Compare old vs new income tax regime for FY 2026-27. Get an instant estimate of your tax liability under both regimes and find out which one works best for you.
FY 2026-27 (AY 2027-28)
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The old regime allows various deductions and exemptions (80C, 80D, HRA, etc.), making it beneficial for those with significant investments and insurance premiums. The new regime offers lower tax rates but doesn't allow these deductions, making it simpler for some.
Choose based on your lifestyle, investment habits, and overall tax planning strategy.
You have life insurance, PPF, ULIP, or housing loan with significant investments
You prefer simplicity and lower tax rates without relying on deductions