Tax on ₹30 Lakh Salary: New vs Old Tax Regime (FY 2025-26)
Earning ₹30 Lakhs (30 LPA) places you in the high-income bracket where tax planning becomes critical. Under the New Tax Regime (FY 2025-26), your taxable income after the ₹75,000 Standard Deduction is ₹29.25 Lakhs. Since this exceeds the ₹12 Lakh rebate limit, you pay tax of ₹4,75,800 — still significantly lower than the Old Regime.
For a ₹30 Lakh salary, the New Tax Regime is the clear winner. Your total tax will be ₹4,75,800.
Check Your Specific Case:
Includes 80C, 80D, HRA, Home Loan Interest etc.
New Regime saves you ₹2,49,600 🎉
Monthly In-Hand Breakdown
| Component | New Regime (Recommended) | Old Regime (No Deductions) |
|---|---|---|
| Gross Salary | ₹2,50,000 | ₹2,50,000 |
| Less: PF (Statutory Cap) | - ₹1,800 | - ₹1,800 |
| Less: Prof Tax | - ₹200 | - ₹200 |
| Less: TDS (Tax) | - ₹39,650 | - ₹60,450 |
| In-Hand Salary | ₹2,08,350 | ₹1,87,550 |
*PF is calculated at the statutory cap of ₹1,800/month (₹21,600/year).
Where Does Your ₹30,00,000 Go?
Annual take-home pay.
New Regime Tax.
Compulsory savings (capped).
Tax Calculation (New Regime – FY 2025-26)
Taxable Income: ₹30,00,000 - ₹75,000 = ₹29,25,000.
| Slab | Rate | Tax |
|---|---|---|
| 0 - ₹4 Lakhs | Nil | ₹0 |
| ₹4 Lakhs - ₹8 Lakhs | 5% | ₹20,000 |
| ₹8 Lakhs - ₹12 Lakhs | 10% | ₹40,000 |
| ₹12 Lakhs - ₹16 Lakhs | 15% | ₹60,000 |
| ₹16 Lakhs - ₹20 Lakhs | 20% | ₹80,000 |
| ₹20 Lakhs - ₹24 Lakhs | 25% | ₹1,00,000 |
| ₹24 Lakhs - ₹29.25 Lakhs | 30% | ₹5.25 Lakhs × 30% = ₹1,57,500 |
| Gross Tax | - | ₹4,57,500 |
| Less: Rebate 87A | - | ₹0 (limit exceeded) |
| Net Payable (+4% cess) | - | ₹4,75,800 |
The Break-Even Point
To beat the New Regime tax of ₹4,75,800, you need total deductions exceeding:
₹8,00,000
This requires: Full 80C (₹1.5L) + 80D (₹25-50k) + NPS (₹50k) + substantial HRA or Home Loan Interest (~₹5L+). For most people at 30 LPA, New Regime remains simpler and better.
Conclusion
For a ₹30 Lakh salary, the New Tax Regime remains the default winner. It keeps your tax liability under ₹6 Lakhs and maximizes your monthly cash flow.
Nitin researches and writes all financial guides on Fincado, cross-checking figures against RBI circulars, official bank disclosures, and the Income Tax Act. Content on this site is independent analysis — not personalized financial advice.
Jun 2026
Source cross-check and periodic QA
Actual outcomes can vary by borrower profile, bank policy, market conditions, and future rule changes. Validate important decisions with a certified professional.
Calculations are based on income tax slabs for FY 2025-26 applicable to resident individuals below 60 years.