Take-Home Salary After Tax Calculator

Enter your annual taxable income - this is your gross salary minus the ₹75,000 standard deduction (for salaried employees in FY 2024-25) and any other permitted New Regime deductions such as employer NPS contribution under Section 80CCD(2). For example, if your gross annual salary is ₹10,75,000 and you have a ₹75,000 standard deduction, enter ₹10,00,000. Do not enter CTC directly - CTC includes employer PF, gratuity, and other cost components that are not your taxable income.

The calculator applies the New Tax Regime slab rates for FY 2024-25 (0% up to ₹3L, 5% for ₹3L–₹6L, 10% for ₹6L–₹9L, 15% for ₹9L–₹12L, 20% for ₹12L–₹15L, and 30% above ₹15L). It then applies the Section 87A rebate if income is ₹7,00,000 or less (full tax rebate), adds 4% Health and Education Cess on remaining tax, rounds to the nearest rupee, and subtracts from your income to get annual take-home. Monthly take-home is annual ÷ 12.

Section 87A provides a full tax rebate for taxable incomes up to ₹7,00,000 under the New Tax Regime. This means even though slab tax is calculated on the income, the entire calculated tax is rebated (refunded), resulting in zero net tax liability. This provision was specifically expanded in Budget 2023 to benefit the middle-income taxpayer segment. At ₹7,00,001, the rebate disappears entirely and the full slab tax becomes payable - creating a sharp step at that threshold.

This calculator shows take-home after income tax only. Your actual monthly bank credit is further reduced by: Employee Provident Fund (EPF) - 12% of basic salary; Professional Tax - typically ₹200/month (₹2,400/year) in most Indian states, deducted by employer; ESIC - 0.75% of gross salary if gross is below ₹21,000/month; and any voluntary deductions like VPF, NPS, or salary advance repayments. For your exact in-bank amount, use the In-Hand Salary Calculator which accounts for all these components.

This calculator assumes equal monthly distribution of annual income and tax - which matches the majority of Indian salaried employees on fixed monthly pay. However, your actual payslip may differ because: variable pay, bonuses, and LTA are paid unevenly across months; TDS computation by employers uses projected annual income which may be adjusted in later months; joining mid-year or leaving mid-year changes the distribution; and some salary components like quarterly bonuses create unequal months. The monthly figure here is a simple annual average.

No. Surcharge under the New Tax Regime applies on incomes above ₹50 lakhs: 10% surcharge for ₹50L–₹1Cr, 15% for ₹1Cr–₹2Cr, and 25% for incomes above ₹2Cr (New Regime caps surcharge at 25%). This calculator excludes surcharge for simplicity. If your annual income exceeds ₹50 lakhs, the actual total tax will be meaningfully higher than shown here. Use the full Income Tax Calculator on this site for incomes above ₹50 lakhs, which includes surcharge with marginal relief.

The New Regime is better if your tax-saving investments and deductions are low - typically if you claim less than ₹3–4L in deductions. The Old Regime is better if you have significant deductions: home loan interest (Section 24b), HRA exemption, 80C investments (PPF, ELSS, LIC), 80D health insurance, and similar. The break-even point depends on your income - at ₹10L income, you need roughly ₹2.5L+ in deductions for Old Regime to be beneficial. Use the Old vs New Tax Regime Calculator on this site to compare both regimes with your actual numbers.

No. All calculations run entirely in your browser using JavaScript. No income figure or result is transmitted to any server, stored in any database, or shared with any third party. The data exists only in your browser tab during the session and is cleared when you navigate away or close the tab. There is no account, no login, and no data collection of any kind.