Salary & tax · 8 min read
How much income tax at every salary from ₹5 lakh to ₹50 lakh?
By Vijay Singh Sinhmar · Fintech automation specialist, 8 years in finance · Published 2026-10-12
In FY 2026-27, salary income is tax-free under the new regime up to ₹12,75,000 gross, thanks to the ₹75,000 standard deduction and the Section 87A rebate. Above that, tax on ₹15 lakh is ₹97,500, on ₹20 lakh ₹1,92,400 and on ₹30 lakh ₹4,75,800. The table gives every salary from ₹5 lakh to ₹50 lakh under both regimes.
Educational information, not investment advice · Muktify is not SEBI-registered
Tax Regime Calculator: New vs Old (FY 2026-27)
Enter your salary and the deductions you already have — see the tax under the new and old regime side by side, and which is lower for you.
CTC minus employer PF/gratuity — your gross taxable salary
EPF + PPF + ELSS + life insurance etc. (capped at ₹1.5L)
Self + family, capped at ₹25,000
Interest paid per year, capped at ₹2L in the old regime
Your eligible HRA exemption, if you rent (enter your computed amount)
New regime
₹97,500
tax per year, incl. 4% cess
Old regime
₹2.57L
tax per year, incl. 4% cess
You save ₹1.60L/year with the new regime.
Taxable income: ₹14.25L (new) · ₹14.50L (old, after your deductions)
Assumptions
- FY 2026-27 slabs; resident individual below 60, salaried.
- Standard deduction: ₹75,000 (new) / ₹50,000 (old). 4% cess included.
- Section 87A rebate applied in both regimes (incl. marginal relief in the new regime).
- Surcharge is not modelled — results above ₹50L income are underestimated.
- 80C is what you already invest — this tool never suggests investing more.
Educational estimate on your inputs — not tax advice. Verify with a tax professional before filing.
Not investment advice. Not SEBI-registered.
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Income tax at every salary, both regimes
Each row takes a gross salary, a resident below 60 with salary income only, and works it through both FY 2026-27 regimes, 4% cess included. The old-regime column claims nothing beyond its ₹50,000 standard deduction; the last column is the total of other deductions it would need to cost no more than the new regime.
Tap a salary for its full page: both regimes slab by slab, monthly TDS, and what the same figure means if it is your CTC rather than your gross.
| Gross salary | New regime | TDS a month (new) | Old regime, nothing claimed | Old-regime deductions to draw level |
|---|---|---|---|---|
| ₹5,00,000 | ₹0 | ₹0 | ₹0 | ₹0 |
| ₹6,00,000 | ₹0 | ₹0 | ₹23,400 | ₹50,000 |
| ₹7,00,000 | ₹0 | ₹0 | ₹44,200 | ₹1,50,000 |
| ₹8,00,000 | ₹0 | ₹0 | ₹65,000 | ₹2,50,000 |
| ₹9,00,000 | ₹0 | ₹0 | ₹85,800 | ₹3,50,000 |
| ₹10,00,000 | ₹0 | ₹0 | ₹1,06,600 | ₹4,50,000 |
| ₹11,00,000 | ₹0 | ₹0 | ₹1,32,600 | ₹5,50,000 |
| ₹12,00,000 | ₹0 | ₹0 | ₹1,63,800 | ₹6,50,000 |
| ₹13,00,000 | ₹26,000 | ₹2,167 | ₹1,95,000 | ₹6,88,000 |
| ₹14,00,000 | ₹81,900 | ₹6,825 | ₹2,26,200 | ₹5,19,000 |
| ₹15,00,000 | ₹97,500 | ₹8,125 | ₹2,57,400 | ₹5,44,000 |
| ₹16,00,000 | ₹1,13,100 | ₹9,425 | ₹2,88,600 | ₹5,69,000 |
| ₹18,00,000 | ₹1,50,800 | ₹12,567 | ₹3,51,000 | ₹6,42,000 |
| ₹20,00,000 | ₹1,92,400 | ₹16,033 | ₹4,13,400 | ₹7,09,000 |
| ₹25,00,000 | ₹3,19,800 | ₹26,650 | ₹5,69,400 | ₹8,00,000 |
| ₹30,00,000 | ₹4,75,800 | ₹39,650 | ₹7,25,400 | ₹8,00,000 |
| ₹40,00,000 | ₹7,87,800 | ₹65,650 | ₹10,37,400 | ₹8,00,000 |
| ₹50,00,000 | ₹10,99,800 | ₹91,650 | ₹13,49,400 | ₹8,00,000 |
Why the new regime is nil up to ₹12,75,000
The new regime takes ₹75,000 off salary as a standard deduction, and the Section 87A rebate cancels all the slab tax on taxable income up to ₹12,00,000. Together they make a gross salary of ₹12,75,000 or less tax-free for a resident with no other income.
Other income — savings interest, rent, capital gains — counts towards the same limit, so the line can arrive sooner than the salary alone suggests.
The strip just above the line
Just past ₹12,75,000, marginal relief stops the tax jumping from nil to the full slab amount: the tax before cess cannot exceed how far taxable income is above ₹12,00,000. That is why ₹13 lakh pays ₹26,000 rather than the ₹63,750 of slab tax the slabs alone would give.
When the old regime can cost less
The old regime has higher rates but lets you subtract more: 80C, 80D, home-loan interest, HRA and others. The last column of the table is how much of those it takes for the old regime to cost no more than the new. Whether you have that much to claim is something only your own payslip and receipts can say.
Income tax on a ₹5 lakh salary
On ₹5,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, and nil under the old regime too. The full slab-by-slab working is linked from the ₹5 lakh row of the table above.
Income tax on a ₹6 lakh salary
On ₹6,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹23,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹50,000. The full slab-by-slab working is linked from the ₹6 lakh row of the table above.
Income tax on a ₹7 lakh salary
On ₹7,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹44,200 under the old regime with nothing claimed, which draws level only once other deductions reach ₹1,50,000. The full slab-by-slab working is linked from the ₹7 lakh row of the table above.
Income tax on a ₹8 lakh salary
On ₹8,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹65,000 under the old regime with nothing claimed, which draws level only once other deductions reach ₹2,50,000. The full slab-by-slab working is linked from the ₹8 lakh row of the table above.
Income tax on a ₹9 lakh salary
On ₹9,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹85,800 under the old regime with nothing claimed, which draws level only once other deductions reach ₹3,50,000. The full slab-by-slab working is linked from the ₹9 lakh row of the table above.
Income tax on a ₹10 lakh salary
On ₹10,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹1,06,600 under the old regime with nothing claimed, which draws level only once other deductions reach ₹4,50,000. The full slab-by-slab working is linked from the ₹10 lakh row of the table above.
Income tax on a ₹11 lakh salary
On ₹11,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹1,32,600 under the old regime with nothing claimed, which draws level only once other deductions reach ₹5,50,000. The full slab-by-slab working is linked from the ₹11 lakh row of the table above.
Income tax on a ₹12 lakh salary
On ₹12,00,000 of gross salary, income tax in FY 2026-27 is nil under the new regime, against ₹1,63,800 under the old regime with nothing claimed, which draws level only once other deductions reach ₹6,50,000. The full slab-by-slab working is linked from the ₹12 lakh row of the table above.
Income tax on a ₹13 lakh salary
On ₹13,00,000 of gross salary, income tax in FY 2026-27 is ₹26,000 under the new regime, about ₹2,167 a month in TDS, against ₹1,95,000 under the old regime with nothing claimed, which draws level only once other deductions reach ₹6,88,000. The full slab-by-slab working is linked from the ₹13 lakh row of the table above.
Income tax on a ₹14 lakh salary
On ₹14,00,000 of gross salary, income tax in FY 2026-27 is ₹81,900 under the new regime, about ₹6,825 a month in TDS, against ₹2,26,200 under the old regime with nothing claimed, which draws level only once other deductions reach ₹5,19,000. The full slab-by-slab working is linked from the ₹14 lakh row of the table above.
Income tax on a ₹15 lakh salary
On ₹15,00,000 of gross salary, income tax in FY 2026-27 is ₹97,500 under the new regime, about ₹8,125 a month in TDS, against ₹2,57,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹5,44,000. The full slab-by-slab working is linked from the ₹15 lakh row of the table above.
Income tax on a ₹16 lakh salary
On ₹16,00,000 of gross salary, income tax in FY 2026-27 is ₹1,13,100 under the new regime, about ₹9,425 a month in TDS, against ₹2,88,600 under the old regime with nothing claimed, which draws level only once other deductions reach ₹5,69,000. The full slab-by-slab working is linked from the ₹16 lakh row of the table above.
Income tax on a ₹18 lakh salary
On ₹18,00,000 of gross salary, income tax in FY 2026-27 is ₹1,50,800 under the new regime, about ₹12,567 a month in TDS, against ₹3,51,000 under the old regime with nothing claimed, which draws level only once other deductions reach ₹6,42,000. The full slab-by-slab working is linked from the ₹18 lakh row of the table above.
Income tax on a ₹20 lakh salary
On ₹20,00,000 of gross salary, income tax in FY 2026-27 is ₹1,92,400 under the new regime, about ₹16,033 a month in TDS, against ₹4,13,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹7,09,000. The full slab-by-slab working is linked from the ₹20 lakh row of the table above.
Income tax on a ₹25 lakh salary
On ₹25,00,000 of gross salary, income tax in FY 2026-27 is ₹3,19,800 under the new regime, about ₹26,650 a month in TDS, against ₹5,69,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹8,00,000. The full slab-by-slab working is linked from the ₹25 lakh row of the table above.
Income tax on a ₹30 lakh salary
On ₹30,00,000 of gross salary, income tax in FY 2026-27 is ₹4,75,800 under the new regime, about ₹39,650 a month in TDS, against ₹7,25,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹8,00,000. The full slab-by-slab working is linked from the ₹30 lakh row of the table above.
Income tax on a ₹40 lakh salary
On ₹40,00,000 of gross salary, income tax in FY 2026-27 is ₹7,87,800 under the new regime, about ₹65,650 a month in TDS, against ₹10,37,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹8,00,000. The full slab-by-slab working is linked from the ₹40 lakh row of the table above.
Income tax on a ₹50 lakh salary
On ₹50,00,000 of gross salary, income tax in FY 2026-27 is ₹10,99,800 under the new regime, about ₹91,650 a month in TDS, against ₹13,49,400 under the old regime with nothing claimed, which draws level only once other deductions reach ₹8,00,000. The full slab-by-slab working is linked from the ₹50 lakh row of the table above.
Frequently asked questions
Up to what salary is there no income tax in FY 2026-27?
₹12,75,000 of gross salary under the new regime, for a resident below 60 with no other income: the ₹75,000 standard deduction brings taxable income to ₹12,00,000, which the Section 87A rebate fully covers.
How much income tax on a ₹15 lakh salary?
₹97,500 under the new regime and ₹2,57,400 under the old regime with nothing claimed beyond the standard deduction.
How much income tax on a ₹20 lakh salary?
₹1,92,400 under the new regime, about ₹16,033 a month in TDS, and ₹4,13,400 under the old regime with nothing claimed.
Is the table for gross salary or CTC?
Gross salary. CTC also includes the employer’s provident fund, so the same figure as CTC means a lower gross and less tax; the in-hand salary table works from CTC instead.
Related
- Old vs new tax regime calculator →
- Is a ₹12 lakh salary really tax-free? →
- Old vs new tax regime — which is better for me? →
- In-hand salary at every CTC from 3 LPA to 50 LPA →
Keep reading
Last updated 2026-10-12. Figures reflect FY 2026-27 and are educational estimates, not advice. Muktify is not SEBI-registered and never recommends or ranks any instrument.
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