UtilSpot
🇮🇳Uses Indian IT Act slabs, FY 2025-26 — not applicable outside India

Income Tax on ₹20 LPA — When Does Old Regime Win?

How much tax on ₹20 LPA? Compare new vs old regime with full deduction breakdown.

New Regime saves you more

₹1,66,400

per year  ·  ₹13,867 more every month

Switch to

New Regime

Income Details

₹1L₹1Cr

Salary / business income before deductions

yrs

FY 2025-26 Tax Comparison

Monthly In-Hand Salary

New Regime

₹1,50,633

/month

Old Regime

₹1,36,767

/month

₹13,866 more per month with New Regime

✓ Winner

New Tax Regime

₹75K std. deduction · no other deductions

Taxable Income₹19.25 L
Income Tax₹1.85 L

Total Tax

₹1,92,400

9.6% effective rate

Old Tax Regime

HRA + 80C + 80D + NPS + 24b

Taxable Income₹17.75 L
Income Tax₹3.45 L

Total Tax

₹3,58,800

17.9% effective rate

Tax Comparison

New Regime₹1,92,400
Old Regime₹3,58,800

New Regime Rate

9.6%

Old Regime Rate

17.9%

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