New vs Old Tax Regime Calculator
Compare New Tax Regime vs Old Tax Regime side-by-side with updated perquisites and 50% metro HRA cities
Key Features & Calculation Guidance
Key features: Side-by-Side Comparison, Updated Perquisites, 50% Metro HRA Expansion. Free, 100% browser-based — no login required.
Frequently Asked Questions
What is the new meal voucher tax exemption limit from April 2026?
The tax-free meal voucher and cafeteria subsidy exemption is increased from ₹50 per meal to ₹200 per meal, translating to a monthly limit of up to ₹8,800.
Which new cities qualify for the 50% Metro HRA exemption?
Bengaluru, Hyderabad, Pune, and Ahmedabad now officially qualify for the 50% HRA salary exemption test alongside Delhi, Mumbai, Kolkata, and Chennai.
What are the Children Education and Hostel Allowance limits under the Old Regime?
Children Education Allowance is updated to ₹3,000/month per child (max 2 children), and Hostel Allowance is updated to ₹9,000/month per child (max 2 children).
Is the New Tax Regime mandatory for all taxpayers from April 2026?
No. The New Tax Regime is the default regime for TDS calculation by employers, but salaried employees retain the option to choose the Old Tax Regime by filing a declaration with their employer or selecting it while filing their ITR.
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