Engine
Computes total tax liability across revised slab structures, rebates under Section 87A, 4% Health & Education Cess, and determines the optimal regime.
Tax = Sum of (Taxable Income in Slab × Slab Rate) + 4% Cess - 87A Rebate
Why Use the Tax Comparator?
Instant recommendation on which regime saves maximum net cash
Incorporates updated ₹75,000 Standard Deduction for New Regime
Prevents tax overpayment during payroll declaration
Tax Comparator FAQs
Under the New Tax Regime with the ₹75,000 Standard Deduction and Section 87A rebate, a salaried individual earning up to ₹7,75,000 gross pays ₹0 in income tax!
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