On a salary of ₹14.5 lakh in FY 2026-27 (AY 2027-28), you pay ₹89,700 under the New regime versus ₹2,41,800 under the Old regime (standard deduction only). The New regime saves you ₹1,52,100. The Old regime becomes cheaper only if your total deductions - 80C + 80D + NPS + home-loan interest + HRA combined - exceed ₹5,31,227.
₹14.5 lakh salary - tax at a glance
| Particulars | Amount |
|---|---|
| Gross salary | ₹14,50,000 |
| Tax - New regime (incl. cess) | ₹89,700 |
| Tax - Old regime, standard deduction only | ₹2,41,800 |
| Recommended regime | New (saves ₹1,52,100) |
| Break-even deduction (Old beats New above this) | ₹5,31,227 |
| Monthly in-hand (New regime) | ₹1,13,358 |
How the tax is calculated (New regime)
Taxable income after the ₹75,000 standard deduction = ₹13,75,000. It falls into these slabs:
| Slab · rate | Tax |
|---|---|
| Up to ₹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 – ₹13,75,000 · 15% | ₹26,250 |
| Tax on slabs | ₹86,250 |
| Health & Education cess (4%) | ₹3,450 |
| Total tax (New regime) | ₹89,700 |
Should you pick the Old or New regime at ₹14.5 lakh?
For most salaried people at ₹14.5 lakh the new regime wins because reaching ₹5,31,227 in deductions needs a home loan plus rent plus a maxed 80C - uncommon without a housing EMI. If you have all of those, run your exact figures below.
Your real tax depends on your 80C, HRA, NPS and home-loan interest. Add them and compare both regimes in seconds.
Calculate your exact tax →