Salary Tax Calculator India
Knowing your net take-home pay is essential for monthly budgeting. Our Salary Tax Calculator breaks down your annual CTC into monthly components, deducting professional tax and income tax.
Rs.
Investment deductions (old regime)
Rs.
Rs.
Rs.
New Regime
₹2,15,800
Saves ₹80,600Old Regime
₹2,96,400
Comparison breakdown
Standard Deduction
New₹75,000
Old₹50,000
Taxable Income
New₹17,25,000
Old₹15,75,000
Effective Tax₹2,15,800
Tax saving insights
- You are currently using the New Regime. If you have high HRA or 80C/80D investments, you might save more in the Old Regime.
- Investing in NPS (Section 80CCD) can provide an additional Rs. 50,000 deduction in the Old Regime.
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Tax Rules for Salary Tax Calculator India
Enter your annual salary. The tool divides it monthly and applies the relevant tax slabs for a precise estimate.
CTC of ₹18 Lakh
For an ₹18 LPA salary, your monthly take-home pay under the New Regime would be approximately ₹1,28,000.
Indian Income Tax FAQs
Is PF part of my taxable income?
Employee's contribution to PF is deductible under 80C, reducing your overall tax liability.