Estimate FY 2025-26 income tax and take-home salary.
See your estimated annual tax under old and new regimes, then understand how that changes your monthly salary.
Estimated Monthly Take-Home
Enter your annual salary to see your verdict.
Choose a country and add your salary details. PayVerdict will estimate take-home pay locally in your browser without storing your salary data.
How your income tax is calculated
Your income tax starts from taxable income — gross salary minus the deductions and exemptions you are eligible for. The slab rates of your chosen regime are then applied, and a 4% health and education cess is added on top.
Higher incomes also attract a surcharge, with marginal relief that softens the jump at each threshold. Because the old and new regimes use different slabs and allow different deductions, the same salary can produce two very different tax bills.
This calculator estimates tax under both regimes for FY 2025-26 so you can see the annual difference and the monthly take-home each choice leaves you.
FAQ
How is income tax calculated in India?
Taxable income is your gross salary minus eligible deductions and exemptions. Tax is then applied using the slab rates of your chosen regime, plus health and education cess, with surcharge on higher incomes.
What is the difference between the old and new tax regime?
The old regime has higher slab rates but allows many deductions and exemptions. The new regime has lower slab rates but removes most of them. This calculator estimates both so you can compare.
Does this include cess and surcharge?
Yes. The India model applies the 4% health and education cess and adds surcharge with marginal relief where applicable for higher income bands.
Is the standard deduction included for salaried taxpayers?
Yes, where applicable under the FY 2025-26 assumptions used by the calculator.
Is my salary data stored?
No. PayVerdict calculates locally in your browser and does not store or share raw salary inputs.
Assumptions and disclaimer
- Country: India. Tax year: FY 2025-26. Currency: INR.
- Tax model: Detailed estimate.
- India uses the detailed FY 2025-26 old vs new regime estimate.
- Employee PF, professional tax, deductions, cess, surcharge, and marginal relief are modeled.
- Salary data stays in your browser and is not stored or shared.
PayVerdict provides estimates for educational purposes only. Actual tax liability, EMI, and take-home salary may vary based on lender terms, employer structure, deductions, exemptions, state rules, and rate changes. Please consult a qualified professional before making financial decisions.