₹14.65L Salary? Pay ₹0 Tax — Here's How
If you earn ₹14.65 lakh CTC, you don't have to pay any income tax under the new regime. Smart salary structuring — NPS, EPF, and standard deduction — can legally cut your taxable income below the zero-tax threshold.
That's like skipping 3 months of EMIs — just by restructuring your payslip.
Your CTC can be structured so you legally owe zero income tax
Key Takeaways
Ask your HR to include employer NPS contribution (up to 10% of basic) in your CTC — this reduces taxable salary without cutting take-home pay.
Check your payslip: ensure your employer is contributing to EPF on actual basic salary, as this also lowers your gross taxable income.
Use the income tax calculator on the IT portal (incometax.gov.in) to compare old vs new regime and see your exact zero-tax threshold before filing ITR.
If you earn ₹14.65 lakh CTC, you don't have to pay any income tax under the new regime. Smart salary structuring — NPS, EPF, and standard deduction — can legally cut your taxable income below the zero-tax threshold.
Here's what happened: Under the new tax regime, income up to ₹12 lakh attracts zero tax after rebate under Section 87A — effective from FY 2025-26.. A ₹14.65 lakh CTC can be reduced to ₹11.99 lakh taxable income using standard deduction of ₹75,000 and employer NPS contribution under Section 80CCD(2).. Employer's NPS contribution (up to 14% of basic for government, 10% for private sector) is deducted from gross salary before tax is calculated — a major but underused benefit..
What you should do: Ask your HR to include employer NPS contribution (up to 10% of basic) in your CTC — this reduces taxable salary without cutting take-home pay.. Check your payslip: ensure your employer is contributing to EPF on actual basic salary, as this also lowers your gross taxable income.. Use the income tax calculator on the IT portal (incometax.gov.in) to compare old vs new regime and see your exact zero-tax threshold before filing ITR..
Employer NPS contribution under Section 80CCD(2) is the only deduction allowed in the new tax regime beyond standard deduction — most salaried employees never activate it.
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- [1]“₹14.65 lakh salary? Here's how you can legally reduce your income tax liability to zero under new tax regime” mint - money · 6 Jul 2026
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