Tax Analysis Old vs New Regime for Salary earners

Income Taxable Net tax Taxable Net Tax

Standard
(before Deductions Income payable Income Payable Savings Beneficial
Deduction
deductions) (old) (Old) (New) (New)
7,00,000 1,50,000 50,000 5,00,000 - 7,00,000 33,800 -33,800 Old
8,00,000 1,50,000 50,000 6,00,000 33,800 8,00,000 46,800 -13,000 Old
9,00,000 1,50,000 50,000 7,00,000 54,600 9,00,000 62,400 -7,800 Old
10,00,000 1,50,000 50,000 8,00,000 75,400 10,00,000 78,000 -2,600 Old
11,00,000 1,50,000 50,000 9,00,000 96,200 11,00,000 98,800 -2,600 Old
12,00,000 1,50,000 50,000 10,00,000 1,17,000 12,00,000 1,19,600 -2,600 Old
13,00,000 1,50,000 50,000 11,00,000 1,48,200 13,00,000 1,43,000 5,200 New
14,00,000 1,50,000 50,000 12,00,000 1,79,400 14,00,000 1,69,000 10,400 New
15,00,000 1,50,000 50,000 13,00,000 2,10,600 15,00,000 1,95,000 15,600 New
16,00,000 1,50,000 50,000 14,00,000 2,41,800 16,00,000 2,26,200 15,600 New
17,00,000 1,50,000 50,000 15,00,000 2,73,000 17,00,000 2,57,400 15,600 New
18,00,000 1,50,000 50,000 16,00,000 3,04,200 18,00,000 2,88,600 15,600 New
19,00,000 1,50,000 50,000 17,00,000 3,35,400 19,00,000 3,19,800 15,600 New
20,00,000 1,50,000 50,000 18,00,000 3,66,600 20,00,000 3,51,000 15,600 New
21,00,000 1,50,000 50,000 19,00,000 3,97,800 21,00,000 3,82,200 15,600 New
22,00,000 1,50,000 50,000 20,00,000 4,29,000 22,00,000 4,13,400 15,600 New
23,00,000 1,50,000 50,000 21,00,000 4,60,200 23,00,000 4,44,600 15,600 New
24,00,000 1,50,000 50,000 22,00,000 4,91,400 24,00,000 4,75,800 15,600 New
25,00,000 1,50,000 50,000 23,00,000 5,22,600 25,00,000 5,07,000 15,600 New
26,00,000 1,50,000 50,000 24,00,000 5,53,800 26,00,000 5,38,200 15,600 New
27,00,000 1,50,000 50,000 25,00,000 5,85,000 27,00,000 5,69,400 15,600 New
28,00,000 1,50,000 50,000 26,00,000 6,16,200 28,00,000 6,00,600 15,600 New
29,00,000 1,50,000 50,000 27,00,000 6,47,400 29,00,000 6,31,800 15,600 New
30,00,000 1,50,000 50,000 28,00,000 6,78,600 30,00,000 6,63,000 15,600 New
31,00,000 1,50,000 50,000 29,00,000 7,09,800 31,00,000 6,94,200 15,600 New
32,00,000 1,50,000 50,000 30,00,000 7,41,000 32,00,000 7,25,400 15,600 New
 Tax Analysis Old vs New Regime for Non-salary earners
Income
Taxable Net tax Taxable Net Tax
(before
Deductions Income payable Income Payable Savings Beneficial
deductions
(old) (Old) (New) (New)
)
6,50,000 1,50,000 5,00,000 - 6,50,000 28,600 -28,600 Old
7,50,000 1,50,000 6,00,000 33,800 7,50,000 39,000 -5,200 Old
8,50,000 1,50,000 7,00,000 54,600 8,50,000 54,600 - Old/New
9,50,000 1,50,000 8,00,000 75,400 9,50,000 70,200 5,200 New
10,50,000 1,50,000 9,00,000 96,200 10,50,000 88,400 7,800 New
11,50,000 1,50,000 10,00,000 1,17,000 11,50,000 1,09,200 7,800 New
12,50,000 1,50,000 11,00,000 1,48,200 12,50,000 1,30,000 18,200 New
13,50,000 1,50,000 12,00,000 1,79,400 13,50,000 1,56,000 23,400 New
14,50,000 1,50,000 13,00,000 2,10,600 14,50,000 1,82,000 28,600 New
15,50,000 1,50,000 14,00,000 2,41,800 15,50,000 2,10,600 31,200 New
16,50,000 1,50,000 15,00,000 2,73,000 16,50,000 2,41,800 31,200 New
17,50,000 1,50,000 16,00,000 3,04,200 17,50,000 2,73,000 31,200 New
18,50,000 1,50,000 17,00,000 3,35,400 18,50,000 3,04,200 31,200 New
19,50,000 1,50,000 18,00,000 3,66,600 19,50,000 3,35,400 31,200 New
20,50,000 1,50,000 19,00,000 3,97,800 20,50,000 3,66,600 31,200 New
21,50,000 1,50,000 20,00,000 4,29,000 21,50,000 3,97,800 31,200 New
22,50,000 1,50,000 21,00,000 4,60,200 22,50,000 4,29,000 31,200 New
23,50,000 1,50,000 22,00,000 4,91,400 23,50,000 4,60,200 31,200 New
24,50,000 1,50,000 23,00,000 5,22,600 24,50,000 4,91,400 31,200 New
25,50,000 1,50,000 24,00,000 5,53,800 25,50,000 5,22,600 31,200 New
26,50,000 1,50,000 25,00,000 5,85,000 26,50,000 5,53,800 31,200 New
27,50,000 1,50,000 26,00,000 6,16,200 27,50,000 5,85,000 31,200 New
28,50,000 1,50,000 27,00,000 6,47,400 28,50,000 6,16,200 31,200 New
29,50,000 1,50,000 28,00,000 6,78,600 29,50,000 6,47,400 31,200 New
30,50,000 1,50,000 29,00,000 7,09,800 30,50,000 6,78,600 31,200 New
31,50,000 1,50,000 30,00,000 7,41,000 31,50,000 7,09,800 31,200 New