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Old vs new tax regime 2026

Lower rates or more deductions? Here's how the two regimes compare in 2026 and how to find your break-even.

By the Launch My Office team · Updated 2026-06-22 · 6 min read

Every taxpayer chooses between the old and new income tax regimes. The right pick depends entirely on how many deductions you actually claim. Use the Income Tax Calculator to test both with your numbers.

The new regime

The new regime is the default. It offers lower slab rates and a higher basic exemption, but you give up most deductions and exemptions. It suits people who don't invest heavily in 80C instruments or claim HRA.

The old regime

The old regime keeps the familiar deductions — 80C (up to ₹1.5 lakh), 80D (health insurance), HRA, home-loan interest and more. If you use these fully, the old regime can beat the new one despite higher headline rates.

Break-even thinking

The more deductions you genuinely claim, the more the old regime favours you. Below a certain deduction level, the new regime's lower rates win. There's no universal answer — it's arithmetic specific to you.

Don't choose a regime to justify investments you wouldn't otherwise make. Invest for goals first, then pick the regime that taxes you least.

For online sellers specifically

Sellers often have business deductions (expenses) that apply under both regimes — those reduce profit before the regime choice. The regime question is mainly about personal deductions like 80C and HRA on top of business income.

Decide in two minutes

  1. Open the Income Tax Calculator.
  2. Enter income, then your realistic deductions.
  3. Compare the tax under both regimes and choose the lower.

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Frequently asked questions

Which regime is the default in 2026?

The new regime is the default; you can opt for the old regime if it results in lower tax for you.

Can salaried and business taxpayers both switch?

Salaried individuals can choose each year. Those with business income have more restrictions on switching, so plan carefully.

How do I know which is cheaper for me?

Run both through the free Income Tax Calculator with your income and deductions.

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