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Old vs new tax regime calculator for NRIs

Enter your Indian income, any capital gains and what you'd deduct. You'll see the tax under each regime side by side, which is lower, and why.

Fact-checked against official sources · 27 Sep 2026Next review Mar 2027Tax year 2026-27

Your Indian income

Example: Tanvi in Toronto

For a non-resident (NRI) this tax year. Not sure? Use our residency status checker.

Income taxed at slab rates
Only the months you worked in India. Salary earned abroad isn’t taxed in India for an NRI.
₹4.8 lakhFor a flat or house you let out in India.
₹20,000
Allowed under both regimes.
₹60,000NRO savings. NRE interest is tax-free, so leave it out.
₹1.4 lakhNRO fixed and recurring deposits, bonds.
A short-term gain on property goes here. Not dividends or other capital gains.
Capital gains taxed at their own ratesTaxed the same way under both regimes. Kept apart so they aren't mixed with slab income.
The gain, not the sale price. Our capital gains calculator works it out.
Listed shares and equity mutual funds, before the yearly tax-free amount.
Old-regime deductionsOnly the old regime allows these. Enter what you paid in the year.
Section 80C-type investments. Counts up to ₹1.5 lakh.
On top of the 80C-type limit. Counts up to ₹50,000.
Premiums you paid in the year. Counts up to ₹25,000.
Including a home that stands empty while you live abroad. Counts up to ₹2 lakh.
Results update as you type.
The old regime saves you
₹2,600

₹13,494 under the old regime against ₹16,094 under the new one. To get the lower figure you have to choose the old regime in your return, filed on time.

Side by side
New regimeOld regime
Income from house property₹3,22,000₹3,22,000
Interest and other income₹2,00,000₹2,00,000
Old-regime deductionsNot allowed− ₹2,00,000
Income taxed at slab rates₹5,22,000₹3,22,000
Tax at slab rates₹6,100₹3,600
Tax on capital gains, at their own rates₹9,375₹9,375
Health and education cess₹619₹519
Total tax₹16,094₹13,494

Why

  • Under the old regime, deductions of ₹2,00,000 come off your income. The new regime allows none of this.
  • The new regime's slabs are wider: tax starts above ₹4 lakh, against ₹2.5 lakh under the old regime for a non-resident of any age.
  • Your capital gains are taxed at their own rates, the same under both regimes: ₹9,375 before surcharge and cess. They don't use up the slab-rate exemption, and deductions can't reduce them.
  • To use the old regime, choose it in your income-tax return for tax year 2026-27, filed by 31 July 2027. Without business income you choose afresh each year.
  • Some of what you entered is above a deduction's limit, so only the limit counts.
  • The first ₹1.25 lakh of long-term gains on listed shares and equity funds in a year is tax-free.

Figures for tax year 2026-27, checked 27 September 2026.

How this is worked out

The calculator works out your tax twice, once under each regime, for a non-resident individual in tax year 2026-27 (FY 2026-27, AY 2027-28). It’s part of our guides to filing your return from abroad. The new regime is the default 2025 Act s. 202was s. 115BAC; the old regime is the one you opt into.

If you’re not sure you’re a non-resident this year, check with our residency status checker first. A resident gets a different answer.

What changes between the two

New regime Old regime
Tax starts above ₹4 lakh ₹2.5 lakh, at any age
Standard deduction on Indian salary ₹75,000 ₹50,000
Rent: flat 30% and let-out loan interest Yes Yes
Interest on a home you keep for yourself No Up to ₹2 lakh
House-property loss against other income No Up to ₹2 lakh
Investments such as PPF, ELSS and life insurance No Up to ₹1.5 lakh
Health insurance No Yes
Savings-account interest No Up to ₹10,000

The investment deduction is the old 80C 2025 Act s. 123was s. 80C, health insurance is the old 80D 2025 Act s. 126was s. 80D, and the savings-interest deduction is the old 80TTA 2025 Act s. 153was s. 80TTA. Rent follows the house-property rules 2025 Act s. 22was s. 24: rent less municipal taxes, less the flat deduction, less the loan interest.

No rebate for NRIs

Most “old vs new” comparisons assume the rebate that makes a smaller income tax-free. It’s for residents only 2025 Act s. 156was s. 87A, in both regimes. That’s why a modest Indian income often favours the new regime for an NRI: its higher starting point does for you what the rebate does for a resident. The calculator never applies the rebate, and tells you when a resident in your position would have paid nothing.

Capital gains sit outside the comparison

Long-term gains on property 2025 Act s. 197was s. 112, long-term gains on listed shares and equity funds 2025 Act s. 198was s. 112A, and short-term gains on them 2025 Act s. 196was s. 111A are taxed at their own rates, the same under both regimes. As a non-resident you can’t set them against the unused part of the starting slab, and deductions can’t reduce them. So the calculator keeps them in their own box. They still count towards the surcharge bands, and the surcharge on the tax on them never goes above 15%.

Surcharge and cess

Surcharge applies only once total income passes the first band. The old regime’s top rate on ordinary income is higher than the new regime’s, which matters only for very large incomes. Cess of 4% goes on the tax plus surcharge under both.

Choosing the old regime

Without business income, you choose the old regime in your return itself, filed by the due date, 31 July 2027 2025 Act s. 263(1)was s. 139(1). There’s no separate form, and you can choose again each year. Miss the due date and you should expect the new regime to apply.

If you find you must file anyway, our guide to choosing the right ITR form comes next. If tax was deducted from your NRO interest, the NRO TDS refund estimator shows what could come back.

What the calculator leaves out

Assumptions

  • You’re a non-resident individual for the whole tax year. Residents, RNORs and HUFs aren’t covered.
  • No business or professional income, agricultural income or dividends.
  • Only the deductions shown. Your employer’s NPS contribution (allowed in both regimes), donations, education-loan interest and disability deductions aren’t included.
  • One let-out property and one home you keep for yourself. The lower interest cap when a loan doesn’t meet the conditions, and interest from before the home was finished, aren’t checked.
  • A house-property loss is set against your other slab income only. Any loss carried forward isn’t valued.
  • Surcharge relief just above a band edge is worked out when all your income is taxed at slab rates. With gains or dividends in the mix it isn’t, and the calculator tells you when it may apply.
  • Treaty rates, TDS and advance tax aren’t considered. This is the tax on your return, not what banks or tenants deduct.

When to get a chartered accountant

  • You have business or professional income in India. Switching regimes then has lasting limits.
  • The two totals are close and you have deductions not listed here, such as donations or an education loan.
  • You have a house-property loss to carry forward, or several properties.
  • Your income is near a surcharge band edge, or you have dividends as well as gains.
Next steps

Read the guides behind the numbers

Questions

Questions about this calculator

Do NRIs get the rebate that makes a smaller income tax-free?

No. That rebate is for residents only, in both regimes. A resident whose income is within ₹12 lakh pays nothing under the new regime; an NRI with the same income pays slab tax on everything above ₹4 lakh. Under the old regime the resident's limit is ₹5 lakh, and again an NRI doesn't get it.

How do I choose the old regime?

The new regime applies unless you opt out. Without business income, you choose the old regime in your income-tax return itself, filed by the due date (31 July 2027 for tax year 2026-27), and you can choose again each year. If you file after the due date, expect the new regime to apply.

Can an NRI deduct interest on an NRO savings account?

Yes, under the old regime only: up to ₹10,000 of savings-account interest. Fixed-deposit interest doesn't count. The bigger deduction on all deposit interest is for resident senior citizens, so an NRI can't claim it at any age.

Does the regime change the tax on my capital gains?

No. Long-term gains on property and on shares, and short-term gains on shares, are taxed at their own rates under both regimes. As an NRI you can't set them against unused slab room, and old-regime deductions can't reduce them. Only the surcharge band depends on your total income.

Is the flat deduction on rent allowed in the new regime?

Yes. The 30% deduction and the loan interest on a let-out property are allowed in both regimes. What the new regime takes away is the interest on a home you keep for yourself, and setting a house-property loss against your other income.