INCOME TAX ON ₹21 LAKH · SALARIED · NEW REGIME · FY 2025-26
NEW REGIME (DEFAULT)
₹2,14,500
EFFECTIVE RATE
10.21%
MONTHLY TAKE-HOME
₹1,57,125
OLD REGIME (NO EXTRA DEDUCTIONS)
₹4,44,600
EFFECTIVE RATE
21.17%
MONTHLY TAKE-HOME
₹1,37,950
✅ New Regime saves ₹2,30,100/year (₹19,175/month) vs Old Regime with no deductions
NEW REGIME — SLAB BREAKDOWN (₹21L SALARIED)
| Slab | Rate | Taxable Amt | Tax |
|---|---|---|---|
| Standard deduction | — | −75,000 | — |
| Up to Rs.4L | 0% | ₹4,00,000 | Nil |
| Rs.4L - Rs.8L | 5% | ₹4,00,000 | ₹20,000 |
| Rs.8L - Rs.12L | 10% | ₹4,00,000 | ₹40,000 |
| Rs.12L - Rs.16L | 15% | ₹4,00,000 | ₹60,000 |
| Rs.16L - Rs.20L | 20% | ₹4,00,000 | ₹80,000 |
| Rs.20L - Rs.24L | 25% | ₹25,000 | ₹6,250 |
| Above Rs.24L | 30% | Nil | Nil |
| TOTAL TAX (incl. 4% cess) | ₹2,14,500 | ||
KEY FACTS — ₹21L SALARY (NEW REGIME)
GROSS SALARY
₹21,00,000
STANDARD DEDUCTION
₹75,000
TAXABLE INCOME
₹20,25,000
TOTAL TAX
₹2,14,500
EFFECTIVE RATE
10.21%
MONTHLY TAKE-HOME
₹1,57,125
NEW vs OLD — ₹21L (NO EXTRA DEDUCTIONS)
| New Regime | Old Regime | |
|---|---|---|
| Std deduction | ₹75,000 | ₹50,000 |
| Taxable income | ₹20,25,000 | ₹20,50,000 |
| Total tax | ₹2,14,500 | ₹4,44,600 |
| Effective rate | 10.21% | 21.17% |
| Monthly take-home | ₹1,57,125 | ₹1,37,950 |
New Regime saves ₹2,30,100/year with no deductions.
→ Calculate with YOUR deductions — New vs Old ComparisonIncome tax on ₹21 lakh salary · New Regime FY 2025-26 · Salaried · Std deduction ₹75,000 · Total tax Rs.214,500 · Eff. rate 10.21% · Budget 2025