At ₹1 crore, the applicable surcharge is 10% and roughly three in every ten rupees of your package goes to tax.
Corrected 29 August 2026. An earlier version of this page excluded target variable pay from both received cash and taxable salary, which understated income tax. Figures are recalculated under model PS-A3. What changed →
Short answer: on a ₹1 Crore gross salary you pay ₹29.26 L in income tax under the new regime for Tax Year 2026-27 and FY 2026-27 — an effective 29.3% of gross, or about ₹2.44 L deducted as TDS each month.
New tax regime, Tax Year 2026-27 and FY 2026-27 · Rates and slabs are indicative, as of August 2026
New regime tax is ₹29.26 L — an effective 29.3% of gross, including the 10% surcharge, because taxable income of ₹99,25,000 does not exceed ₹1 crore. Take-home is about ₹70.74 L.
The surcharge is levied on the tax, not the income, which is why the effective rate climbs so sharply across this threshold. Marginal relief applies at the boundary and stops the immediate crossing from being punitive, but the underlying rate is now materially higher than at ₹50 lakh.
A ₹1 lakh raise from here nets you about ₹48,260.
Deductions are irrelevant — the entire 80C basket is a rounding error against this tax bill, and the old regime is unreachable by any combination of them.
What does matter is structural, and largely outside what a website can advise on: how compensation is split between salary, ESOPs and deferred components; the timing of stock option exercise, which is taxed as perquisite at exercise and again as capital gains at sale; and whether income can legitimately sit in a different entity.
We will say this plainly because we have nothing to sell you: at this income, a fee-only chartered accountant is worth several times what they cost, and the difference between a fee-only adviser and a commission-earning distributor matters more here than anywhere else on this site.
| Step | Amount |
|---|---|
| Gross salary | ₹1,00,00,000 |
| Standard deduction (s.19(1) Table Sl. No. 2) | −₹75,000 |
| Taxable income | ₹99,25,000 |
| Slab tax (s.202) | ₹25,57,500 |
| Surcharge rate | 10% |
| Surcharge | ₹2,55,750 |
| Health and education cess (4%) | ₹1,12,530 |
| Total income tax | ₹29,25,780 |
| Gross salary after income tax | ₹70,74,220 |
This page starts from gross salary, not CTC. It shows income tax only — provident fund, professional tax and other payroll deductions are separate and excluded.
| Gross salary | Income tax | Effective rate | After income tax |
|---|---|---|---|
| ₹5 Lakh | ₹0 | 0.0% | ₹5.00 L |
| ₹7 Lakh | ₹0 | 0.0% | ₹7.00 L |
| ₹10 Lakh | ₹0 | 0.0% | ₹10.00 L |
| ₹12 Lakh | ₹0 | 0.0% | ₹12.00 L |
| ₹15 Lakh | ₹97,500 | 6.5% | ₹14.03 L |
| ₹20 Lakh | ₹1.92 L | 9.6% | ₹18.08 L |
| ₹25 Lakh | ₹3.20 L | 12.8% | ₹21.80 L |
| ₹30 Lakh | ₹4.76 L | 15.9% | ₹25.24 L |
| ₹50 Lakh | ₹11.00 L | 22.0% | ₹39.00 L |
| ₹1 Crore | ₹29.26 L | 29.3% | ₹70.74 L |
New regime, Tax Year 2026-27 and FY 2026-27. Includes the ₹75,000 standard deduction, Section 156(2)(a) rebate, marginal relief, surcharge and 4% cess. Excludes professional tax and employee PF, which are deducted separately.
On a gross salary of ₹1 Crore, income tax under the new regime for Tax Year 2026-27 and FY 2026-27 is approximately ₹29.26 L including 4% cess and surcharge. Taxable income after the ₹75,000 standard deduction is ₹99.25 L.
The new regime, unless your total deductions exceed roughly ₹8.00 L a year. Below that threshold the new regime pays less tax. The Income Tax Department publishes an official comparison calculator.
After income tax of ₹29.26 L, roughly ₹70.74 L of your gross salary remains. Note this is gross salary, not CTC — employer PF, the gratuity provision and A target variable component may be paid separately. Any amount actually paid is salary cash and is taxable in that year., and employee PF and professional tax are deducted separately.
Yes. The ₹75,000 standard deduction is available under the new regime for salaried taxpayers and pensioners, and is applied automatically by your employer. You do not claim it.
Related: Income Tax Calculator · Salary Calculator · Old vs New Regime · Section 80C Guide · All salary levels
A note on section numbers. The Income-tax Act, 2025 replaced the Income-tax Act, 1961 with effect from 1 April 2026. Section numbers on this page are those of the 2025 Act. Where you know a provision by its old number, the mapping is: 115BAC → 202, 87A → 156, 16(ia) → 19, 80CCD(2) → 124, 112A → 198, 10(10) → 19(1) Table Sl. Nos. 3-6.
The official pages this page is checked against. If one of them disagrees with us, it wins.
Written and checked by the PaisaSamajh editorial desk · Last reviewed: 24 August 2026 · How we check this →