Tag Archives: Tax on 15 lakh income in new regime

Tax on 15 lakh income in new regime AY 2026-27

By | March 29, 2026

Tax on 15 lakh income in new regime ay 2026-27 For Assessment Year (AY) 2026-27 (Financial Year 2025-26), the total tax on an income of ₹15 lakh (salary Income_  under the new regime is ₹97,500 (including 4% health and education cess). This calculation assumes salaried individual eligible for the ₹75,000 standard deduction. Tax Calculation Breakdown… Read More »