FY 2025–26 & 2026–27
FY 2025–26 & FY 2026–27 Tax Slabs

Income Tax on ₹7.5 Lakh Salary (New vs Old Regime)

Complete tax ledger, deduction breakdown, and monthly TDS computation for an annual income of ₹7,50,000.

New Tax Regime Recommended
₹0 total tax

Monthly TDS deduction: ₹0/mo

Standard Deduction §16(ia) − ₹75,000
Taxable Income ₹6,75,000
Rebate u/s 87A − ₹18,750
Health & Education Cess (4%) ₹0
Old Tax Regime Without Deductions
₹54,600 total tax

Monthly TDS deduction: ₹4,550/mo

Tax Savings Verdict: Choosing the New Tax Regime saves you ₹54,600 annually on a ₹7.5 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% ₹3,75,000 ₹18,750
Financial Planning Suite

Plan Your Next Financial Milestone

Contextual projections modeled directly on your monthly take-home salary.

Check income tax for other salary levels: