Income Tax Calculator for ₹10 Lakh Salary
Calculate your tax liability under both old and new tax regimes for FY 2025-26. See exactly how much you can save.
Your Salary Details
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₹
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: ₹10,00,000
Standard Deduction: ₹75,000
Taxable Income: ₹9,25,000
Tax: ₹0
Cess (4%): ₹0
Total Tax: ₹0
Old Tax Regime
Gross Salary: ₹10,00,000
HRA Exemption: ₹2,00,000
Standard Deduction: ₹50,000
Total Deductions: ₹5,75,000
Taxable Income: ₹4,25,000
Total Tax: ₹0
How to Use This Calculator
- 1. Your gross salary of ₹10,00,000 is pre-filled. Adjust if needed.
- 2. Under New Regime: Taxable income = ₹10,00,000 - ₹75,000 = ₹9,25,000 → ~₹70,000 tax
- 3. Under Old Regime: With ₹2,50,000 deductions, taxable = ₹7,50,000 → ~₹60,000 tax
- 4. Compare both regimes to see which saves you more money.
Frequently Asked Questions
Updated: April 2026