Indian Income Tax Calculator FY 2025-26
Calculate Indian income tax for FY 2025-26 under the New Regime (Section 115BAC) or Old Regime. Includes Section 87A rebate, surcharge tiers, 4% Health & Education Cess, EPF deductions, professional tax and net monthly take-home salary.
Salary & Tax Details
Results - Net Monthly Take-Home
Tax Bracket Breakdown
| Income Range | Rate | Taxable in Bracket | Tax in Bracket |
|---|---|---|---|
| ₹0 - ₹3,00,000 | 0% | ₹3,00,000 | ₹0 |
| ₹3,00,000 - ₹7,00,000 | 5% | ₹4,00,000 | ₹20,000 |
| ₹7,00,000 - ₹10,00,000 | 10% | ₹2,25,000 | ₹22,500 |
| Income Tax Total | ₹42,500 | ||
Annual Summary
Come utilizzare Calcolatore Imposta sul Reddito India FY 2025-26
Insert your annual CTC
Insert your Cost to Company (CTC) in Indian Rupees. This is your total annual compensation package before any deductions.
Select your tax regime
Choose between New Regime (FY 2025-26 with a standard deduction of ₹75,000) and Old Regime (standard deduction of ₹50,000 with additional exemptions available).
Add deductions from the old regime (if applicable)
In the old regime, enter your HRA exemption, investments under Section 80C (PF, ELSS, LIC - up to ₹1.5L), and health insurance premiums under Section 80D.
Review your results
View your monthly net income in envelope, total tax due, EPF deductions, bracket allocation and effective tax rate for the 2025-26 fiscal year.
Suggerimenti
- For tax year 2025-26, the new regime is the standard regime. You must explicitly choose the old regime at the time of submission.
- Maximize Section 80C (₹1.5L) with EPF, PPF, ELSS mutual funds or life insurance to reduce taxable income under the old regime.
- In the new regime, income up to ₹7,75L is effectively exempt due to standard deduction of ₹75,000 and rebate 87A.
- Exemption from HRA in the old regime can be significant - up to 50% of basic salary in metropolitan cities.
- The 4% reduction applies even after the Section 87A rebate offsets the income tax if the surcharge is applied.
- Base salary is typically 40-50% of your total compensation; check your remuneration structure for accurate EPF calculation.
Domande frequenti
What is the Section 87A rebate?
Under Section 87A, if your taxable income does not exceed ₹7,00,000 (new regime) or ₹5,00,000 (old regime), your entire income tax liability is rebated - you pay zero income tax. This effectively makes income up to ₹7.75L tax-free in the new regime after the standard deduction.
What is Health & Education Cess?
A cess of 4% is levied on your income tax (after rebate) plus any applicable surcharge. This funds health and education initiatives and applies to all taxpayers regardless of income level.
When does surcharge apply?
Surcharge applies when taxable income exceeds ₹50 lakh: 10% for ₹50L-₹1Cr, 15% for ₹1Cr-₹2Cr, 25% for ₹2Cr-₹5Cr, and 37% for income above ₹5Cr. For the new regime, surcharge on salary income follows the same slabs.
How is EPF calculated?
Basic salary is assumed as 50% of CTC (a common industry formula). The employee contributes 12% of basic salary to EPF, which reduces take-home pay. The employer also contributes 12% (split as 3.67% to EPF and 8.33% to EPS) but this is part of the CTC package.
Which regime should I choose?
The new regime is generally better for those with few deductions. The old regime can be beneficial if you have significant HRA exemption, 80C investments (up to ₹1.5L), home loan interest (Section 24), and health insurance premiums (80D). Compare both regimes using this calculator to decide.
What is Professional Tax?
Professional Tax is a state-level tax on employment income. This calculator uses the Maharashtra default of ₹2,500/year. The amount varies by state: some states have no professional tax, while others charge up to ₹2,400-₹2,500 per year.