Income tax on salaries from ₹3 lakh to ₹1 crore for FY 2026-27 (AY 2027-28), under the new regime and the old regime, for a salaried resident individual below 60. Budget 2026 kept the slabs unchanged, so income up to ₹12 lakh (₹12.75 lakh with the standard deduction) is tax-free under the new regime. Choose a salary for the slab-wise working.
Income tax by salary, FY 2026-27
| Yearly salary | New regime tax | Old regime tax (with ₹1.5 lakh 80C) | Monthly salary after tax (new) |
|---|---|---|---|
| ₹3 lakh | ₹0 | ₹0 | ₹25,000 |
| ₹4 lakh | ₹0 | ₹0 | ₹33,333 |
| ₹5 lakh | ₹0 | ₹0 | ₹41,667 |
| ₹6 lakh | ₹0 | ₹0 | ₹50,000 |
| ₹7 lakh | ₹0 | ₹0 | ₹58,333 |
| ₹8 lakh | ₹0 | ₹33,800 | ₹66,667 |
| ₹9 lakh | ₹0 | ₹54,600 | ₹75,000 |
| ₹10 lakh | ₹0 | ₹75,400 | ₹83,333 |
| ₹11 lakh | ₹0 | ₹96,200 | ₹91,667 |
| ₹12 lakh | ₹0 | ₹1,17,000 | ₹1,00,000 |
| ₹12.75 lakh | ₹0 | ₹1,40,400 | ₹1,06,250 |
| ₹13 lakh | ₹26,000 | ₹1,48,200 | ₹1,06,167 |
| ₹14 lakh | ₹81,900 | ₹1,79,400 | ₹1,09,842 |
| ₹15 lakh | ₹97,500 | ₹2,10,600 | ₹1,16,875 |
| ₹16 lakh | ₹1,13,100 | ₹2,41,800 | ₹1,23,908 |
| ₹17 lakh | ₹1,30,000 | ₹2,73,000 | ₹1,30,833 |
| ₹18 lakh | ₹1,50,800 | ₹3,04,200 | ₹1,37,433 |
| ₹19 lakh | ₹1,71,600 | ₹3,35,400 | ₹1,44,033 |
| ₹20 lakh | ₹1,92,400 | ₹3,66,600 | ₹1,50,633 |
| ₹21 lakh | ₹2,14,500 | ₹3,97,800 | ₹1,57,125 |
| ₹22 lakh | ₹2,40,500 | ₹4,29,000 | ₹1,63,292 |
| ₹23 lakh | ₹2,66,500 | ₹4,60,200 | ₹1,69,458 |
| ₹24 lakh | ₹2,92,500 | ₹4,91,400 | ₹1,75,625 |
| ₹25 lakh | ₹3,19,800 | ₹5,22,600 | ₹1,81,683 |
| ₹26 lakh | ₹3,51,000 | ₹5,53,800 | ₹1,87,417 |
| ₹27 lakh | ₹3,82,200 | ₹5,85,000 | ₹1,93,150 |
| ₹28 lakh | ₹4,13,400 | ₹6,16,200 | ₹1,98,883 |
| ₹29 lakh | ₹4,44,600 | ₹6,47,400 | ₹2,04,617 |
| ₹30 lakh | ₹4,75,800 | ₹6,78,600 | ₹2,10,350 |
| ₹32 lakh | ₹5,38,200 | ₹7,41,000 | ₹2,21,817 |
| ₹35 lakh | ₹6,31,800 | ₹8,34,600 | ₹2,39,017 |
| ₹40 lakh | ₹7,87,800 | ₹9,90,600 | ₹2,67,683 |
| ₹45 lakh | ₹9,43,800 | ₹11,46,600 | ₹2,96,350 |
| ₹50 lakh | ₹10,99,800 | ₹13,02,600 | ₹3,25,017 |
| ₹60 lakh | ₹15,52,980 | ₹17,76,060 | ₹3,70,585 |
| ₹75 lakh | ₹20,67,780 | ₹22,90,860 | ₹4,52,685 |
| ₹1 crore | ₹29,25,780 | ₹31,48,860 | ₹5,89,518 |
How these figures are worked out
New regime: ₹75,000 standard deduction; slabs of 0% to ₹4 lakh, 5% to ₹8 lakh, 10% to ₹12 lakh, 15% to ₹16 lakh, 20% to ₹20 lakh, 25% to ₹24 lakh and 30% above; full rebate up to ₹12 lakh of taxable income with marginal relief just above it. Old regime: ₹50,000 standard deduction plus ₹1.5 lakh of Section 80C; slabs of 0% to ₹2.5 lakh, 5% to ₹5 lakh, 20% to ₹10 lakh and 30% above, with the ₹12,500 rebate up to ₹5 lakh. Surcharge applies above ₹50 lakh, and 4% health and education cess on the tax.
For a figure that is not in the table, or to change the assumptions, use the income tax calculator.
FY 2026-27 (AY 2027-28), resident individual below 60 with salary income. Excludes capital gains and other specially taxed income. An estimate, not tax advice.