Tax Regime Comparison
PeopleOS calculates TDS under both Old and New tax regimes:
New Regime (Default FY 2025-26)
- Standard deduction: ₹75,000
- Slabs: 0-4L (nil), 4-8L (5%), 8-12L (10%), 12-16L (15%), 16-20L (20%), 20-24L (25%), 24L+ (30%)
- Rebate u/s 87A: Up to ₹60,000 if taxable income ≤ ₹12L
Old Regime
- Standard deduction: ₹50,000
- Slabs: 0-2.5L (nil), 2.5-5L (5%), 5-10L (20%), 10L+ (30%)
- Section 80C, 80D, HRA exemption available
Employees choose their regime via the ESS Tax Declaration portal. PeopleOS shows which regime saves more.