Income Tax Compare Regimes
income_tax_compare_regimesCompare India's new and old income tax regimes for FY 2026-27, then recommend the lower-tax option based on salary, age, and deductions.
Instructions
Compare NEW vs OLD regime tax for FY 2026-27 and recommend the cheaper one.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| age | No | Age of the taxpayer. | |
| gross_salary | Yes | Annual gross salary in INR. | |
| deductions_80c | No | 80C investments (old regime only, capped at Rs 1.5 lakh). | |
| other_deductions | No | Other old-regime deductions. |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||