🇮🇳 India · tax year 2026–27
In-Hand Salary Calculator FY 2026-27
Under the new regime for FY 2026-27, salaried income up to ₹12.75 lakh is may have no modelled income tax on ordinary slab-rate earnings (₹75,000 standard deduction and eligible Section 156 rebate). Above that, slabs run 5% to 30% plus 4% cess. On ₹15 lakh gross annual salary the income tax is about ₹97,500, leaving roughly ₹1,16,875 a month in hand before PF.
New regime, resident salaried individual. Excludes EPF, professional tax and surcharge (applies above ₹50L).
| Line | Yearly | Monthly |
|---|---|---|
| Gross salary | ₹15,00,000 | ₹1,25,000 |
| Standard deduction | −₹75,000 | — |
| Taxable income | ₹14,25,000 | — |
| Income tax (after rebate/relief) | −₹93,750 | −₹7,813 |
| Health & education cess (4%) | −₹3,750 | −₹313 |
| After income tax (before payroll deductions) | ₹14,02,500 | ₹1,16,875 |
Effective tax rate 6.5% of gross salary
Salary after tax — quick links
Pre-calculated FY 2026-27 in-hand breakdowns for common salaries:
2026–27 new-regime tax slabs
| Up to ₹4 lakh | 0% |
| ₹4 lakh – ₹8 lakh | 5% |
| ₹8 lakh – ₹12 lakh | 10% |
| ₹12 lakh – ₹16 lakh | 15% |
| ₹16 lakh – ₹20 lakh | 20% |
| ₹20 lakh – ₹24 lakh | 25% |
| Above ₹24 lakh | 30% |
Plus 4% health & education cess on tax. Section 156 rebate (up to ₹60,000) makes taxable income ≤ ₹12 lakh effectively tax-free. ₹75,000 standard deduction applies to salaried income.
| Gross Salary | Income Tax | In-Hand/yr | In-Hand/mo | Eff. Rate |
|---|---|---|---|---|
| ₹8 lakh | ₹0 | ₹8,00,000 | ₹66,667 | 0% |
| ₹10 lakh | ₹0 | ₹10,00,000 | ₹83,333 | 0% |
| ₹12 lakh | ₹0 | ₹12,00,000 | ₹1,00,000 | 0% |
| ₹12.75 lakh | ₹0 | ₹12,75,000 | ₹1,06,250 | 0% |
| ₹15 lakh | ₹97,500 | ₹14,02,500 | ₹1,16,875 | 6.5% |
| ₹20 lakh | ₹1,92,400 | ₹18,07,600 | ₹1,50,633 | 9.6% |
| ₹30 lakh | ₹4,75,800 | ₹25,24,200 | ₹2,10,350 | 15.9% |
Income-tax-only figures before EPF, professional tax and surcharge (applies above ₹50L). EPF (typically 12% of basic) reduces the bank-credit amount.
How this is calculated
The ₹75,000 standard deduction comes off your gross salary first. The result is taxed through the seven new-regime slabs. If your taxable income lands at ₹12 lakh or below, the eligible Section 156 rebate can cancel the entire tax; just above ₹12 lakh, marginal relief caps your tax at the amount you exceed the limit by, so earning ₹100 more can never cost you thousands. Health & education cess of 4% is added to the final tax.
For an old-versus-new regime comparison, enter eligible 80C, 80D and HRA claims in the India income tax calculator. This page models the new regime only.
Common questions
What changed in Budget 2026? +
Nothing in the slabs — Budget 2026 retained the FY 2025-26 structure (₹4L exemption, rebate to ₹12L). The new Income Tax Act 2025 takes effect from 1 April 2026 but carries the same rates for individuals.
Old regime or new regime — which is better? +
That depends on your income and eligible claims. Compare your actual 80C, 80D and HRA amounts in the linked income tax calculator; this page models the new regime only.
Why does the rebate stop at ₹12 lakh taxable income? +
Section 156 targets relief at lower and middle incomes. Marginal relief prevents a cliff edge: if your taxable income is ₹12.1 lakh, the tax before cess can be limited to ₹10,000 (the excess over ₹12 lakh) rather than the slab-calculated ~₹61,500.
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APA
WorldCalculators.org. (2026, September 23). India In-Hand Salary Calculator FY 2026-27 — New Regime Tax. https://worldcalculators.org/in/in-hand-salary-calculator/
MLA
“India In-Hand Salary Calculator FY 2026-27 — New Regime Tax.” WorldCalculators.org, 23 Sept. 2026, worldcalculators.org/in/in-hand-salary-calculator/.
BibTeX
@misc{worldcalculators2026ininhandsalarycalculator,
title = {India In-Hand Salary Calculator FY 2026-27 — New Regime Tax},
author = {{WorldCalculators.org}},
year = {2026},
howpublished = {\url{https://worldcalculators.org/in/in-hand-salary-calculator/}}
} Figures change when tax years or guidance change. Cite the date shown and link the page so readers see the current version.