Income Tax on ₹10 Lakh Salary (FY 2026-27)
Updated for FY 2026-27 · illustrative, not financial advice
Short answer: on a ₹10 lakh salary in FY 2026-27, income tax under the new regime is ₹0. After the ₹75,000 standard deduction your taxable income (₹9,25,000) is within the ₹12,00,000 Section 87A rebate, so you pay no tax.
New vs old regime on ₹10 lakh (no deductions)
| Regime | Taxable income | Income tax (incl. cess) |
|---|---|---|
| New regime | ₹9,25,000 | ₹0 |
| Old regime (no deductions) | ₹9,50,000 | ₹1,06,600 |
The old-regime figure assumes no deductions claimed. With large deductions (HRA, home-loan interest, full 80C) the old regime can come down. Compare old vs new with your actual numbers.
Already zero: what next?
You owe no income tax at this salary. You can still use the planner to see your take-home and how EPF/NPS build long-term savings, or read how the ₹12.75 lakh zero-tax line works.
Tax on other salaries
- Income tax on ₹12 lakh salary
- Income tax on ₹15 lakh salary
- Income tax on ₹20 lakh salary
- Income tax on ₹25 lakh salary
- Income tax on ₹30 lakh salary
- Income tax on ₹50 lakh salary
Frequently asked questions
- How much income tax on a ₹10 lakh salary in FY 2026-27?
- On a ₹10 lakh salary the new-regime income tax is ₹0. After the ₹75,000 standard deduction your taxable income (₹9,25,000) is within the ₹12,00,000 Section 87A rebate.
- Can I pay zero tax on ₹10 lakh?
- Yes. At ₹10 lakh your taxable income stays within the ₹12,00,000 rebate, so you pay no tax in the new regime.
- Old or new regime for a ₹10 lakh salary?
- With no deductions the new regime is cheaper here (₹0 vs ₹1,06,600 old). The old regime only wins if you claim large deductions like HRA, home-loan interest and full 80C.