Salary & Income Tax Calculators (FY 2025-26)
Old regime vs new regime, take-home from CTC, HRA exemption, gratuity, TDS — current Indian tax law.
India's salaried tax landscape changed significantly with Budget 2024: standard deduction in the new regime rose to ₹75,000, the §87A rebate covers taxable income up to ₹7 lakh (with marginal relief above), and the surcharge caps at 25% under the new regime. Every calculator here applies the FY 2025-26 rules.
For most salaried Indians, the two questions that matter are: (1) old or new regime? and (2) what's my actual monthly take-home? Run the Income Tax calculator to compare regimes for your income, then use Take-Home Salary for the monthly number after PF and tax deductions.
Calculators in this category
Old vs new regime side-by-side comparison with rebate and surcharge.
Open →Full CTC breakdown: basic, HRA, PF, gratuity, in-hand monthly.
Open →Monthly take-home from any CTC, after PF + PT + tax.
Open →HRA exemption using the lowest-of-three rule.
Open →Payment of Gratuity Act formula with tax-free limit.
Open →Section 194 TDS rates with PAN/no-PAN comparison.
Open →Tax on bonus and effective in-hand percentage.
Open →Old regime vs new regime — quick guide
New regime is usually better for salaries up to ~₹15 lakh with limited deductions. The lower slabs and ₹75,000 standard deduction produce a lower tax than the old regime unless you can claim ₹2 lakh+ in deductions (PPF + ELSS + home loan interest + HRA + 80D).
Old regime usually wins at income above ₹15-20 lakh if you can fully claim 80C (₹1.5L), 80D (₹25-50K), home loan interest (up to ₹2L), and HRA. The savings can be ₹40-80K/year in this band.
Use the side-by-side comparison to see your exact crossover. The calculator applies §87A rebate, surcharge, and 4% cess automatically.
Common questions about salary deductions
- Why is my take-home less than CTC ÷ 12? CTC includes employer PF, gratuity, and bonus components that don't reach you monthly.
- Is HRA always exempt? No — HRA exemption is the LEAST of (actual HRA, 50%/40% of basic for metro/non-metro, rent paid minus 10% of basic). Old regime only.
- How is gratuity calculated? Payment of Gratuity Act: (Last basic+DA × 15 × years of service) ÷ 26. Years are rounded up if last fractional year is over 6 months.
- Why does my bonus get taxed at a higher rate? It pushes your annual income into a higher slab. The bonus calculator shows the marginal tax rate applied to your specific bonus.