{"id":10643,"date":"2026-07-19T18:37:12","date_gmt":"2026-07-19T18:37:12","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=10643"},"modified":"2026-07-19T18:42:51","modified_gmt":"2026-07-19T18:42:51","slug":"salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/","title":{"rendered":"Salary up to INR 12.75 Lakh? You May Still Need to Pay Tax"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-10646\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31.jpg\" alt=\"Salary up to INR 12.75 lakh? You May Still Need to Pay Tax (AY 2026-27)\" width=\"1254\" height=\"1254\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31.jpg 1254w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31-300x300.jpg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31-1024x1024.jpg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31-150x150.jpg 150w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31-768x768.jpg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2026\/07\/\ud835\udc12\ud835\udc1a\ud835\udc25\ud835\udc1a\ud835\udc2b\ud835\udc32-\ud835\udc2e\ud835\udc29\ud835\udc2d\ud835\udc28-\u20b9-\ud835\udfcf\ud835\udfd0.\ud835\udfd5\ud835\udfd3-\ud835\udc0b\ud835\udc1a\ud835\udc24\ud835\udc21-\ud835\udc18\ud835\udc28\ud835\udc2e-\ud835\udc26\ud835\udc1a\ud835\udc32-\ud835\udc2c\ud835\udc2d\ud835\udc22\ud835\udc25\ud835\udc25-\ud835\udc27\ud835\udc1e\ud835\udc1e\ud835\udc1d-\ud835\udc2d\ud835\udc28-\ud835\udc29\ud835\udc1a\ud835\udc32-\ud835\udc2d\ud835\udc1a\ud835\udc31-800x800.jpg 800w\" sizes=\"(max-width: 1254px) 100vw, 1254px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a5f0b5e8133e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a5f0b5e8133e\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#Salary_up_to_INR_1275_lakh_You_May_Still_Need_to_Pay_Tax_AY_2026-27\" title=\"Salary up to INR 12.75 lakh? You May Still Need to Pay Tax (AY 2026-27)\">Salary up to INR 12.75 lakh? You May Still Need to Pay Tax (AY 2026-27)<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#1_Zero_Tax_on_Salary_up_to_INR_1275_Lakh_Subject_to_Conditions\" title=\"1. Zero Tax on Salary up to INR 12.75 Lakh (Subject to Conditions)\">1. Zero Tax on Salary up to INR 12.75 Lakh (Subject to Conditions)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#2_ITR_Due_Date\" title=\"2. ITR Due Date:\u00a0\">2. ITR Due Date:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#3_Some_Incomes_Remain_Taxable_Even_If_Salary_Is_Below_INR_1275_Lakh\" title=\"3. Some Incomes Remain Taxable Even If Salary Is Below INR 12.75 Lakh\">3. Some Incomes Remain Taxable Even If Salary Is Below INR 12.75 Lakh<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#Virtual_Digital_Assets_Crypto_Assets\" title=\"Virtual Digital Assets (Crypto Assets)\">Virtual Digital Assets (Crypto Assets)<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#Lottery_and_Speculative_Income\" title=\"Lottery and Speculative Income\u00a0\">Lottery and Speculative Income\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#4_ITR_May_Still_Be_Mandatory\" title=\"4. ITR May Still Be Mandatory\">4. ITR May Still Be Mandatory<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#If_tax_liability_is_nil_after_the_Sect_87A_rebate_should_taxpayer_still_file_a_return\" title=\"If tax liability is nil after the Sect\u00a0 87A rebate, should taxpayer still file a return\u00a0\">If tax liability is nil after the Sect\u00a0 87A rebate, should taxpayer still file a return\u00a0<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/salary-up-to-inr-12-75-lakh-you-may-still-need-to-pay-tax\/#Summary\" title=\"Summary\u00a0\">Summary\u00a0<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Salary_up_to_INR_1275_lakh_You_May_Still_Need_to_Pay_Tax_AY_2026-27\"><\/span><span style=\"color: #000080;\">Salary up to INR 12.75 lakh? You May Still Need to Pay Tax (AY 2026-27)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div>\n<p>A salaried person earning up to INR 12.75 lakh may have zero tax liability under the New Tax Regime, but certain types of income can still attract tax.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_Zero_Tax_on_Salary_up_to_INR_1275_Lakh_Subject_to_Conditions\"><\/span><span style=\"color: #000080;\">1. Zero Tax on Salary up to INR 12.75 Lakh (Subject to Conditions)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A salaried taxpayer can effectively have nil tax liability up to INR 12.75 lakh because of the standard deduction, Rebate under Section 87A and benefits available under the applicable tax regime. However, filing the Income Tax Return is necessary to claim the rebate. The benefit is available on eligible salary income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_ITR_Due_Date\"><\/span><span style=\"color: #000080;\">2. ITR Due Date:\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000080;\">For AY 2026-27 (FY 2025-26):\u00a0ITR Due Date: 31 July 2026. Applicable to taxpayers who are not liable for tax audits.<\/span><\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Some_Incomes_Remain_Taxable_Even_If_Salary_Is_Below_INR_1275_Lakh\"><\/span><span style=\"color: #000080;\">3. Some Incomes Remain Taxable Even If Salary Is Below INR 12.75 Lakh<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><span style=\"color: #000080;\">Capital Gains: Section 87A rebate generally does not apply to certain capital gains taxed at special rates.\u00a0Examples:\u00a0<\/span><\/p>\n<p>Listed Equity Shares \/ Equity Mutual Funds<\/p>\n<ul>\n<li>Long-Term Capital Gains exceeding INR 1.25 lakh\u2014Taxable at 12.5%<\/li>\n<li>Short-term capital gains \u2013 Taxable at 20%<\/li>\n<\/ul>\n<p>Unlisted Shares<\/p>\n<ul>\n<li>Long-Term Capital Gains \u2013 12.5%<\/li>\n<li>Short-term capital gains \u2013 Taxable at slab rates<\/li>\n<\/ul>\n<p>Immovable Property<\/p>\n<ul>\n<li>Long-Term Capital Gains generally taxable at 12.5%<\/li>\n<li>Short-term capital gains taxable at slab rates<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Virtual_Digital_Assets_Crypto_Assets\"><\/span><span style=\"color: #000080;\">Virtual Digital Assets (Crypto Assets)<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Income from cryptocurrency, digital tokens, and similar virtual digital assets (VDAs) is generally taxed at 30% + applicable cess and surcharge. Important points<\/p>\n<ul>\n<li>Only acquisition cost is allowed as a deduction.<\/li>\n<li>Basic exemption and rebate benefits are generally restricted for such income.<\/li>\n<\/ul>\n<h4><span class=\"ez-toc-section\" id=\"Lottery_and_Speculative_Income\"><\/span><span style=\"color: #000080;\">Lottery and Speculative Income\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p>Income from lottery winnings, horse racing, and similar speculative activities is taxed at a flat 30% (plus applicable cess and surcharge). No normal rebate benefit is available against such special-rate income.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"4_ITR_May_Still_Be_Mandatory\"><\/span><span style=\"color: #000080;\">4. ITR May Still Be Mandatory<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Even if tax liability is nil, return filing may be compulsory if you have:<\/p>\n<ul>\n<li>Electricity expenditure of INR 1 lakh or more during the year<\/li>\n<li>Foreign travel expenditure exceeding INR 2 lakh<\/li>\n<li>Certain high-value credit card or financial transactions<\/li>\n<li>Other specified reporting requirements under the Income Tax Act<\/li>\n<\/ul>\n<h3 class=\"jsx-2983750260\"><span class=\"ez-toc-section\" id=\"If_tax_liability_is_nil_after_the_Sect_87A_rebate_should_taxpayer_still_file_a_return\"><\/span><span style=\"color: #000080;\">If tax liability is nil after the Sect\u00a0 87A rebate, should taxpayer still file a return\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div>\n<ul>\n<li>A common misconception is that if your tax liability becomes nil after claiming the Section 87A rebate, you do not need to file an income tax return. However, the rebate only reduces your tax payable\u2014it does not exempt you from filing the return.<\/li>\n<li>Income tax return filing is still mandatory if your gross total income exceeds the applicable basic exemption limit, and eligibility for the Section 87A rebate is available only after filing the return and claiming it.<\/li>\n<li>For AY 2026-27, a salaried individual under the new tax regime can have zero tax liability up to INR 12.75 lakh (including the INR 75k standard deduction benefit), but filing the income tax return remains important to claim the rebate, obtain refunds, carry forward losses, and maintain proof of income for loans, visas, and other financial purposes.<\/li>\n<li>While determining whether return filing is mandatory, the gross total income before claiming deductions u\/s 80C, 80D, 80G, etc. is considered. Failure to file a mandatory return may attract a late filing fee u\/s 234F, even if the final tax payable is nil.<\/li>\n<\/ul>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Summary\"><\/span><span style=\"color: #000080;\">Summary\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Salary below INR 12.75 lakh does not automatically mean zero tax. While salary income may qualify for rebate and result in nil tax liability, incomes such as capital gains, crypto income, lottery winnings, and other special-rate incomes can still be taxable. Therefore, taxpayers should review all sources of income carefully and file their income tax return to claim eligible benefits and remain compliant.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Salary up to INR 12.75 lakh? You May Still Need to Pay Tax (AY 2026-27) A salaried person earning up to INR 12.75 lakh may have zero tax liability under the New Tax Regime, but certain types of income can still attract tax. 1. Zero Tax on Salary up to INR 12.75 Lakh (Subject to &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1278],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/10643"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=10643"}],"version-history":[{"count":4,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/10643\/revisions"}],"predecessor-version":[{"id":10645,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/10643\/revisions\/10645"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=10643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=10643"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=10643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}