India Tools

Finance

Salary Tax Calculator

Free India salary and income tax calculator — compare New vs Old tax regime, estimate annual tax, monthly TDS, and take-home salary for FY 2026–27.

Part of ContentVerse India Tools — free daily-use checkers for Indian users.

Estimate income tax and take-home for salaried individuals under New vs Old regime — FY 2026–27 (AY 2027–28). Indicative only; not tax advice.

Income

Annual gross salary (₹)

Taxable salary before standard deduction (exclude employer PF if possible).

Other income (₹ / year)

Age category

Old regime deductions (optional)

Basic salary (₹ / year)

HRA received (₹ / year)

Rent paid (₹ / year)

Metro city (50% HRA rule)

80C deductions (max ₹1.5L)

80D health insurance

Home loan interest u/s 24(b) (max ₹2L)

Take-home adjustments

Employee PF (₹ / year)

Professional tax (₹ / year)

Better for you

New tax regime

Saves about ₹61,880 / year vs the other regime (tax only).

New regimeRecommended

Taxable income

₹11,25,000

Total tax (with cess)

₹0

Monthly tax

₹0

Est. monthly in-hand

₹93,800

87A rebate

₹52,500

Effective rate

Old regime

Taxable income

₹7,35,000

Total tax (with cess)

₹61,880

Monthly tax

₹5,157

Est. monthly in-hand

₹88,643

87A rebate

₹0

Effective rate

5.16%

HRA exemption

₹2,40,000

Chapter VI-A deductions

₹1,75,000

Uses FY 2026–27 (AY 2027–28) slab rates: new regime nil up to ₹4L with 87A rebate up to ₹12L taxable; standard deduction ₹75,000 (new) / ₹50,000 (old). Surcharge marginal relief and special incomes (capital gains, etc.) are not modelled. Confirm with a CA or the Income Tax portal before filing.

How to use Salary Tax Calculator

Estimate income tax under India’s new and old regimes for planning take-home salary. This is an independent educational calculator — not the Income Tax Department portal.

How to estimate your tax

Enter annual CTC or taxable income and compare regimes. Include standard deduction assumptions shown in the tool. Section 87A rebates and surcharge rules can change — verify before filing.

For exact liability, use the official e-filing utilities or a CA. Form 16, exemptions, HRA, and investments can change the final number.

New vs old regime — quick context

The new default regime uses revised slabs with fewer deductions. The old regime can still win if you have large eligible deductions. Run both numbers before choosing at filing time.

Worked examples

Example — compare regimes with the same CTC

Enter the same annual income twice: once assuming new-regime defaults, once with old-regime deductions you actually claim (80C, HRA, etc.). Pick the lower tax only after Form 16 / CA review.

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Frequently asked questions

Is the Salary Tax Calculator free on ContentVerse India?

Yes. All India utility tools on ContentVerse India are free to use with no sign-up required.

Is this an official government website?

No. ContentVerse India is an independent platform. We use public datasets and open APIs. For official records, use government portals like Parivahan, GST, FoSCoS, or ECI.

Which financial year does this tax calculator use?

FY 2026–27 (AY 2027–28) slab rates under the new default regime (nil up to ₹4 lakh) and the old regime, including standard deduction and Section 87A rebate estimates.

Is this an official Income Tax Department calculator?

No. It is an independent estimate for planning. Always verify on the Income Tax e-filing portal or with a tax professional before filing returns.