FY 2026-27 Tax Regime Analysis

5 LPA: Old vs New Tax Regime Comparison

Comprehensive side-by-side analysis of a ₹5 Lakh salary package. See exact income tax, monthly take-home pay, and the minimum deduction threshold required to switch regimes.

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Expert Recommendation

New Tax Regime is the clear winner for 5 LPA

Under default conditions with standard deduction, the New Tax Regime gives you ₹35,465/month vs ₹35,465/month in Old Regime. You save ₹0/year in direct taxes.

Breakeven Deduction
₹0

Total 80C + 80D + HRA needed in Old Regime to beat New Regime

Recommended Default

New Tax Regime

FY 2026-27 Slabs (₹75k Standard Deduction)

Annual CTC₹5,00,000
Standard Deduction- ₹75,000
Taxable Income₹3,82,975
Annual Income Tax + Cess₹0
Annual Take-Home Pay₹4,25,575
Monthly In-Hand₹35,465

Old Tax Regime

Allows 80C, 80D, HRA & Home Loan deductions

Annual CTC₹5,00,000
Standard Deduction- ₹50,000
Taxable Income (Zero Deductions)₹3,75,575
Tax (Zero Deductions)₹0
Tax (With Full Deductions)₹0
Monthly In-Hand (Default)₹35,465

Scenario Analysis: Old vs New Regime at 5 LPA

See how varying investment and rent deduction levels change your tax liability.

ScenarioOld Regime TaxNew Regime TaxOld Monthly In-HandNew Monthly In-HandBest Regime
Zero Deductions (Default)₹0₹0₹35,465₹35,465New Regime
₹1.5 Lakh 80C Claimed₹20,000₹0₹33,798₹35,465New Regime
Full Deductions (80C + 80D + HRA)₹0₹0₹35,465₹35,465New Regime

Frequently Asked Questions: 5 LPA Tax Regime

Is New Tax Regime better than Old Tax Regime for 5 LPA salary in FY 2026-27?

Yes. For a 5 LPA package with zero investments, the New Tax Regime provides higher take-home pay of ₹35,465/month compared to ₹35,465/month under the Old Regime, saving ₹0 in annual taxes.

What is the breakeven deduction needed at 5 LPA for Old Regime to save more tax?

At 5 LPA, you need total tax-saving deductions of at least ₹0 (across Section 80C ₹1.5L, Section 80D ₹25k-₹50k, HRA rent exemption, and home loan interest) for the Old Regime to result in lower tax than the New Regime.

What is the standard deduction for 5 LPA under both regimes?

For FY 2026-27, salaried employees receive a flat Standard Deduction of ₹75,000 under the New Tax Regime, whereas the Old Tax Regime offers a Standard Deduction of ₹50,000.

What is the monthly in-hand salary for 5 LPA under New vs Old Regime?

Under the New Tax Regime, your estimated monthly in-hand salary is ₹35,465. Under the Old Regime without deductions, it is ₹35,465/month, and with full standard deductions it is ₹35,465/month.