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Income tax on ₹1 crore salary (FY 2026-27)
New regime
₹29,25,780
₹2,43,815 a month · 29.3% of salary
Old regime, ₹1.5 lakh 80C
₹31,48,860
₹2,62,405 a month
On a gross salary of ₹1,00,00,000, the old regime is cheaper only if your deductions and exemptions are more than about ₹8,00,000.
New regime working
| Gross salary | ₹1,00,00,000 |
|---|---|
| Standard deduction | − ₹75,000 |
| Taxable income | ₹99,25,000 |
| Slab | Rate | Tax |
|---|---|---|
| ₹0–4 lakh | 0% | ₹0 |
| ₹4–8 lakh | 5% | ₹20,000 |
| ₹8–12 lakh | 10% | ₹40,000 |
| ₹12–16 lakh | 15% | ₹60,000 |
| ₹16–20 lakh | 20% | ₹80,000 |
| ₹20–24 lakh | 25% | ₹1,00,000 |
| ₹24–99.25 lakh | 30% | ₹22,57,500 |
| Tax on slabs | ₹25,57,500 |
|---|---|
| Surcharge (10%) | ₹2,55,750 |
| Cess (4%) | ₹1,12,530 |
| Total tax | ₹29,25,780 |
Old regime with different deductions
Deductions here mean 80C, 80D, HRA exemption, home loan interest and the like, on top of the ₹50,000 standard deduction.
| Deductions | Taxable income | Tax | vs new regime |
|---|---|---|---|
| ₹0 | ₹99,50,000 | ₹32,00,340 | costs ₹2,74,560 more |
| ₹1,50,000 | ₹98,00,000 | ₹31,48,860 | costs ₹2,23,080 more |
| ₹2,50,000 | ₹97,00,000 | ₹31,14,540 | costs ₹1,88,760 more |
| ₹3,75,000 | ₹95,75,000 | ₹30,71,640 | costs ₹1,45,860 more |
| ₹5,00,000 | ₹94,50,000 | ₹30,28,740 | costs ₹1,02,960 more |
Calculate with your own deductions
Frequently asked questions
How much tax do I pay on ₹1 crore salary?
₹29,25,780 for the year under the new regime in FY 2026-27, including 4% cess. Under the old regime with ₹1.5 lakh of 80C deductions, it is ₹31,48,860.