🇮🇳 India · New regime (Section 115BAC)
In-Hand Salary Calculator FY 2026-27
Under the new regime for FY 2026-27, salaried income up to ₹12.75 lakh is effectively tax-free (₹75,000 standard deduction + Section 87A rebate). Above that, slabs run 5% to 30% plus 4% cess. On a ₹15 lakh CTC 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).
Salary after tax — quick links
Pre-calculated FY 2026-27 in-hand breakdowns for common salaries:
FY 2026-27 New-Regime Slabs (Section 115BAC)
| 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 87A 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 Section 87A rebate cancels 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.
Comparing offers abroad? Run the same package through the UK calculator or the German calculator — India's effective rate at ₹15L (~6.5%) is strikingly lower than the UK's at the equivalent salary.
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? +
The new regime is the default and wins for most salaried people without large deductions. The old regime can still win if your combined deductions (80C, HRA, home-loan interest, NPS) are substantial — roughly ₹4.5L+ of deductions at a ₹15L salary. This tool models the new regime only.
Why does the rebate stop at ₹12 lakh taxable income? +
Section 87A targets relief at lower and middle incomes. Marginal relief prevents a cliff edge: if your taxable income is ₹12.1L, your tax is capped at ₹10,000 (the excess over ₹12L) rather than the slab-calculated ~₹61,500.