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Salary & Income Tax Calculator (India)
Calculate your monthly net take-home salary and compare tax liabilities under Old and New Regimes (FY 2025-26 & FY 2026-27).
Salary Structure
Annual CTC (₹)Monthly Equivalent: ₹1,00,000
Basic Salary (% of CTC)
HRA (% of Basic)
Tax Deductions (Old Regime)
Monthly Rent Paid (₹)
Rent Location (City)
Other 80C Deductions (₹/year)PPF, LIC, ELSS, NSC, etc. (EPF automatically added. Capped at ₹1.5L)
Health Insurance 80D (₹)
Home Loan Interest Sec 24 (₹)
Take-Home Pay Comparison
Old Tax Regime
₹0 /mo
Yearly Take-home: ₹0
New Tax Regime
₹0 /mo
Yearly Take-home: ₹0
Detailed Calculation Breakdown
| Component | Old Regime | New Regime |
|---|---|---|
| Gross Annual Salary | ₹0 | ₹0 |
| Standard Deduction | - ₹50,000 | - ₹75,000 |
| HRA Exemption | - ₹0 | Not Allowed |
| Sec 80C Deductions | - ₹50,000 | Not Allowed |
| Other Exemptions (80D/24) | - ₹15,000 | Not Allowed |
| Professional Tax | - ₹2,400 | - ₹2,400 |
| Net Taxable Income | ₹0 | ₹0 |
| Annual Income Tax (inc. Cess) | ₹0 | ₹0 |
| EPF Employee Share (12%) | - ₹0 | - ₹0 |
| Monthly Take-Home Cash | ₹0 | ₹0 |
Monthly Components Breakdown
Basic Salary₹0
HRA Allowance₹0
Special Allowance₹0
Gross Monthly Salary₹0
Employee PF (deduction)- ₹0
Professional Tax (deduction)- ₹200
Complete Guide: How to Use the Salary Calculator
Evaluate your net in-hand monthly salary and model your tax liabilities under the New and Old Indian Tax Regimes (FY 2025-26 & FY 2026-27). Deduct EPF, professional tax, and customize allowances to optimize your tax liability.
Step-by-Step Instructions
- Enter your Annual CTC (Cost to Company) or monthly pay using the input controls.
- Adjust basic salary and HRA percentage ratios to match your corporate payslip layout.
- Indicate if Employer EPF contribution is included in the stated CTC.
- Input your monthly rent and select your city type to automatically calculate HRA tax exemption under the Old Regime.
- Add other tax deductions under Section 80C (like LIC, PPF) or Section 80D (health insurance) for the Old Regime analysis.
- Review the side-by-side comparison panel showing Old vs New tax regime values to choose the better scheme.
Key Features & Benefits
- Calculates HRA tax exemption using official three-tier Indian taxation formulas.
- Supports latest FY 2025-26 & FY 2026-27 New Tax Regime rules (incorporating ₹75k standard deduction and up to ₹7L rebate).
- Provides side-by-side comparisons of tax liabilities, EPF savings, and monthly take-home payouts.
- Fully customizable Basic and HRA ratios.
- Enables restriction of PF calculation to the mandatory ₹1,800/month statutory cap.
- 100% client-side calculation for full data safety.
FAQs about Salary Calculator
What is the standard deduction in India?
Which regime is better: Old or New?
How is HRA tax exemption computed?