Income Tax Calculator
| Slab | Taxable | Rate | Tax |
|---|
Income Tax Calculator India – In Hand & Take Home Salary Calculator
Use our Income Tax Calculator to calculate your in-hand salary after tax, monthly take home salary, and total tax liability in India. This calculator works for salaried employees, professionals, and government employees under the 7th CPC and 8th Pay Commission.
Whether you are searching for a CTC to in-hand salary calculator, salary calculator India, or take home salary calculator after tax, this tool gives accurate results instantly.
What is an Income Tax Calculator?
An income tax calculator is an online tool that helps you estimate the income tax payable and your final take home salary after deductions like EPF, professional tax, and applicable income tax.
It is especially useful for understanding your in-hand salary calculator India results before accepting an offer or planning tax savings.
Difference Between CTC, Gross Salary & In-Hand Salary
- CTC (Cost to Company): Total annual cost spent by employer.
- Gross Salary: Salary before tax but after employer EPF & gratuity.
- In-Hand Salary: Final salary received after tax and deductions.
This salary calculator bridges the gap between CTC to in-hand salary clearly.
How Income Tax is Calculated in India
Step 1: Calculate Gross Salary
Gross Salary = CTC − Employer EPF − Gratuity
Step 2: Calculate Taxable Income
Taxable Income = Gross Salary − EPF − HRA − LTA − Insurance − Tax Saving Investments
Step 3: Apply Income Tax Slab
Tax is calculated based on the selected tax regime: Old Tax Regime or New Tax Regime.
Step 4: Calculate Take Home Salary
Take Home Salary = Gross Salary − Income Tax − EPF − Professional Tax
Income Tax Slabs – New Tax Regime (FY 2025-26)
| Income Slab | Tax Rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Popular In-Hand Salary Calculations
- 5 LPA in-hand salary: ₹38,000 – ₹41,000
- 10 LPA in-hand salary: ₹70,000 – ₹77,000
- 12 LPA in-hand salary: ₹82,000 – ₹90,000
- 20 LPA in-hand salary: ₹1.25 – ₹1.42 lakh
These values may vary based on tax regime, city (HRA), and deductions.
Who Should Use This Income Tax Calculator?
- Salaried employees in private companies
- Government employees under 7th & 8th CPC
- People comparing old vs new tax regime
- Job seekers checking CTC to take home salary
Frequently Asked Questions (FAQs)
Which tax regime is better?
The best tax regime depends on your deductions. If you claim HRA, 80C, and insurance, old regime may be beneficial. Otherwise, new regime may save tax.
Is professional tax mandatory?
Yes, professional tax is applicable in many Indian states with a maximum annual limit of ₹2,500.
Does this calculator support 8th Pay Commission?
Yes, this tool can be used as an 8th pay commission salary calculator to estimate in-hand salary after tax.
Why Use Our Income Tax Calculator?
- Accurate TDs on salary calculator
- Supports 7th CPC & 8th CPC salary calculator
- Fast monthly & yearly salary calculation
- India-specific tax rules
Start using our Income Tax Calculator India today to know your exact take home salary and plan your finances better.