TY 2026-27 · new regime default · salaried
How much tax on a ₹12 lakh salary?
A ₹12 lakh annual salary pays, under the new regime,
₹00.0% effective · ₹0/month
Zero.With the ₹75,000 standard deduction, taxable income stays inside the ₹12,00,000 rebate ceiling, so there's nothing to pay.
The slab-wise working
| Band | Rate | Tax |
|---|---|---|
| ₹0 – ₹4L | 0% | ₹0 |
| ₹4L – ₹8L | 5% | ₹20,000 |
| ₹8L – ₹12L | 10% | ₹32,500 |
| Rebate (Sec 156) | − ₹52,500 | |
| Health & education cess (4%) | + ₹0 | |
| Total | ₹0 |
Assumes salary income only, the standard deduction, and no other adjustments. Your own picture (deductions, HRA, capital gains) belongs in the full calculator, prefilled with ₹12 lakh.
Questions people ask
How much tax on a ₹12 lakh salary in 2026?
₹0 for TY 2026-27 under the default new regime, assuming the ₹75,000 standard deduction and no other adjustments. That's an effective rate of 0.0%, or roughly ₹0 deducted each month.
What is the in-hand salary for ₹12 lakh per year?
About ₹1,00,000 a month after income tax (₹1,00,000 gross monthly minus ₹0 tax). EPF, professional tax and other deductions reduce it further; those depend on your employer's structure.
Is the old regime better at ₹12 lakh?
Not without deductions: at zero deductions the old regime charges ₹1,63,800 against the new regime's ₹0. With enough 80C/80D/HRA/home-loan deductions the gap can close; the regime comparison page shows the exact break-even.