Overview: Free Salary Calculator FY 2026-27 India. Compare New & Old Tax Regimes. Calculate monthly in-hand salary, Income Tax, PF & PT with standard deduction.
Salary Calculator FY 2026-27
New vs Old Tax Regime Comparison 100% Private (Calculates in your browser. No data is sent to our servers.)
Comprehensive Guide to Salary Calculation in India (2026-27)
In the financial year 2026-27, the Indian government has further rationalized the New Tax Regime, making it the default and most beneficial choice for a vast majority of salaried professionals. This PDFTEQ tool is specifically designed to provide high-precision calculations based on the latest 2026 budget amendments, including the enhanced Standard Deduction of ₹75,000.
New Tax Regime Slabs for FY 2026-27
- Up to ₹4,00,000: NIL Tax
- ₹4,00,001 - ₹8,00,000: 5% Tax
- ₹8,00,001 - ₹12,00,000: 10% Tax
- ₹12,00,001 - ₹16,00,000: 15% Tax
- ₹16,00,001 - ₹20,00,000: 20% Tax
- ₹20,00,001 - ₹24,00,000: 25% Tax
- Above ₹24,00,000: 30% Tax
Understanding In-Hand vs. CTC
Your Cost to Company (CTC) is the total amount an employer spends on you annually. However, your Take-home salary is significantly different due to statutory deductions.
Frequently Asked Questions
Is the New Tax Regime better than the Old one in 2026?
For most employees without significant investments in HRA or Home Loans, the New Regime offers lower tax rates and a higher standard deduction of ₹75,000, making it more favorable.
How is Professional Tax (PT) calculated?
PT is a state-level tax. In Gujarat and Maharashtra, it is usually ₹200 per month (₹2,400 per year).