India Income Tax Calculator 2026
Calculate your exact net salary in India after Income Tax — New Tax Regime (default from FY2024-25) and social security. All 7 tax brackets. Updated Q1 2026.
Your employer pays an additional ₹6,750 (13.5% of gross). Total employment cost = ₹56,750.
How income tax works in India
Income tax in India is administered by the Income Tax Department, Ministry of Finance under Income Tax — New Tax Regime (default from FY2024-25). New regime shown. EPF: employee 12%, employer 12%. Brackets in INR.
India uses a progressive schedule of 7 brackets: each slice of income is taxed at the rate of the band it falls in — not your highest rate applied to the whole salary. Social security (12.0% of gross) is deducted first; income tax is then applied to the remainder band-by-band.
India pays salaries across 12 monthly instalments.
Key tax dates in India
| Event | Date / Note |
|---|---|
| Tax year start | 1 January |
| Tax year end | 31 December |
| Filing deadline | 31 July (non-audit); 31 October (audit required) |
| Withholding regime | Income Tax — New Tax Regime (default from FY2024-25) |
Deductions and allowances
- ·Standard deduction INR 75,000 (new regime)
- ·NPS employer contribution (up to 14% of basic)
- ·Old regime: 80C INR 150,000, HRA, 80D medical, home loan interest
New regime shown. EPF: employee 12%, employer 12%. Brackets in INR.
Special tax regimes
Two regimes: New (default, lower rates, no deductions) and Old (higher rates, full deductions). Rebate u/s 87A: zero tax if total income ≤ INR 700,000 (new regime).
Read full guide →All 7 brackets for 2026
| # | Income Range (₹) | Marginal | Effective at Top |
|---|---|---|---|
| 01 | ₹0 — ₹400,000 | 0% | 12.0% |
| 02 | ₹400,000 — ₹800,000 | 5% | 13.9% |
| 03 | ₹800,000 — ₹1,200,000 | 10% | 15.8% |
| 04 | ₹1,200,000 — ₹1,600,000 | 15% | 17.7% |
| 05 | ₹1,600,000 — ₹2,000,000 | 20% | 19.6% |
| 06 | ₹2,000,000 — ₹2,400,000 | 25% | 21.5% |
| 07 | ₹2,400,000 — ∞ | 30% | — |
Source · Income Tax Department, Ministry of Finance · Data updated Q1 2026
Frequently asked
What is the income tax rate in India?+
India applies progressive Income Tax — New Tax Regime (default from FY2024-25) rates from 0.0% on the lowest band up to 30.0% on the highest, across 7 brackets in 2026.
How much social security do you pay in India?+
Employees pay 12.0% of gross salary as social security. New regime shown. EPF: employee 12%, employer 12%. Brackets in INR.
What is the Income Tax — New Tax Regime (default from FY2024-25) personal allowance in India?+
The main allowances are: Standard deduction INR 75,000 (new regime); NPS employer contribution (up to 14% of basic). See §03 for the full list.
When do you file taxes in India?+
The filing deadline in India is 31 July (non-audit); 31 October (audit required). Tax year runs 1 January to 31 December.
How much take-home pay on ₹600,000 gross in India?+
On a ₹600,000 gross salary the effective rate is 13.1%, leaving approximately ₹521,600 net per year — about ₹43,467 per month across 12 payments. (For reference: ₹50,000 gross nets ₹44,000.)
Does India have any special tax regimes for expats?+
Two regimes: New (default, lower rates, no deductions) and Old (higher rates, full deductions). Rebate u/s 87A: zero tax if total income ≤ INR 700,000 (new regime).
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