A free online income tax calculator for India that runs on the current financial year's slabs under both the new and the old regime. Enter one income figure and read the slab-by-slab working, the Section 87A rebate, surcharge with marginal relief and the 4 percent cess. Nothing you type leaves your browser.
| Income Slab | Rate | Income Taxed | Tax |
|---|
This free online income tax calculator answers one question and answers it properly: on a given annual income, what does the government actually take. Type a figure, pick a regime, and the tool shows the working slab by slab rather than a single number you have to trust. As an income tax calculator for India it runs the current financial year's slabs under both the new regime, which applies to you by default, and the old regime, which you have to elect when you file. Everything happens inside your browser, with no sign-up and nothing stored.
Most people arrive here holding a salary figure rather than a taxable one, so the calculator starts from gross income and subtracts the standard deduction itself. If you are still working out what your package pays before tax, the salary breakup calculator splits a CTC into components and the CTC to in-hand calculator takes an offer letter down to a monthly credit. As a personal tax calculator for India it stops at income tax, so professional tax and provident fund come from the professional tax calculator and the provident fund calculator. All twenty tools sit together on the salary calculators hub.
Salary tax is calculated one slab at a time, not at a single rate, and the four steps below are the order the calculator follows.
Jump back to the income tax calculator and run your own figure, or see the same numbers worked out at six salary levels below.
New regime, salary income, current financial year. Annual rupees, with the standard deduction already applied.
| Gross Income | Standard Deduction | Taxable Income | Tax on Slabs | 87A Rebate | Surcharge | Cess 4% | Total Tax | Effective Rate | Monthly TDS |
|---|---|---|---|---|---|---|---|---|---|
| 7,00,000 | 75,000 | 6,25,000 | 11,250 | 11,250 | Nil | Nil | Nil | 0.00% | Nil |
| 12,75,000 | 75,000 | 12,00,000 | 60,000 | 60,000 | Nil | Nil | Nil | 0.00% | Nil |
| 15,00,000 | 75,000 | 14,25,000 | 93,750 | Nil | Nil | 3,750 | 97,500 | 6.50% | 8,125 |
| 20,00,000 | 75,000 | 19,25,000 | 1,85,000 | Nil | Nil | 7,400 | 1,92,400 | 9.62% | 16,033 |
| 30,00,000 | 75,000 | 29,25,000 | 4,57,500 | Nil | Nil | 18,300 | 4,75,800 | 15.86% | 39,650 |
| 55,00,000 | 75,000 | 54,25,000 | 12,07,500 | Nil | 1,20,750 | 53,130 | 13,81,380 | 25.12% | 1,15,115 |
Three things in that table are worth more than the totals. The first two rows pay nothing at all, and the second one is the row people find surprising: a salaried person on 12,75,000 has a taxable income of exactly 12,00,000 after the standard deduction, which is the Section 87A threshold, so the rebate cancels the whole 60,000 of slab tax. The effective rate column then climbs slowly, from 6.50 percent at 15,00,000 to 15.86 percent at 30,00,000, because only the slice of income inside each band is taxed at that band's rate. Nobody pays thirty percent on all of their income. The last row is the only one carrying surcharge, at ten percent of the tax rather than ten percent of the income, which is a distinction that costs people a lot of unnecessary worry. If you want the figure that reaches your bank rather than the figure that leaves for the government, run the same salary through the in-hand salary calculator or the take-home salary calculator, and divide it out with the monthly salary calculator.
The income tax calculator on this page turns one annual income figure into a full liability: the tax each slab produces, the Section 87A rebate where it applies, surcharge where the income is high enough to attract it, and the four percent health and education cess that sits on top of everything. It is built for individuals below sixty who earn salary, pension, business or professional income in India, which is the overwhelming majority of people who search for this. Used as a new tax regime calculator it needs nothing but an income figure; used as a salary tax calculator it takes the standard deduction off for you first.
What it is not is a filing tool. It estimates what you owe so you can plan, check a payslip deduction, or sanity-check an employer's TDS. The return itself is filed on the government portal, and the numbers of record are the ones on your Form 16 and Form 26AS. If your question is really about what lands in your account each month rather than what leaves for the government, the post-tax salary calculator and the take-home salary calculator are the better starting points, and the salary calculators hub lists the rest.
These are the rates the calculator runs for the current financial year. The Finance Act 2025 set them and Budget 2026 carried them forward without change, so the same table applies to FY 2025-26 and FY 2026-27. The full text of every Finance Act, along with the Budget documents behind it, is published on the Union Budget portal.
| Taxable Income | Rate | Tax in This Band | Running Total |
|---|---|---|---|
| Up to 4,00,000 | Nil | Nil | Nil |
| 4,00,001 to 8,00,000 | 5% | 20,000 | 20,000 |
| 8,00,001 to 12,00,000 | 10% | 40,000 | 60,000 |
| 12,00,001 to 16,00,000 | 15% | 60,000 | 1,20,000 |
| 16,00,001 to 20,00,000 | 20% | 80,000 | 2,00,000 |
| 20,00,001 to 24,00,000 | 25% | 1,00,000 | 3,00,000 |
| Above 24,00,000 | 30% | On the excess | 3,00,000 plus |
Read the running total column and the shape of the system becomes obvious. Someone with 24,00,000 of taxable income pays 3,00,000 before cess, which is 12.5 percent, not the 30 percent their top band suggests. The thirty percent rate only ever touches the rupees above 24,00,000.
Tax is never charged on your gross salary. It is charged on taxable income, and the gap between the two is what most calculators quietly assume you have already worked out. This one does it for you. Under the new regime a salaried person or pensioner subtracts a standard deduction of 75,000 and very little else: the employer's contribution to the National Pension System under Section 80CCD(2) survives, and almost every other deduction does not. Under the old regime the standard deduction is 50,000 and the long list of exemptions comes back.
That single 75,000 line is why the tax-free ceiling for a salaried person is quoted as 12,75,000 rather than 12,00,000. The rebate threshold is a taxable income threshold. Subtract the standard deduction from 12,75,000 of salary and taxable income lands exactly on 12,00,000, which is where Section 87A can still wipe the bill out. Someone with the same 12,75,000 as business income has no standard deduction to subtract, so their taxable income is 12,75,000 and they pay. Deductions and exemptions in the old regime work the same way, reducing the figure the slabs are applied to, and the provident fund calculator and gratuity calculator cover two of the components that feed into it.
The old regime is still electable and the calculator runs it in full. Its slabs are wider and its rates rise faster, but it allows the deductions the new regime removed: Section 80C up to 1,50,000, Section 80D for health insurance, the HRA exemption, NPS, home loan interest and around seventy others. Below are both slab tables side by side, purely as a rate reference.
| Taxable Income | Rate |
|---|---|
| Up to 4,00,000 | Nil |
| 4,00,001 to 8,00,000 | 5% |
| 8,00,001 to 12,00,000 | 10% |
| 12,00,001 to 16,00,000 | 15% |
| 16,00,001 to 20,00,000 | 20% |
| 20,00,001 to 24,00,000 | 25% |
| Above 24,00,000 | 30% |
| Taxable Income | Rate |
|---|---|
| Up to 2,50,000 | Nil |
| 2,50,001 to 5,00,000 | 5% |
| 5,00,001 to 10,00,000 | 20% |
| Above 10,00,000 | 30% |
Note that 2,50,000 is the OLD regime exemption limit, not a national one. The new regime is the default and its basic exemption is 4,00,000. Quoting 2.5 lakh as the threshold is one of the most common errors in Indian tax writing. The old regime rebate is also a harder edge: nil tax up to 5,00,000 of taxable income, with no marginal relief above it.
Which regime costs less is a genuinely different question from what tax is due, and it has its own page. As one data point from this calculator: a salaried person on 15,00,000 pays 97,500 in the new regime, and would need roughly 5,43,750 of old regime deductions on top of the standard deduction just to match that. Work your own break-even with the old versus new tax regime calculator, which owns that comparison.
Four things happen after the slabs, and all four are in the calculator's working. The Section 87A rebate comes first. In the new regime it reduces the tax to nil for taxable income up to 12,00,000, a maximum rebate of 60,000, and above that line it tapers rather than stopping dead: tax can never exceed the income above 12,00,000, which keeps the rebate alive until taxable income reaches roughly 12,70,588. Without that taper someone earning one rupee more than 12,00,000 would owe 60,000 more, which is why the relief exists. The rebate and its threshold are set out on the Income Tax Department portal.
Surcharge comes next, and it is levied on the tax, not on the income. Ten percent once total income passes 50,00,000, fifteen percent above 1,00,00,000, and twenty five percent above 2,00,00,000, where the new regime stops. The old regime keeps a thirty seven percent band above 5,00,00,000, which is the single largest difference between the two at the very top. Marginal relief applies at each of those thresholds too, on the same principle: crossing a line by a rupee can never cost more than the rupee. Finally the four percent health and education cess is applied to tax plus surcharge, with no exemption threshold and no way to claim it back.
The short version before the detail: this is an estimator built on the statutory slab tables, not a reader of your Form 16. Where it makes an assumption, it says so here rather than hiding it.
The individual slab tables for a person below sixty. The old regime carries separate, slightly wider basic exemptions for senior citizens at sixty and super senior citizens at eighty, and this calculator does not switch to them. Someone in those age bands will see a figure a little higher than their real old regime liability, and an unchanged one in the new regime, where age makes no difference to the slabs.
Long and short term capital gains are taxed at their own special rates and are not slab income, so entering a gain here will overstate or understate the tax depending on the asset. Lottery and betting winnings carry a flat rate. Rental income and bank interest, by contrast, are ordinary slab income and can be added to the figure you enter. If your income is a mixture, calculate the slab portion here and treat the special-rate portion separately.
Professional tax, which is a state levy capped at 2,500 a year by the Constitution, is not applied here because it varies by state. Advance tax instalments, interest under Sections 234A, 234B and 234C, relief under Section 89 for arrears, and foreign tax credits are all outside the scope. The result is the annual liability, not a payment schedule.
The total is rounded to whole rupees at the end, not at each step, so the working stays internally consistent. The monthly figure is simply the annual total divided by twelve. Real employers rarely deduct in twelve equal instalments: TDS is usually recalculated as the year progresses and as you declare investments, so early months and late months often differ.
Slabs, rebates and surcharge bands are set by the Finance Act each February and take effect from 1 April. This calculator names the financial year it runs in its stats strip and in the slab heading above. If those say a year that has passed, treat the figure as historical and verify against the Income Tax Department portal before acting on it.
The people who get the most out of a slab-by-slab working are the ones who have been handed a number and told to accept it. An employee whose January payslip suddenly deducted far more than December's. A fresher who has just crossed the rebate threshold and wants to know why a small raise triggered a bill at all. A consultant with no employer doing the arithmetic for them, who can start from the freelance income calculator and bring the annual figure here. An HR team explaining a TDS schedule to twenty people at once. A pensioner checking whether the standard deduction still applies to them, which it does. And anyone weighing two offers, where the honest comparison is after tax rather than before it, which the annual salary calculator and the hourly to salary calculator help set up.
Yes. The calculator runs the slabs, the standard deduction, the Section 87A rebate and the surcharge bands that apply for FY 2026-27, assessment year 2027-28. The Finance Act 2025 set this rate structure and Budget 2026 carried it forward unchanged, so the same figures also apply to FY 2025-26. The financial year is named in the stats strip and again above the slab table, and it is rolled every 1 April.
Under the new regime the rebate cancels your entire tax bill when taxable income is 12,00,000 or less, up to a maximum of 60,000. Above that line it does not stop dead. Marginal relief keeps tax capped at the income above 12,00,000, so the rebate tapers away and finally disappears at roughly 12,70,588 of taxable income. Under the old regime the rebate is a clean cliff at 5,00,000, worth up to 12,500, with no relief above it.
Enter gross annual income. The calculator subtracts the standard deduction itself, so you do not need to work out taxable income first. Do not enter CTC: it includes employer provident fund and a gratuity provision that are not your income at all, so it will overstate your tax. If CTC is the only figure you hold, convert it first with the CTC to in-hand calculator at /salary-calculators/ctc-to-in-hand-salary/ and bring the gross figure back here.
TDS is the same annual liability collected in instalments. Your employer estimates your yearly tax, divides it across the remaining months and deducts that much from each payslip, then recalculates whenever your declared investments or your salary change. That is why the deduction often jumps in January and February, when unproven declarations are dropped. The monthly figure here is simply the annual total divided by twelve; to work in monthly terms throughout, use /salary-calculators/monthly-salary-calculator/.
It covers income taxed at the ordinary slab rates: salary, pension, business and professional income, rental income and bank or deposit interest. Add those together and enter the total. It does not handle income taxed at special rates, which means capital gains on shares, mutual funds or property, and lottery or betting winnings. Those carry their own flat rates rather than slab rates, so entering them here will produce the wrong answer.
Yes, with one thing to settle first. Enter your net professional income after expenses, not your gross receipts, and choose the option for income with no standard deduction, because that deduction belongs to salary and pension only. If you use presumptive taxation, work out the presumed profit under the scheme that applies to you and enter that figure. The freelance income calculator at /salary-calculators/freelance-income-calculator/ helps get to the annual number.
No. This calculator estimates what you owe so you can plan, check a payslip or sanity-check an employer's TDS. Filing happens on the government's own income tax portal, using the figures on your Form 16 and Form 26AS. Treat the result here as a check on those documents rather than a replacement for them, and never as a substitute for advice on a complicated return.
Not at the moment, and the page will not pretend otherwise. What it does have is a copy button under the results that puts the entire working on your clipboard as tab separated text: every slab row, the rebate, surcharge, cess and the total. Paste that straight into Excel or Google Sheets and the labels and amounts land in separate columns with no reformatting needed.
Surcharge starts once total income passes 50,00,000 and is charged on the tax, not on the income. It runs at ten percent above 50,00,000, fifteen percent above 1,00,00,000 and twenty five percent above 2,00,00,000, where the new regime stops. The old regime adds a thirty seven percent band above 5,00,00,000. Marginal relief applies at every threshold, so crossing one by a small amount never costs more than the amount itself.
That is a comparison question rather than a computation one, and it has its own tool at /salary-calculators/old-vs-new-tax-regime/. The short version: the old regime only wins once your deductions are large. On 15,00,000 of salary this calculator gives 97,500 under the new regime, and matching that under the old one needs roughly 5,43,750 of deductions on top of the standard deduction. Run both and compare rather than guessing.
No. Every calculation runs inside your own browser. The income figure you type is never sent to a server, written to a database or shared with anyone, and the calculator sets no cookie and asks for no account or email address. Close the tab and the number is gone. The copy button uses your device clipboard and does not transmit anything either.
One income figure in, the whole working out: every slab, the rebate, surcharge, cess and the monthly TDS behind it. Free, private, and nothing is stored.
📋 Calculate My Income TaxAlready know your tax? Find the figure that reaches your bank with the in-hand salary calculator, weigh the two regimes on the old versus new tax regime calculator, check a lump sum with the bonus calculator or the leave encashment calculator, or browse all of the salary calculators for India.