FY 2025–26 & FY 2026–27 Tax Slabs
Income Tax on ₹5 Lakh Salary (New vs Old Regime)
Complete tax ledger, deduction breakdown, and monthly TDS computation for an annual income of ₹5,00,000.
New Tax Regime Recommended
₹0 total tax
Monthly TDS deduction: ₹0/mo
Standard Deduction §16(ia) − ₹75,000
Taxable Income ₹4,25,000
Rebate u/s 87A − ₹6,250
Health & Education Cess (4%) ₹0
Old Tax Regime Without Deductions
₹0 total tax
Monthly TDS deduction: ₹0/mo
Tax Savings Verdict: Choosing the New Tax Regime saves you ₹0 annually on a ₹5 Lakh income!
Slab-wise Tax Computation (New Regime)
| Slab Bracket | Tax Rate | Taxable in Bracket | Tax Amount |
|---|---|---|---|
| ₹1 – ₹3,00,000 | 0% | ₹3,00,000 | ₹0 |
| ₹3,00,001 – ₹7,00,000 | 5% | ₹1,25,000 | ₹6,250 |
Financial Planning Suite
Plan Your Next Financial Milestone
Contextual projections modeled directly on your monthly take-home salary.
Home Loan Affordability
Based on your take-home, you could qualify for up to ₹24 Lakhs in home loan. See how prepaying saves ₹10L+ interest.
Standard 50% FOIR Loan EMI Tool
Step-Up SIP Compounder
Investing 20% (₹8,333/mo) with a 10% annual increment can build long-term financial independence.
12% Assumed CAGR Wealth Tool
Salary Hike & Appraisal
Evaluating a 20%, 30%, or 50% job offer jump? Find out exactly how much net cash increases in your bank account after tax.
Offer Comparator Hike Tool