Old Regime New Regime

Total Income ₹ 1,800,000 Total Income

Deductions + Exemptions ₹ 500,000 Deductions + Exemptions (NPS)

Taxable income ₹ 1,300,000 Taxable income

Tax in old regime ₹ 202,500 Tax in old regime

Difference
You should choose
egime
₹1,800,000
₹ 50,000

₹1,750,000
₹ 262,500

₹ -60,000
Old
 Old regime New reg
Slab Divided income Tax rate Tax Slab
Slab 1 249999 ₹ 249,999 0% 0 Slab 1
Slab 2 250000 ₹ 250,000 5% 12500 Slab 2
Slab 3 500000 ₹ 500,000 20% 100000 Slab 3
Slab 4 300000 ₹ 300,000 30% 90000 Slab 4
Slab 5
Slab 6
Slab 7

80CC 0
Total ₹ 202,500 Total
 New regime
Divided income Tax rate Tax
249999 ₹ 249,999 0% ₹ -
250000 ₹ 250,000 5% ₹ 12,500
250000 ₹ 250,000 10% ₹ 25,000
250000 ₹ 250,000 15% ₹ 37,500
250000 ₹ 250,000 20% ₹ 50,000
250000 ₹ 250,000 25% ₹ 62,500
250000 ₹ 250,000 30% ₹ 75,000

₹ 262,500