Income Tax Calculator for ₹1 Lakh Salary
Calculate your tax liability under both old and new tax regimes for FY 2025-26. With income below ₹4 lakh, you pay zero tax!
Your Salary Details
₹
₹
₹
₹
Deductions (Old Regime)
₹
₹
₹
₹
₹
New Regime Tax
₹0
Lower slabs + ₹75k standard deduction
Old Regime Tax
₹0
With all deductions
Tax Savings
₹0
New regime is better
Better Regime
old
Based on your deductions
Detailed Breakdown
New Tax Regime
Gross Salary: ₹1,00,000
Standard Deduction: ₹75,000
Taxable Income: ₹25,000
Tax: ₹0
Cess (4%): ₹0
Total Tax: ₹0
Old Tax Regime
Gross Salary: ₹1,00,000
HRA Exemption: ₹0
Standard Deduction: ₹50,000
Total Deductions: ₹50,000
Taxable Income: ₹50,000
Total Tax: ₹0
How to Use This Calculator
- 1. Your gross salary of ₹1,00,000 is pre-filled. Adjust if needed.
- 2. Under New Regime: Taxable = ₹1,00,000 - ₹75,000 (Standard Deduction) = ₹25,000 = ₹0 Tax
- 3. Under Old Regime: Taxable = ₹1,00,000 - ₹50,000 (Standard Deduction) = ₹50,000 = ₹0 Tax
- 4. Both regimes give you zero tax. No action needed!
Frequently Asked Questions
Updated: April 2026