INCOME TAX ON ₹15 LAKH SALARY — FY 2025-26 (AY 2026-27)

INCOME TAX ON ₹15 LAKH · SALARIED · NEW REGIME · FY 2025-26

NEW REGIME (DEFAULT)

₹97,500

EFFECTIVE RATE

6.50%

MONTHLY TAKE-HOME

₹1,16,875

OLD REGIME (NO EXTRA DEDUCTIONS)

₹2,57,400

EFFECTIVE RATE

17.16%

MONTHLY TAKE-HOME

₹1,03,550

✅ New Regime saves ₹1,59,900/year (₹13,325/month) vs Old Regime with no deductions

NEW REGIME — SLAB BREAKDOWN (₹15L SALARIED)

SlabRateTaxable AmtTax
Standard deduction−75,000
Up to Rs.4L0%₹4,00,000Nil
Rs.4L - Rs.8L5%₹4,00,000₹20,000
Rs.8L - Rs.12L10%₹4,00,000₹40,000
Rs.12L - Rs.16L15%₹2,25,000₹33,750
Rs.16L - Rs.20L20%NilNil
Rs.20L - Rs.24L25%NilNil
Above Rs.24L30%NilNil
TOTAL TAX (incl. 4% cess)₹97,500

KEY FACTS — ₹15L SALARY (NEW REGIME)

GROSS SALARY

₹15,00,000

STANDARD DEDUCTION

₹75,000

TAXABLE INCOME

₹14,25,000

TOTAL TAX

₹97,500

EFFECTIVE RATE

6.50%

MONTHLY TAKE-HOME

₹1,16,875

NEW vs OLD — ₹15L (NO EXTRA DEDUCTIONS)

New RegimeOld Regime
Std deduction₹75,000₹50,000
Taxable income₹14,25,000₹14,50,000
Total tax₹97,500₹2,57,400
Effective rate6.50%17.16%
Monthly take-home₹1,16,875₹1,03,550

New Regime saves ₹1,59,900/year with no deductions.

→ Calculate with YOUR deductions — New vs Old Comparison
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Income tax on ₹15 lakh salary · New Regime FY 2025-26 · Salaried · Std deduction ₹75,000 · Total tax Rs.97,500 · Eff. rate 6.5% · Budget 2025