Income Tax on ₹10,00,000 Salary — New Regime FY 2025-26

Last updated:

Quick Answer

No income tax is payable on ₹10,00,000 salary under the new tax regime FY 2025-26. The 87A rebate covers all tax liability for incomes up to ₹12 lakh (after standard deduction of ₹75,000).

Want to adjust the values? Use the full Income Tax Calculator:

Try Income Tax Calculator

Standard deduction of ₹75,000 already available under new regime

Income Tax

₹1,05,000

Health & Education Cess (4%)

₹4,200

Total Tax Payable

₹1,09,200

Effective Tax Rate

7.28%

New Regime Tax Slabs (FY 2025-26)

Income RangeTax Rate
₹0 – ₹4LNil
₹4L – ₹8L5%
₹8L – ₹12L10%
₹12L – ₹16L15%
₹16L – ₹20L20%
₹20L – ₹24L25%
Above ₹24L30%

Frequently Asked Questions

How much income tax do I pay on ₹10,00,000 salary under new regime?

Under the new tax regime FY 2025-26 with standard deduction of ₹75,000, income tax on ₹10,00,000 is ₹0 (including 4% cess). The 87A rebate makes this zero since taxable income is below ₹12L.

New regime vs old regime — which is better for ₹10,00,000 salary?

Under old regime (assuming maximum 80C ₹1.5L + standard deduction ₹50K), tax is ₹75,400. Under new regime it is ₹0. New regime saves you ₹75,400 annually.

Related Queries