Tax Planning
Old vs New
Tax Regime
Enter your salary structure. See exactly which regime saves you more — Budget 2024 rates.
Gross Annual Salary (CTC)
Old Regime Deductions
HRA Exemption (u/s 10(13A))
Leave blank if you don't stay in rented accommodation
80C (PF + Insurance + ELSS)
Max ₹1,50,000
80CCD(1B) NPS Contribution
Additional NPS – max ₹50,000
80D Medical Insurance Premium
Self: ₹25,000 + Parents: ₹50,000 max
24(b) Home Loan Interest
Max ₹2,00,000 for self-occupied property
Verdict
Old Regime WinsOld Regime
You save ₹41,860/year in tax.
Old Regime Tax
₹29,640
Eff. rate: 2.5%
Net salary: 11.70 L
New Regime Tax
₹71,500
Eff. rate: 6%
Net salary: 11.29 L
Deduction Impact
Total Deductions Claimed (Old Regime)
₹6,20,000
📌 Budget 2024 Changes
New Regime: Standard deduction raised ₹50K → ₹75K. Tax slabs revised. Effective for FY 2024-25 onwards. STCG on equity: 15% → 20%. LTCG on equity: 10% → 12.5%. LTCG exemption: ₹1L → ₹1.25L.