My 80C includes life insurance (LIC / term plan) premiums
Self and family: up to Rs 25,000 (Rs 50,000 if senior). Parents: additional Rs 25,000 or Rs 50,000.
▶ More deductions (NPS, Education Loan, Donations, etc.)
Over and above the 80C limit. Max Rs 50,000. Old regime only.
Allowed in BOTH regimes. Old: up to 10% of basic. New: up to 14% of basic. Combined cap with PF and superannuation: Rs 7.5 lakh.
Interest on loan for higher education. No upper limit. Available for 8 years from repayment start.
Enter the deductible portion (50% or 100% depending on institution).
Max Rs 10,000 (Rs 50,000 for senior citizens under 80TTB).
Your Tax Comparison
Recommendation
Old Regime
New Regime
▶ View detailed breakdown
Component
Old Regime
New Regime
What about your investments?
Equity mutual fund gains are taxed at special rates (20% STCG, 12.5% LTCG above Rs 1.25 lakh) - same in both regimes. But debt mutual fund gains, FD interest, and short-term gains on gold or property are taxed at your slab rate - so your regime choice does affect them. Crypto and digital assets are taxed at a flat 30% regardless of regime. This calculator focuses on salary income, which is where the regime decision matters most for salaried professionals.
Tax planning is step 1. Income planning is step 2.
After you stop working, where will your income come from?
Now here is a question most tax planners miss. Some people structure this in a way that is both guaranteed and tax-free under current law. Kamal-Jeswani's GIP Advisor can show you how this works for your profile.
10-digit number starting with 6, 7, 8, or 9
Kamal Sir will also personally reach out on WhatsApp
This calculator is for educational purposes only. Tax rules are based on publicly available information for the selected financial year.
Consult a qualified tax professional before filing. 4% Health & Education Cess included. Surcharge applicable for income above Rs 50 lakhs.