Old vs New Tax Regime for Rs. 8 Lakh Income
FY $2026-27 comparison - Which regime saves you more tax?
New Regime Tax
Rs. 0
Std ded Rs. 75k + 87A rebate
Better for youOld Regime Tax
Rs. 16,120
With typical Rs. 2.35 lakh deductions
Annual saving
Rs. 16,120
by choosing New Regime
Typical deductions assumed for old regime
Need total deductions above ~Rs. 1 lakh for old regime to win at this income
Customize with your actual deductions
₹8.00 L
Old regime deductions (irrelevant in new regime)
New Regime
₹0
Effective rate: 0.00%
Old Regime
₹0
Effective rate: 0.00%
Both regimes result in the same tax for your income and deductions.
FAQs - Rs. 8 Lakh Tax Regime
Which tax regime is better for Rs. 8 Lakh salary in FY 2026-27?▾
For Rs. 8 Lakh gross income in FY 2026-27: New regime tax = Rs. 0 (with Rs. 75,000 standard deduction and 87A rebate if applicable). Old regime tax = Rs. 16,120 (with typical deductions of Rs. 2.35 lakh including 80C + HRA + 80D). New regime saves Rs. 16,120. At Rs. 8L income, the 87A rebate makes new regime very attractive. Old regime wins only with large HRA + 80C.
What deductions are needed for old regime to beat new regime at Rs. 8 Lakh?▾
Need total deductions above ~Rs. 1 lakh for old regime to win at this income
What is the income tax on Rs. 8 Lakh in new regime?▾
New regime tax on Rs. 8 Lakh gross income (FY 2026-27): Standard deduction Rs. 75,000 reduces taxable income to Rs. 7.25 lakh. Tax calculated on progressive slabs (0%/5%/10%/15%/20%/25%/30% in Rs. 4 lakh brackets). 87A rebate of Rs. 60,000 applies if taxable income is Rs. 12 lakh or less. 4% health and education cess on final tax. Total tax payable: Rs. 0.