📅 FY 2026-27 (AY 2027-28)
Income Tax on 17 LPA — 2026-27
On a 17 LPA salary (gross ~₹16,27,332), you pay ₹1,17,364/year (₹9,780/month) income tax under the new regime for FY 2026-27 (AY 2027-28). Effective tax rate: 7.2%.
💚
₹1,17,364
New Regime Tax
7.2% effective
🟠
₹2,97,128
Old Regime Tax
18.3% effective
📅
₹9,780
Monthly TDS
new regime
🏆
New ✓
Better Regime
saves ₹1,79,764/yr
Annual Income Details
FY 2026-27 (AY 2027-28)₹
Enter your gross annual salary / total income
Monthly equivalent
₹1,35,611/month
✅ New Tax Regime is better for you
You save ₹1,25,164 per year by choosing the new regime.
New Regime
✓ BetterGross Income₹16,27,332
Standard Deduction− ₹75,000
Taxable Income₹15,52,332
Tax on Slabs₹1,12,850
Rebate u/s 87ANil
SurchargeNil
Health & Ed. Cess (4%)₹4,514
Total Tax₹1,17,364
Effective rate7.2%
Monthly tax₹9,780/mo
Old Regime
Gross Income₹16,27,332
Standard Deduction− ₹50,000
Other Deductions− ₹1,75,000
Taxable Income₹14,02,332
Tax on Slabs₹2,33,200
Rebate u/s 87ANil
Health & Ed. Cess (4%)₹9,328
Total Tax₹2,42,528
Effective rate14.9%
Monthly tax₹20,211/mo
Tax Comparison Chart
New Regime Tax₹1,17,364
Old Regime Tax₹2,42,528
15%
Your Annual Income₹16,27,332
100%
New Regime — Slab Breakdown
| Income Slab | Rate | Tax |
|---|---|---|
| 0 – 4,00,000 | 0% | ₹0 |
| 4,00,000 – 8,00,000 | 5% | ₹20,000 |
| 8,00,000 – 12,00,000 | 10% | ₹40,000 |
| 12,00,000 – 16,00,000 | 15% | ₹52,850 |
| 16,00,000 – 20,00,000 | 20% | — |
| 20,00,000 – 24,00,000 | 25% | — |
| 24,00,000 – above | 30% | — |
Old Regime — Slab Breakdown
| Income Slab | Rate | Tax |
|---|---|---|
| 0 – 2,50,000 | 0% | ₹0 |
| 2,50,000 – 5,00,000 | 5% | ₹12,500 |
| 5,00,000 – 10,00,000 | 20% | ₹1,00,000 |
| 10,00,000 – above | 30% | ₹1,20,700 |
Monthly TDS Deduction
New Regime — Monthly TDS
₹9,780
per month deducted from salary
Old Regime — Monthly TDS
₹20,211
per month deducted from salary
Reduce your tax on 17 LPA
See exactly which deductions will save you the most tax at this salary level.