Income Tax Calculator for ₹3 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: ₹3,00,000
Standard Deduction: ₹75,000
Taxable Income: ₹2,25,000
Tax: ₹0
Total Tax: ₹0
Old Tax Regime
Gross Salary: ₹3,00,000
HRA Exemption: ₹0
Standard Deduction: ₹50,000
Total Deductions: ₹50,000
Taxable Income: ₹2,50,000
Total Tax: ₹0
How to Use This Calculator
- 1. Your gross salary of ₹3,00,000 is pre-filled. Adjust if needed.
- 2. Under New Regime: Taxable = ₹3L - ₹75k = ₹2.25L = ₹0 Tax (below ₹4L nil bracket)
- 3. Under Old Regime: Taxable = ₹3L - ₹50k = ₹2.5L = ~₹5,000 tax
- 4. New Regime saves approximately ₹5,000 in taxes.
Frequently Asked Questions
Updated: April 2026