📅 FY 2026-27 (AY 2027-28)
Income Tax on 20 LPA — 2026-27
On a 20 LPA salary (gross ~₹19,17,156), you pay ₹1,75,168/year (₹14,597/month) income tax under the new regime for FY 2026-27 (AY 2027-28). Effective tax rate: 9.1%.
💚
₹1,75,168
New Regime Tax
9.1% effective
🟠
₹3,87,553
Old Regime Tax
20.2% effective
📅
₹14,597
Monthly TDS
new regime
🏆
New ✓
Better Regime
saves ₹2,12,385/yr
Annual Income Details
FY 2026-27 (AY 2027-28)₹
Enter your gross annual salary / total income
Monthly equivalent
₹1,59,763/month
✅ New Tax Regime is better for you
You save ₹1,57,785 per year by choosing the new regime.
New Regime
✓ BetterGross Income₹19,17,156
Standard Deduction− ₹75,000
Taxable Income₹18,42,156
Tax on Slabs₹1,68,431
Rebate u/s 87ANil
SurchargeNil
Health & Ed. Cess (4%)₹6,737
Total Tax₹1,75,168
Effective rate9.1%
Monthly tax₹14,597/mo
Old Regime
Gross Income₹19,17,156
Standard Deduction− ₹50,000
Other Deductions− ₹1,75,000
Taxable Income₹16,92,156
Tax on Slabs₹3,20,147
Rebate u/s 87ANil
Health & Ed. Cess (4%)₹12,806
Total Tax₹3,32,953
Effective rate17.4%
Monthly tax₹27,746/mo
Tax Comparison Chart
New Regime Tax₹1,75,168
9%
Old Regime Tax₹3,32,953
17%
Your Annual Income₹19,17,156
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% | ₹60,000 |
| 16,00,000 – 20,00,000 | 20% | ₹48,431 |
| 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% | ₹2,07,647 |
Monthly TDS Deduction
New Regime — Monthly TDS
₹14,597
per month deducted from salary
Old Regime — Monthly TDS
₹27,746
per month deducted from salary
Reduce your tax on 20 LPA
See exactly which deductions will save you the most tax at this salary level.