Question 1

Which is better Old or New Tax Regime in FY 2025-26?

Accepted Answer

If you claim high deductions like 80C, 80D, or home loan interest, the Old Regime is better. If you don’t claim deductions, the New Regime is better.

Question 2

Does Old Regime allow 80C and home loan deductions?

Accepted Answer

Yes, the Old Regime allows deductions under Section 80C (₹1.5L), 80D (health insurance), and housing loan interest (₹2L). The New Regime does not.

Question 3

Can I switch between Old and New Regimes every year?

Accepted Answer

Salaried taxpayers can switch regimes each year. Business owners and professionals under presumptive taxation have restrictions.

Old vs New Tax Regime Calculator FY 2025-26 (AY 2026-27)

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