# Income Tax on 10 Lakh Salary FY 2026-27: Zero in New Regime > Income tax on 10 lakh salary in FY 2026-27 is zero in the new regime, thanks to the 87A rebate. See the old regime figure, in-hand pay and the breakdown. Source: https://trykosh.com/tools/income-tax-on-10-lakh-salary Free tool - Income tax # Income tax on a INR 10 lakh salary in FY 2026-27 On a INR 10 lakh salary you pay no income tax in the new regime. The calculator is preset to INR 10 lakh with typical old-regime deductions so you can compare. Rules checked 25 October 2026Free - no sign-upRuns in your browser New regime saves you INR 49,400 Tax: INR 0 a year, INR 0 a month New regime**INR 0** Old regime**INR 49,400** Effective rate**0%** Gross income INR 10,00,000 − Standard deduction INR 75,000 Taxable income INR 9,25,000 Tax on slabs INR 32,500 − Rebate (87A) INR 32,500 \+ Health & education cess (4%) INR 0 Total tax INR 0 Side by side New regime Old regime Gross income INR 10,00,000 INR 10,00,000 Deductions INR 75,000 INR 3,25,000 Taxable income INR 9,25,000 INR 6,75,000 Tax on slabs INR 32,500 INR 47,500 Rebate (87A) INR 32,500 INR 0 Surcharge INR 0 INR 0 Cess (4%) INR 0 INR 1,900 Total tax INR 0 INR 49,400 Marginal rate 0% 20% The new regime is the default: you don't need to do anything to get it. ## Upload your statement and Kosh does this for you. Upload a bank statement or salary slip and Kosh works out your tax under both regimes from your real numbers, finds the deductions you're missing and reminds you before every deadline. [Start free](/signup?via=tool-income-tax-on-10-lakh-salary) ## How the tax on INR 10 lakh salary works A INR 10 lakh gross salary becomes INR 9.25 lakh of taxable income after the INR 75,000 standard deduction. Slab tax on that is INR 32,500 (5% of INR 4 lakh plus 10% of INR 1.25 lakh), and the 87A rebate cancels all of it. Tax: nil. In the old regime, even with typical deductions (INR 1.5 lakh 80C, INR 25,000 health insurance and HRA on INR 12,500 a month rent), taxable income stays around INR 6.75 lakh and the tax is about INR 49,400. There's no realistic set of deductions that beats zero. If your INR 10 lakh is CTC rather than gross salary, your gross is lower still (after employer PF and gratuity), and you pay no tax either way. Expect around INR 71,000 a month in hand with PF on full basic. ## Worked example: Asha maxes every old-regime deduction Asha earns INR 10 lakh and pays INR 20,000 a month in rent. Her HRA exemption is INR 1.9 lakh and she fills 80C and 80D, cutting old-regime taxable income to INR 5.85 lakh. She'd still pay INR 30,680 in the old regime, against nothing in the new. New regime saves you INR 30,680 Tax: INR 0 a year, INR 0 a month New regime**INR 0** Old regime**INR 30,680** Effective rate**0%** Gross income INR 10,00,000 − Standard deduction INR 75,000 Taxable income INR 9,25,000 Tax on slabs INR 32,500 − Rebate (87A) INR 32,500 \+ Health & education cess (4%) INR 0 Total tax INR 0 The new regime is the default: you don't need to do anything to get it. [Load this example into the calculator ->](?rent=240000#calculator) ## Good to know - Choose the new regime with your employer at the start of the year so no TDS is deducted. - You still need to file an ITR if your gross income is above the basic exemption limit, even when the tax is nil. - Interest, rent or capital gains on top of salary can push taxable income above INR 12 lakh; add them in the calculator. ## Frequently asked questions How much tax do I pay on a INR 10 lakh salary? Nothing in the new regime for FY 2026-27: taxable income of INR 9.25 lakh is under the INR 12 lakh rebate limit. In the old regime, with typical deductions, about INR 30,000 to INR 50,000. What is the in-hand salary for INR 10 lakh CTC? Around INR 71,000 a month if basic is half of CTC and PF is on full basic, since income tax is nil. If PF is on the INR 15,000 ceiling, closer to INR 76,000. Do I need to file an ITR if my tax is zero? Yes, if your gross total income exceeds the basic exemption limit (INR 4 lakh in the new regime). Filing also lets you claim back any TDS. ## Sources and assumptions - [Income Tax Department](https://www.incometax.gov.in/) - [Union Budget 2026-27](https://www.indiabudget.gov.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not a SEBI-registered investment adviser and does not offer personalised investment advice, hold your money or execute trades. Markets carry risk; read scheme documents carefully and consult a registered adviser before acting.