Tax SlabsIncome tax on salary: ₹3 lakh to ₹1 crore, tax year 2026-27
The income tax for a year on common salary levels, for a resident salaried person below 60 with no other income. The standard deduction and 4% cess are included. Tap a salary to see its full working.
| Salary in the year | In words | New regime tax | A month | Share of salary | Old regime tax, no deductions |
|---|---|---|---|---|---|
| ₹3,00,000 | 3 lakh | ₹0 | ₹0 | 0.0% | ₹0 |
| ₹4,00,000 | 4 lakh | ₹0 | ₹0 | 0.0% | ₹0 |
| ₹5,00,000 | 5 lakh | ₹0 | ₹0 | 0.0% | ₹0 |
| ₹6,00,000 | 6 lakh | ₹0 | ₹0 | 0.0% | ₹23,400 |
| ₹7,00,000 | 7 lakh | ₹0 | ₹0 | 0.0% | ₹44,200 |
| ₹8,00,000 | 8 lakh | ₹0 | ₹0 | 0.0% | ₹65,000 |
| ₹9,00,000 | 9 lakh | ₹0 | ₹0 | 0.0% | ₹85,800 |
| ₹10,00,000 | 10 lakh | ₹0 | ₹0 | 0.0% | ₹1,06,600 |
| ₹11,00,000 | 11 lakh | ₹0 | ₹0 | 0.0% | ₹1,32,600 |
| ₹12,00,000 | 12 lakh | ₹0 | ₹0 | 0.0% | ₹1,63,800 |
| ₹12,75,000 | 12.75 lakh | ₹0 | ₹0 | 0.0% | ₹1,87,200 |
| ₹13,00,000 | 13 lakh | ₹26,000 | ₹2,167 | 2.0% | ₹1,95,000 |
| ₹14,00,000 | 14 lakh | ₹81,900 | ₹6,825 | 5.9% | ₹2,26,200 |
| ₹15,00,000 | 15 lakh | ₹97,500 | ₹8,125 | 6.5% | ₹2,57,400 |
| ₹16,00,000 | 16 lakh | ₹1,13,100 | ₹9,425 | 7.1% | ₹2,88,600 |
| ₹18,00,000 | 18 lakh | ₹1,50,800 | ₹12,567 | 8.4% | ₹3,51,000 |
| ₹20,00,000 | 20 lakh | ₹1,92,400 | ₹16,033 | 9.6% | ₹4,13,400 |
| ₹22,00,000 | 22 lakh | ₹2,40,500 | ₹20,042 | 10.9% | ₹4,75,800 |
| ₹25,00,000 | 25 lakh | ₹3,19,800 | ₹26,650 | 12.8% | ₹5,69,400 |
| ₹30,00,000 | 30 lakh | ₹4,75,800 | ₹39,650 | 15.9% | ₹7,25,400 |
| ₹35,00,000 | 35 lakh | ₹6,31,800 | ₹52,650 | 18.1% | ₹8,81,400 |
| ₹40,00,000 | 40 lakh | ₹7,87,800 | ₹65,650 | 19.7% | ₹10,37,400 |
| ₹50,00,000 | 50 lakh | ₹10,99,800 | ₹91,650 | 22.0% | ₹13,49,400 |
| ₹60,00,000 | 60 lakh | ₹15,52,980 | ₹1,29,415 | 25.9% | ₹18,27,540 |
| ₹75,00,000 | 75 lakh | ₹20,67,780 | ₹1,72,315 | 27.6% | ₹23,42,340 |
| ₹1,00,00,000 | 1 crore | ₹29,25,780 | ₹2,43,815 | 29.3% | ₹32,00,340 |
Reading the table
- Salary is the salary for the whole year before any deduction.
- New regime tax takes the standard deduction of ₹75,000 and the rebate into account. It is nil up to a salary of ₹12,75,000.
- Share of salary is the tax divided by the salary. It stays far below the top slab rate of 30%, because only the top slice of income is taxed at the top rate.
- Old regime tax here assumes only the standard deduction of ₹50,000. With 80C, health insurance, home loan interest or house rent allowance it would be lower: use the calculator.
- Above a salary of about ₹50 lakh a surcharge is added, which is why the tax rises faster there.
The "tax a month" figure is the yearly tax divided by 12. Employers deduct tax from salary in a similar way, spread over the months left in the year.
Sources
- Slabs of both regimes, surcharge and cess for tax year 2026-27: Memorandum explaining the provisions of the Finance Bill, 2026, Ministry of Finance (February 2026), which states that no change is proposed in these rates.
- The same rates, the rebate limits and the deduction limits for financial year 2025-26: Income Tax Department, e-filing portal help page "Salaried Individuals for AY 2026-27".
- Checked on 11 November 2026.
Rates checked on 11 November 2026 against the Finance Bill, 2026 memorandum and the Income Tax Department's e-filing help pages. Tax law changes with every Budget and has many special cases. This page is general information and arithmetic, not tax advice: confirm your own position at incometax.gov.in or with a tax professional.