🇮🇳 India Salary & Tax Calculator — Take-Home Pay 2026
Enter your salary to see your estimated take-home pay after the old and new income tax regimes. Pre-filled with a typical India salary so it's ready to use.
= ₹1,20,00,00,00,000 per year (12000 crore)
Estimated monthly take-home
₹5,62,00,47,729
₹67,44,05,72,750 per year · 39.0% goes to tax & contributions
| Item | Per year | Per month |
|---|---|---|
| Gross salary | ₹1,20,00,00,00,000 | ₹10,00,00,00,000 |
| Income tax (new regime) | −₹35,99,95,57,500 | −₹2,99,99,63,125 |
| Surcharge | −₹8,99,98,89,375 | −₹74,99,90,781 |
| Health & education cess (4%) | −₹1,79,99,77,875 | −₹14,99,98,156 |
| Professional taxMaharashtra | −₹2,500 | −₹208 |
| Employee EPF12% of basic — goes to your EPF | −₹5,76,00,00,000 | −₹48,00,00,000 |
| Take-home pay | ₹67,44,05,72,750 | ₹5,62,00,47,729 |
⚠ Professional-tax figures vary by state slab and are pending verification — see methodology.
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources. Always confirm with an official tax authority or a licensed adviser before making decisions.
Quick answer: On a 12 LPA salary in India, you take home approximately ₹94,992 per month after tax and contributions (0.2% deducted).
India new-regime tax slabs FY 2026-27
| Taxable income | Rate |
|---|---|
| Up to ₹4,00,000 | 0% |
| ₹4,00,000 – ₹8,00,000 | 5% |
| ₹8,00,000 – ₹12,00,000 | 10% |
| ₹12,00,000 – ₹16,00,000 | 15% |
| ₹16,00,000 – ₹20,00,000 | 20% |
| ₹20,00,000 – ₹24,00,000 | 25% |
| Over ₹24,00,000 | 30% |
A §87A rebate makes taxable income up to ₹12 lakh effectively tax-free. The old regime has fewer, higher slabs but allows deductions. A 4% cess applies on tax.
How your Indian in-hand salary is calculated
In India, your take-home pay turns on two choices: which tax regime you use, and how your CTC is structured. The new regime is now the default and, after the 2025 budget, makes income up to about ₹12.75 lakh effectively tax-free for salaried employees. The old regime keeps higher rates but lets you claim deductions like 80C, HRA and home-loan interest.
Crucially, the salary on your offer letter (CTC) is not what reaches your bank. Employer PF, gratuity and other provisions sit inside CTC but never become cash, and your own PF, professional tax and income tax are deducted before in-hand pay. Our India tools handle both the regime choice and the CTC bridge.
Start with gross salary (CTC minus employer-side contributions). A standard deduction is subtracted (₹75,000 under the new regime, ₹50,000 under the old), and under the old regime you can also subtract deductions you claim. The result is your taxable income.
Tax is applied slab by slab. The new regime has slabs from 0% up to 30%, with a §87A rebate that zeroes tax for taxable income up to ₹12 lakh. The old regime has fewer, higher slabs but a much smaller rebate ceiling. A 4% health-and-education cess is added on top of the tax.
Your own deductions then reduce in-hand cash: employee Provident Fund (12% of basic pay, which accrues to your retirement account rather than being lost) and professional tax (up to ₹2,500 a year in many states, none in others).
House Rent Allowance can be partly tax-exempt if you pay rent, and the exemption is larger in the four metro cities (Mumbai, Delhi, Kolkata, Chennai) than elsewhere. This is why salary structure, not just CTC, decides your take-home.
India take-home pay by state
Across India's states, tax and cost of living can vary — pick yours for a take-home figure tuned to local rules:
Freelancers & the self-employed
Freelancers and professionals can use presumptive taxation (sections 44ADA/44AD), declaring a fixed percentage of receipts as income and skipping detailed bookkeeping below turnover limits. It's a very different calculation from salaried TDS — see the freelancer calculator.
India salary breakdowns
| Gross salary | Net per year | Net per month |
|---|---|---|
| 3 LPA | ₹2,83,100 | ₹23,592 |
| 7 LPA | ₹6,63,900 | ₹55,325 |
| 10 LPA | ₹9,49,500 | ₹79,125 |
| 15 LPA | ₹13,28,000 | ₹1,10,667 |
| 20 LPA | ₹17,09,100 | ₹1,42,425 |
| 30 LPA | ₹23,77,700 | ₹1,98,142 |
| 50 LPA | ₹36,57,700 | ₹3,04,808 |
Is this a good salary in India?
Salary in India is discussed in LPA (lakhs per annum), and 15 LPA is a strong package well above the organised-sector median. But in-hand depends on regime and structure: 15 LPA under the new regime takes home far more than the same figure would have a few years ago. City matters too — 15 LPA stretches further in Hyderabad than in Mumbai.
Compare with another country
See how India take-home pay stacks up against United States.
India vs US take-home →Frequently Asked Questions
+Is 12 lakh salary tax free in India?
Under the new regime, taxable income up to ₹12 lakh gets a full §87A rebate, so income tax is zero. With the ₹75,000 standard deduction, a gross salary up to about ₹12.75 lakh can be tax-free — provided you choose the new regime.
+What is the difference between CTC and in-hand salary?
CTC is the employer's total cost, including employer PF and gratuity you never receive as cash. In-hand salary is what reaches your account after employer contributions are excluded and your PF, professional tax and income tax are deducted — typically 70–85% of CTC.
+Should I choose the old or new tax regime?
The new regime wins for most people because of its lower rates and large rebate. The old regime can be better if you claim large deductions (80C, HRA, home-loan interest). Compute both with our Old vs New Regime calculator before deciding.
+How much is 15 LPA in hand per month?
On a 15 LPA package under the new regime in a state with professional tax, monthly in-hand is roughly ₹1.0–1.1 lakh after income tax, PF and professional tax — though it depends on your exact salary structure and basic pay.
+What is professional tax?
Professional tax is a small state-level tax on salaried income, capped at ₹2,500 a year in most states that levy it. Some states (such as Delhi, Haryana and Uttar Pradesh) don't charge it at all, which slightly raises in-hand pay there.
+Does employee PF reduce my take-home?
Yes, but it isn't lost. Your 12% PF contribution lowers monthly cash but accumulates in your EPF account with employer matching and interest — forced retirement saving rather than a tax. Our breakdown shows it separately.
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources (last reviewed June 2026). Always confirm with an official tax authority or a licensed adviser before making decisions.