Income Tax Calculator for Salaried Employees

Calculate tax with HRA, 80C, and all deductions

Compare old vs new tax regime for FY 2026-27

Get monthly take-home salary breakdown

Basic Details

Income-tax Act, 2025

Tax Year

Income Type

Salaried / PensionerBusiness / Professional

Age (during the year)

Residential Status

Salary Components

From your payslip. Don't include employer PF – it isn't part of taxable salary.

MonthlyAnnual

Basic Salary / Pension (Monthly)

Dearness Allowance (DA) (Monthly)

HRA Received (Monthly)

Special / Other Allowances (Monthly)

Professional Tax (Monthly)

Max ₹2,500/yr; deductible in old regime only

Bonus / Incentives (Annual)

LTA (Annual)

Employer NPS Contribution (Annual)

80CCD(2) – deductible in both regimes

Gross Salary (annual): ₹0

Employee Provident Fund (EPF)

Deducted from your take-home; counts towards 80C in the old regime.

Statutory wage ceiling12% of Basic+DA capped at ₹15,000 till 16 Sep 2026, ₹25,000 from 17 Sep 2026Full Basic + DA12% of entire Basic + DA (no ceiling)Ceiling + Voluntary PF (VPF)Statutory PF plus an extra monthly amountNo PFNot an EPF member (pensioner, NPS-only or opted out)

Employee PF (annual)

₹0

EPF interest rate (FY 2025-26)

8.25% p.a.

Other Income

Annual amounts. Interest is taxable at slab rates.

Savings Account Interest (Annual)

80TTA: up to ₹10,000 deductible (old regime)

FD / RD / Deposit Interest (Annual)

Fully taxable

Any Other Income (Annual)

Rent, freelance etc. (net, slab-rate income)

Enter your income above to see your tax under both regimes.

🔒 Calculated in your browser – nothing is uploaded. Estimate for resident/non-resident individuals with slab-rate income; capital gains, lottery and other special-rate income are not included. Verify with a tax professional before filing.

What is Income Tax for Salaried Employees?

Salaried employees in India pay income tax based on their total compensation after claiming various exemptions and deductions. The key components include HRA exemption for rented accommodation, standard deduction, and investments under sections 80C, 80D, and others. Our calculator helps you find the most tax-efficient way to structure your salary.

How to Minimize Your Tax Liability

Maximize 80C

Invest ₹1.5 lakh in PPF, ELSS, EPF, or insurance

Claim HRA

Submit rent receipts to claim HRA exemption

Health Insurance

Claim 80D up to ₹25,000 for family (₹50,000 if senior) plus parents

NPS Investment

Additional ₹50,000 deduction under 80CCD(1B)

Compare Regimes

The new regime has no 80C/HRA but lower rates – compare both

Why Use Our Calculator?

Built-in HRA Calculator

Automatic HRA exemption calculation

All Deductions

80C, 80D, 80CCD, home loan interest included

Regime Comparison

Side-by-side old vs new regime analysis

Monthly Breakdown

See exact monthly take-home after all deductions

Frequently Asked Questions

Salary income is reduced by the standard deduction (₹75,000 new regime / ₹50,000 old regime). In the old regime you can also subtract HRA and LTA exemptions, professional tax and deductions such as 80C, 80D and 24(b). Tax is computed on slabs, then the rebate (with marginal relief in the new regime), surcharge and 4% cess are applied. The calculator does all of this and compares both regimes.

Under the new regime: the ₹75,000 standard deduction and employer NPS contribution (80CCD(2), up to 14% of basic + DA). Under the old regime: ₹50,000 standard deduction, HRA, LTA, professional tax, 80C up to ₹1.5 lakh (including employee PF), 80D health insurance, 80CCD(1B) NPS up to ₹50,000, home loan interest up to ₹2 lakh and more.

For most salaried people the new regime is cheaper, and salary up to ₹12.75 lakh pays no tax under it. The old regime wins only if your deductions are large, often ₹4–8 lakh or more depending on income. Enter your figures to see the exact comparison.

HRA exemption (old regime only) is the least of: actual HRA received, rent paid minus 10% of basic + DA, or 50% of basic + DA in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune or Ahmedabad (from FY 2026-27) / 40% elsewhere.