Tax on ₹60L Salary — Old vs New Regime Comparison

Assessment Year 2026-27 (Financial Year 2025-26) • Updated September 2026 • Computed by TaxZen

Gross Salary: ₹60,00,000

New Regime saves you ₹2,74,560

New Regime Tax: ₹15,52,980 • Old Regime Tax: ₹18,27,540

Side-by-Side Comparison

ComponentNew RegimeOld Regime
Gross Salary₹60,00,000₹60,00,000
Standard Deduction(-) ₹75,000(-) ₹50,000
Taxable Income₹59,25,000₹59,50,000
Tax on Slabs₹13,57,500₹15,97,500
Rebate u/s 87A(-) ₹0(-) ₹0
Tax after Rebate₹13,57,500₹15,97,500
Surcharge₹1,35,750₹1,59,750
Health & Education Cess (4%)₹59,730₹70,290
Total Tax Payable₹15,52,980₹18,27,540
Effective Tax Rate25.88%30.46%

New Regime — Slab-by-Slab Breakdown

Income RangeRateTaxable AmountTax
₹0 — ₹4L0%₹4,00,000₹0
₹4L — ₹8L5%₹4,00,000₹20,000
₹8L — ₹12L10%₹4,00,000₹40,000
₹12L — ₹16L15%₹4,00,000₹60,000
₹16L — ₹20L20%₹4,00,000₹80,000
₹20L — ₹24L25%₹4,00,000₹1,00,000
Above ₹24L30%₹35,25,000₹10,57,500
Total Slab Tax₹13,57,500

Old Regime — Slab-by-Slab Breakdown

Income RangeRateTaxable AmountTax
₹0 — ₹2.5L0%₹2,50,000₹0
₹2.5L — ₹5L5%₹2,50,000₹12,500
₹5L — ₹10L20%₹5,00,000₹1,00,000
Above ₹10L30%₹49,50,000₹14,85,000
Total Slab Tax₹15,97,500

Key Takeaway

For a gross salary of ₹60,00,000, the New Regime is better, saving you ₹2,74,560 in taxes for AY 2026-27. The new regime's lower slab rates and higher standard deduction outweigh the loss of deductions.

This computation uses the latest tax slabs from the Union Budget applicable for AY 2026-27. TaxZen auto-updates when rates change — these numbers are always current.

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