Old vs new regime: 3-step working copy, 2026-27
Tax Regime Kit 2026-27 · tools.nineclip.com/systems/old-vs-new-tax-regime/
1. Your figures
Gross salary, ₹
Basic + DA, ₹
HRA received, ₹
Rent paid in the year, ₹
City in the 8-city list? Y / N
Age: under 60 / 60 to 79 / 80+
2. HRA exemption (least of three)
| Amount | ₹ |
|---|---|
| HRA received | |
| Rent minus 10% of basic + DA | |
| 50% (8 cities) or 40% of basic + DA | |
| Exempt HRA = the least |
Old-regime deductions
| Item | Cap | Yours ₹ |
|---|---|---|
| Exempt HRA (from 2) | least of three | |
| s.123 (old 80C), incl. own EPF | ₹1,50,000 | |
| s.124 own NPS (old 80CCD(1B)) | ₹50,000 | |
| s.126 health insurance (old 80D) | ₹25,000 + ₹25,000 (₹50,000 at 60+) | |
| s.22 home loan interest (old 24(b)) | ₹2,00,000 | |
| Professional tax | ₹2,500 | |
| Other (s.129, s.133) | ||
| Total deductions |
3. Result
New regime tax, ₹
Old regime tax, ₹
Break-even at my salary, ₹
My total deductions, ₹
Lower regime: old / new
Difference, ₹
Record
- Regime told to employer (date): ____
- Proofs submitted to employer
- Re-run in January with final rent
- Re-check when filing the return