# Income Tax on 15 Lakh Salary FY 2026-27: New vs Old Regime > Income tax on 15 lakh salary in FY 2026-27 is INR 97,500 in the new regime. Compare the old regime with HRA and 80C, see in-hand pay and when it wins. Source: https://trykosh.com/tools/income-tax-on-15-lakh-salary Free tool - Income tax # Income tax on a INR 15 lakh salary in FY 2026-27 A INR 15 lakh salary pays INR 97,500 in the new regime, about INR 8,125 a month. The old regime needs big deductions to beat it. Rules checked 25 October 2026Free - no sign-upRuns in your browser New regime saves you INR 58,500 Tax: INR 97,500 a year, INR 8,125 a month New regime**INR 97,500** Old regime**INR 1,56,000** Effective rate**6.5%** Gross income INR 15,00,000 − Standard deduction INR 75,000 Taxable income INR 14,25,000 Tax on slabs INR 93,750 \+ Health & education cess (4%) INR 3,750 Total tax INR 97,500 Side by side New regime Old regime Gross income INR 15,00,000 INR 15,00,000 Deductions INR 75,000 INR 3,75,000 Taxable income INR 14,25,000 INR 11,25,000 Tax on slabs INR 93,750 INR 1,50,000 Rebate (87A) INR 0 INR 0 Surcharge INR 0 INR 0 Cess (4%) INR 3,750 INR 6,000 Total tax INR 97,500 INR 1,56,000 Marginal rate 15% 30% 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-15-lakh-salary) ## How the tax on INR 15 lakh salary works Taxable income in the new regime is INR 14.25 lakh after the standard deduction. Slab tax: INR 20,000 on INR 4 to INR 8 lakh, INR 40,000 on INR 8 to INR 12 lakh and INR 33,750 on the next INR 2.25 lakh at 15%, which totals INR 93,750, plus 4% cess for INR 97,500. In the old regime with a typical INR 3.75 lakh of deductions (standard deduction, HRA, 80C and health insurance), taxable income is INR 11.25 lakh and the tax is INR 1,56,000. You'd need roughly INR 5.6 lakh of deductions to break even. If INR 15 lakh is your CTC, expect around INR 1 lakh a month in hand with PF on full basic, after about INR 78,000 of tax on your lower gross salary. ## Worked example: Meera rents in Bengaluru Meera pays INR 30,000 rent in Bengaluru, one of the eight 50% HRA cities from FY 2026-27. Her exemption is still INR 2.85 lakh, because rent minus 10% of basic is the lowest limit. With full 80C, INR 50,000 in NPS and a health policy, her old-regime tax is INR 1,04,520. The new regime still wins, at INR 97,500. New regime saves you INR 7,020 Tax: INR 97,500 a year, INR 8,125 a month New regime**INR 97,500** Old regime**INR 1,04,520** Effective rate**6.5%** Gross income INR 15,00,000 − Standard deduction INR 75,000 Taxable income INR 14,25,000 Tax on slabs INR 93,750 \+ Health & education cess (4%) INR 3,750 Total tax INR 97,500 The new regime is the default: you don't need to do anything to get it. [Load this example into the calculator ->](?rent=360000&metro=1&ccd1b=50000#calculator) ## Good to know - From FY 2026-27, Bengaluru, Hyderabad, Pune and Ahmedabad join Delhi, Mumbai, Kolkata and Chennai at the 50% HRA limit. If your exemption doesn't rise, the rent limit is the one holding it back. - At INR 15 lakh your marginal rate in the new regime is 15%, so INR 1 lakh of employer NPS saves INR 15,600. - A home loan with INR 2 lakh of interest can swing the comparison; check with your numbers. ## Frequently asked questions How much tax on INR 15 lakh salary in the new regime? INR 97,500 for FY 2026-27 including cess, from taxable income of INR 14.25 lakh. Is the old regime better for INR 15 lakh salary? Only if your deductions exceed about INR 5.6 lakh (including the INR 50,000 standard deduction). That usually requires high rent and a home loan or large NPS and 80D claims. What is the in-hand salary for INR 15 lakh CTC? About INR 1 lakh a month in the new regime, with basic at half of CTC and PF and gratuity inside CTC. ## 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.