India Salary After Tax Calculator
Enter your salary to see your FY 2026-27 take-home pay in India, with every deduction explained.
Tax year FY 2026-27INRNew regime income tax, cess and PF
98%kept
Take-home pay · FY 2026-27₹11,75,900per year
- Gross pay₹12,00,000.00
- Income tax−₹0.00
- Professional tax−₹2,500.00
- Employee PF−₹21,600.00
- Take-home₹11,75,900.00
Effective rate2.0%
Marginal tax rate0%
Take-home vs FY 2025-26 ₹0
Pay breakdown
| Period | Gross | Deductions | Take-home |
|---|---|---|---|
| Year | ₹12,00,000.00 | ₹24,100.00 | ₹11,75,900.00 |
| Month | ₹1,00,000.00 | ₹2,008.33 | ₹97,991.67 |
| Week | ₹23,076.92 | ₹463.46 | ₹22,613.46 |
| Day | ₹4,615.38 | ₹92.69 | ₹4,522.69 |
| Hour | ₹480.77 | ₹9.66 | ₹471.11 |
How take-home pay is calculated in India
- Under the new tax regime a ₹75,000 standard deduction is subtracted from salary.
- Slabs: nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% for each ₹4 lakh, and 30% above ₹24 lakh.
- The Section 87A rebate makes taxable income up to ₹12 lakh tax-free (about ₹12.75 lakh salary).
- A 4% health and education cess is added. A surcharge applies above ₹50 lakh.
New tax regime for resident individuals below 60. Employee PF reduces take-home pay but is not deductible under the new regime. Figures are estimates, not tax advice.
Popular salaries in India
Frequently asked questions
How much is ₹12,00,000 a year after tax in India?
With default settings, a ₹12,00,000 annual salary in India leaves about ₹11,75,900 a year after ₹24,100 of deductions, an effective rate of 2.0% (FY 2026-27).
What is ₹12,00,000 a year per month after tax?
About ₹97,992 a month, or ₹22,613 a week.
What hourly rate is ₹12,00,000 a year?
Based on a 48-hour week, it is about ₹480.77 an hour before tax and ₹471.11 after tax.
Is ₹12 lakh salary tax-free in India?
Yes. Under the new regime, salary up to about ₹12.75 lakh is tax-free: the ₹75,000 standard deduction brings taxable income to ₹12 lakh, which the Section 87A rebate fully covers.
