- Gross salary
- ₹8,00,000
- Tax, new regime
- ₹0
- Tax, old regime (₹2 lakh deductions)
- ₹23,400
- Better choice
- New regime
- Monthly tax (new regime)
- ₹0
How it is worked out
New regime: ₹8 lakh minus the ₹75,000 standard deduction gives taxable income of ₹7,25,000. Slab tax is ₹16,250, the 87A rebate takes off ₹16,250, and 4% cess adds ₹0.