Tax on ₹75L Salary — Old vs New Regime Comparison
Assessment Year 2026-27 (Financial Year 2025-26) • Updated September 2026 • Computed by TaxZen
Gross Salary: ₹75,00,000
New Regime saves you ₹2,74,560
New Regime Tax: ₹20,67,780 • Old Regime Tax: ₹23,42,340
Side-by-Side Comparison
| Component | New Regime | Old Regime |
|---|---|---|
| Gross Salary | ₹75,00,000 | ₹75,00,000 |
| Standard Deduction | (-) ₹75,000 | (-) ₹50,000 |
| Taxable Income | ₹74,25,000 | ₹74,50,000 |
| Tax on Slabs | ₹18,07,500 | ₹20,47,500 |
| Rebate u/s 87A | (-) ₹0 | (-) ₹0 |
| Tax after Rebate | ₹18,07,500 | ₹20,47,500 |
| Surcharge | ₹1,80,750 | ₹2,04,750 |
| Health & Education Cess (4%) | ₹79,530 | ₹90,090 |
| Total Tax Payable | ₹20,67,780 | ₹23,42,340 |
| Effective Tax Rate | 27.57% | 31.23% |
New Regime — Slab-by-Slab Breakdown
| Income Range | Rate | Taxable Amount | Tax |
|---|---|---|---|
| ₹0 — ₹4L | 0% | ₹4,00,000 | ₹0 |
| ₹4L — ₹8L | 5% | ₹4,00,000 | ₹20,000 |
| ₹8L — ₹12L | 10% | ₹4,00,000 | ₹40,000 |
| ₹12L — ₹16L | 15% | ₹4,00,000 | ₹60,000 |
| ₹16L — ₹20L | 20% | ₹4,00,000 | ₹80,000 |
| ₹20L — ₹24L | 25% | ₹4,00,000 | ₹1,00,000 |
| Above ₹24L | 30% | ₹50,25,000 | ₹15,07,500 |
| Total Slab Tax | ₹18,07,500 | ||
Old Regime — Slab-by-Slab Breakdown
| Income Range | Rate | Taxable Amount | Tax |
|---|---|---|---|
| ₹0 — ₹2.5L | 0% | ₹2,50,000 | ₹0 |
| ₹2.5L — ₹5L | 5% | ₹2,50,000 | ₹12,500 |
| ₹5L — ₹10L | 20% | ₹5,00,000 | ₹1,00,000 |
| Above ₹10L | 30% | ₹64,50,000 | ₹19,35,000 |
| Total Slab Tax | ₹20,47,500 | ||
Key Takeaway
For a gross salary of ₹75,00,000, 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.
Compute Your Exact Tax
This page shows a standard scenario. Your actual tax depends on HRA, home loan interest, 80D, NPS, and other deductions. Use TaxZen's free calculator for a precise computation with your real numbers — no sign-up needed, all computation runs in your browser.
Calculate Your Tax — Free →File ITR for free • Old vs New Regime Guide • All Tax Scenarios • About TaxZen