Take-Home Pay Calculator

Your take-home pay (net salary) is what actually lands in your bank account after income tax. It is always less than your gross salary — and the gap is your effective tax burden.

The steps

1. Start with your gross annual salary.
2. Subtract the standard deduction (₹75,000 new regime, ₹50,000 old).
3. In the old regime, also subtract eligible deductions (80C, 80D, etc.).
4. Apply the slab rates to the taxable amount.
5. Add 4% health & education cess.
6. Take-home = gross − total tax.

Worked example

For a ₹12,00,000 gross salary in the new regime:

• Standard deduction = ₹75,000 → taxable = ₹11,25,000
• Slab tax on ₹11,25,000 (new regime FY 2025-26) = ₹62,500
• Because taxable ≤ ₹12,00,000, the 87A rebate wipes it to ₹0
• Total tax = ₹0 → monthly take-home ≈ ₹1,00,000

For a ₹15,00,000 salary:

• Taxable = ₹14,25,000 → slab tax ₹93,750
• Cess 4% = ₹3,750 → total tax ₹97,500
• Annual take-home = ₹14,02,500 → monthly ≈ ₹1,16,875

New vs old regime

• New regime: lower slab rates, ₹75,000 standard deduction, minimal deductions allowed.
• Old regime: higher slab rates, ₹50,000 standard deduction, but you can claim 80C, 80D, HRA, home-loan interest and more.

Run both through this calculator — for many taxpayers the new regime wins on salary income alone, but the old regime can pull ahead once deductions stack up.