MundoKit

India income tax and take-home calculator

Enter annual gross cash salary and actual payroll deductions for FY / tax year 2026/27. See new-regime tax and average monthly take-home; do not enter CTC as salary.

Inputs
INR
FY / tax year 2026/27. Include taxable cash bonus. Enter gross salary, not CTC. Salary-only model: excludes non-cash taxable benefits and all other income.
INR
Your actual cash deduction; no universal PF rate is assumed. Does not reduce taxable income here.
INR
Enter your actual state payroll deduction. Does not reduce taxable income under this new-regime model.
INR
Exclude income-tax withholding, PF and professional tax already entered.
The income rebate and its marginal relief apply only to resident individuals.

Results

Average monthly take-home estimate
₹116,875.00
Annual tax including cess
₹97,500.00
Monthly tax allocation
₹8,125.00
Annual take-home estimate
₹1,402,500.00
FY / tax year 2026/27 — new regime
Calculation stepINR
Gross cash salary₹1,500,000.00
Standard deduction₹75,000.00
Rounded taxable income₹1,425,000.00
Tax at slab rates₹93,750.00
Resident rebate₹0.00
Rebate marginal relief₹0.00
Surcharge before relief₹0.00
Surcharge marginal relief₹0.00
Health and Education Cess₹3,750.00
Final rounded annual tax₹97,500.00
Payroll cash deductions₹0.00
  • CTC can include employer contributions, insurance and gratuity accrual. Obtain gross cash salary from your payroll breakdown before using this tool.
  • Salary-only new regime estimate. No capital gains, special-rate income, employer NPS deduction, arrears relief, foreign tax credits or old-regime comparison. Monthly figures are annual averages, not a payslip or TDS schedule.

Results update as you type. The share link stores your inputs after the # in the address, which is not sent to our server, but anyone you send it to can read them.

This is a general estimate for information only, not tax, legal or financial advice. Real rules have more conditions than a calculator can show, so check the official source below or a qualified professional for your situation.

Last checked 2026-11-14. Rules change, sometimes at short notice. We list the date we last checked each official source; confirm with the official government source before you travel, buy or file. This is general information, not legal or immigration advice.

How it works

For salary only, subtract the smaller of gross salary and the ₹75,000 standard deduction. Section 202 applies successive ₹4 lakh bands at 0%, 5%, 10%, 15%, 20% and 25%, then 30% above ₹24 lakh. Section 156 gives resident individuals a rebate up to ₹60,000 at total income up to ₹12 lakh. Above that threshold, marginal relief limits pre-cess tax to the excess income when smaller than slab tax.

Surcharge is 10% above ₹50 lakh, 15% above ₹1 crore and 25% above ₹2 crore. Surcharge marginal relief limits tax plus surcharge to the tax at the threshold plus excess income. Health and Education Cess adds 4% after relief.

Monthly take-home = (gross cash salary − final tax − employee PF − professional tax − other payroll deductions) ÷ 12

Section 516 requires taxable income and final tax to be rounded to the nearest ₹10 after ignoring paise, with a last digit of five rounded up. Other intermediates are retained; displays use two decimals. Payroll cash deductions do not reduce taxable income in this model.

Scope: cash salary under the new regime only. Other income, non-cash taxable benefits, employer NPS deductions and tax credits need a fuller calculation.

Worked examples

₹15 lakh gross salary

With no payroll deductions and resident status, taxable income is ₹14,25,000. Slab tax is ₹93,750, with no rebate or marginal relief. Cess is ₹3,750, giving ₹97,500 annual tax and ₹1,16,875 average monthly take-home.

Official marginal-relief example, mapped to salary

Gross salary of ₹12,85,000 leaves ₹12,10,000 taxable income after the standard deduction. The Budget FAQ gives slab tax of ₹61,500 and marginal relief of ₹51,500. Tax before cess is ₹10,000; adding ₹400 cess gives ₹10,400 final tax.

Frequently asked questions

Is FY 2026/27 the same as AY 2026/27?
No. FY / tax year 2026/27 covers income from 1 April 2026 to 31 March 2027 under the 2025 Act. AY 2026/27 labels the assessment of the preceding financial year under the earlier Act.
Does ₹12.75 lakh salary mean no tax?
For a resident with only salary in this model, the standard deduction brings taxable income to the rebate threshold. Other income or special-rate income can change that result.
Should I enter CTC?
No. Use the gross cash salary component of your compensation breakdown. Employer retirement contributions, insurance and gratuity accrual may be part of CTC without being monthly cash pay.
Why must I enter PF and professional tax myself?
Their payroll amounts depend on your employment and state. Zero means no deduction is assumed; replace it with actual annual amounts.
Is the monthly estimate the amount on each payslip?
No. Bonus timing and employer tax withholding can vary. This is an annual estimate divided by 12.

Sources

Last reviewed 2026-11-14; next review due by 2027-01-15. The method is written out above so you can check our math.