The invention relates to a method for smelting a nickel-based high temperature alloy in a vacuum induction furnace. The method sequentially comprises the following steps of: I, putting alloy raw materials into the furnace in a ratio; II, closing a furnace cover, vacuumizing, and performing power transmission to melt furnace burden; III, melting at the speed of less than or equal to 1 / 2 maximum furnace capacity / hour; IV, after the furnace burden is completely melted, starting performing bottom argon blowing, and refining for 20 to 25 minutes; V, stopping argon blowing, adding Al and Ti, and alloying; VI, after Al and Ti are completely melted, performing bottom argon blowing, and refining; VII, after refining is finished, closing a vacuum pump, and filling argon into the furnace and an ingot mold; VIII, alloying at the finishing point, namely adding B, Zr and a rare earth element, and adding a Ni-Mg alloy; and IX, performing electrified tapping after 3 to 4 minutes, and casting into an alloy ingot. By the method for smelting the nickel-based high temperature alloy in the vacuum induction furnace, refining time is 35 to 40 minutes, and the nickel-based high temperature alloy with very low carbon content can be obtained.