Open-source calculator
Old vs New Tax Regime Comparison
Compare approximate income tax under old and new Indian regimes.
₹12,00,000
Calculation breakdown
| Parameter | Value |
|---|---|
| Annual income (₹) | ₹12,00,000 |
| Old regime tax | ₹1,63,800 |
| New regime tax | ₹81,900 |
| Better regime | new |
| Tax difference | ₹81,900 |