Enter total salary before any deductions. Standard deduction applied automatically.
Old Regime Deductions (not applicable in new regime)
PPF, ELSS, EPF, LIC, home loan principal — max ₹1.5 lakh
Health insurance premium — max ₹25,000 (self) or ₹50,000 (senior parents)
Use our HRA Calculator to find your exact exemption
80E (education loan), 80G (donations), NPS 80CCD(1B) etc.
Income Tax on ₹20 LPA — FY 2025-26
At ₹20 LPA, you are in the 20% slab under the new regime. Tax is approximately ₹1,04,000 (after ₹75K standard deduction, taxable = ₹19.25L). The old regime can significantly reduce this if you have high HRA exemption or home loan interest deduction.
For a Mumbai/Delhi/Bengaluru professional paying ₹30,000+/month rent with basic ₹8–9L, HRA exemption alone can be ₹2.5–3L/year — making old regime competitive at ₹20 LPA.
How Tax is Calculated on ₹20 LPA
Old Regime with typical deductions
₹20L − ₹50K std − ₹1.5L (80C) − ₹25K (80D) − ₹2.5L (HRA) = ₹15.25L taxable.
Tax on ₹15.25L: ₹12,500 + ₹1,00,000 + ₹15,750 = ₹1,28,250 + 4% cess = ₹1,33,380.
New regime still wins in this scenario.
Example Calculation
Frequently Asked Questions
Under the new tax regime, ₹20 LPA attracts approximately ₹1,04,000 in total tax (including 4% cess). Under the old regime with standard deductions (80C + 80D), tax is higher at ~₹2.1 lakh. Old regime beats new regime only if total deductions exceed approximately ₹4.5–5 lakh.
New regime is better for most ₹20 LPA earners. Old regime only wins with very high deductions — typically ₹4.5L+ including HRA, home loan interest (Section 24b), 80C, and 80D combined. If you pay high rent in a metro and have a home loan, old regime may save more. Use this calculator with your exact numbers.
For ₹20 LPA with typical 40% basic, monthly in-hand is approximately ₹1,30,000–₹1,45,000 under the new regime. Actual amount depends on salary structure, EPF contribution, and professional tax. Use our Salary In-Hand Calculator for an exact breakdown.
Related Calculators
Disclaimer: Results are for informational and educational purposes only — not financial, tax, or legal advice. Tax slabs, rates (EPF, PPF, home loan), and rules shown are based on data available in 2025 and may change. Always verify with a qualified professional or official government sources before making financial decisions.