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Salary Tax Calculator 2026 –27

New Regime vs Old Regime · HRA · 80C · 80D · NPS · Surcharge · Monthly Take-Home

💼 Salary Details

Annual CTC / Gross Salary (₹)

₹12.0 L

₹3L₹12.0 L₹50L

Assessment Year

Age Group (affects exemption limits)

📋 Old Regime Deductions

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Fill deductions to compare New vs Old regime accurately

🏠 HRA Exemption

HRA Received (₹/year)

Rent Paid (₹/year)

City Type

📥 Section 80C — Max ₹1.5L

PF / EPF (₹)

PPF (₹)

ELSS / MF (₹)

LIC Premium (₹)

ULIP / Others (₹)

Tuition Fees (₹)

₹21,600 / ₹1,50,000

🏥 Other Deductions

80D — Health Insurance (₹) Max ₹25K

NPS 80CCD(1B) (₹) Extra ₹50K

Home Loan Interest 24B (₹) Max ₹2L

Professional Tax (₹) Max ₹2,500

LTA Exemption (₹) Actual travel cost

80TTA — Savings Interest (₹) Max ₹10K

❓ Frequently Asked Questions

Is New Regime better than Old Regime for FY 2025–26?›

For most salaried employees with CTC ≤ ₹10L and limited deductions, the New Regime is better. Zero tax up to ₹7.75L (₹7L income + ₹75K standard deduction + 87A rebate). Old Regime wins only if your total deductions (HRA + 80C + 80D + NPS + Home Loan) exceed ₹3.75L combined.

What is the standard deduction for salaried employees in FY 2025–26?›

How is HRA exemption calculated?›

What is Section 80C and its limit for FY 2025–26?›

What is the surcharge on income tax?›

What is NPS 80CCD(1B) extra deduction?›

What is Professional Tax and can it be deducted?›

How to calculate monthly take-home salary?›

📌 Key Takeaways — 2026–27

✅ New Regime is now the default for FY 2025–26. Opt for Old Regime only if deductions > ₹3.75L
✅ Zero tax in New Regime if income ≤ ₹7.75L (₹7L income + ₹75K std deduction + 87A rebate)
✅ Old Regime wins if HRA + 80C (₹1.5L) + 80D + NPS + Home Loan all fully claimed
✅ Standard deduction: ₹75,000 (New) vs ₹50,000 (Old) — Budget 2025 change
✅ NPS extra ₹50,000 under 80CCD(1B) reduces tax by ₹15,000 (30% slab)
✅ Surcharge: 10% on income ₹50L–₹1Cr · 15% on ₹1Cr–₹2Cr · 25% on ₹2Cr–₹5Cr
✅ Professional Tax up to ₹2,500 deductible under both regimes
✅ 4% Health & Education Cess applies on total tax (including surcharge)