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Salary Calculator

Take-home salary (FY 2026-27)

Reviewed by the PaisaTools Editorial Team · Last reviewed September 2026 · Applicable to FY 2026-27 (AY 2027-28)

How to use: Enter your gross annual salary — we apply the new-regime FY25-26 tax.

Example₹12.75 lakh gross → ₹0 tax (87A rebate) → full take-home

₹

Your total annual salary (CTC before tax)

New tax regime, FY 2026-27. Includes the ₹75,000 standard deduction and the §87A rebate (zero tax up to ₹12 lakh taxable). Surcharge above ₹50 lakh taxable is applied; marginal relief just past a threshold is not, so a figure right on one reads slightly high. Excludes PF and professional tax — those vary by employer/state.

Take-home (per month)

₹1,00,000

Annual take-home

₹12,00,000

Total tax / year

₹0

Take-home vs tax (per year)

  • Annual take-home₹12,00,000100%
  • Total tax₹00%

Tax breakdown

Gross salary
₹12,00,000
Standard deduction
− ₹75,000
Taxable income
₹11,25,000
Income tax (rebate applied)
₹0
Health & education cess (4%)
₹0
Total tax
₹0

Your taxable income is within ₹12 lakh — the §87A rebate makes your income tax zero.

This computes income tax under the new regime, FY 2026-27 and shows your take-home after tax. It applies the ₹75,000 standard deduction, the slab rates, the §87A rebate (nil tax up to ₹12 lakh taxable), and 4% cess.

It deliberately excludes PF and professional tax — those depend on your employer and state, and folding in guesses would make the tax figure wrong. This keeps the income-tax number exact.

Income tax is computed using the new-regime slabs, the ₹75,000 standard deduction and the Section 87A rebate (nil tax up to ₹12 lakh taxable income) for FY 2026-27, plus 4% health & education cess — as specified in the Income Tax Act and notified by the Income Tax Department, Government of India. PF and professional tax vary by employer and state and are excluded here.

  • PF, gratuity and allowance structures vary by employer.
  • Professional tax is state-specific.
  • The tax portion simplifies surcharge/cess and assumes standard deductions.
Which tax regime does this use?
The new regime for FY 2026-27 (AY 2027-28) — the default regime. It applies the ₹75,000 standard deduction and the revised slabs announced in Budget 2025.
Why is my tax zero up to ₹12 lakh?
The §87A (section 156 of the new Income-tax Act, 2025) rebate makes income tax nil for taxable income up to ₹12,00,000. With the ₹75,000 standard deduction, a gross salary up to ₹12.75 lakh pays no income tax.
What are the FY 2026-27 new-regime slabs?
0–4L: nil · 4–8L: 5% · 8–12L: 10% · 12–16L: 15% · 16–20L: 20% · 20–24L: 25% · above 24L: 30%. Plus 4% health & education cess on the tax.
Does this include PF and professional tax?
No — this shows income-tax and the resulting take-home. PF (usually 12% of basic) and professional tax (state-specific, ~₹200/month) vary by employer and state, so they're left out to keep the tax figure accurate.
Should I pick the old or new regime?
The new regime usually wins unless you have large deductions (80C [section 123 of the new Income-tax Act, 2025], HRA, home-loan interest). Compare both — our old-vs-new blog post walks through the break-even.

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