Free Hindustan income tax calculator 2026 for FY 2026-27 (AY 2027-28). Enter your gross salary — annual, monthly, weekly, or hourly — to instantly see your net pay after tax, income tax, cess, EPF deduction, effective tax rate, and marginal tax rate. Covers the latest New Tax Regime slabs with rebate u/s 87A (zero tax up to ₹12L). Includes tax by income table for quick reference across salary levels.
Quick reference: annual income tax, net pay, and effective tax rate for common salary levels under New Regime FY 2026-27 (salaried, ₹75K standard deduction, includes cess, excludes EPF).
| Annual Salary (₹) | Income Tax (₹) | 4% Cess (₹) | Total Tax (₹) | Net Pay (₹) | Avg Tax Rate | Monthly Net |
|---|
⚠ Based on New Regime FY 2026-27, salaried employee (₹75K standard deduction). EPF not included. Tax = ₹0 up to ₹12.75L gross due to 87A rebate + standard deduction.
| Income Slab | Tax Rate | Tax on Slab |
|---|---|---|
| Up to ₹4 Lakh | Nil | ₹0 |
| ₹4L – ₹8L | 5% | Up to ₹20,000 |
| ₹8L – ₹12L | 10% | Up to ₹40,000 |
| ₹12L – ₹16L | 15% | Up to ₹60,000 |
| ₹16L – ₹20L | 20% | Up to ₹80,000 |
| ₹20L – ₹24L | 25% | Up to ₹1,00,000 |
| Above ₹24L | 30% | 30% on excess |
✓ Rebate u/s 87A: Total tax = ₹0 for net taxable income up to ₹12L. Salaried standard deduction ₹75,000 → gross salary up to ₹12.75L is completely tax-free.
⚠ Surcharge: 10% (₹50L–₹1Cr) | 15% (₹1Cr–₹2Cr) | 25% (above ₹2Cr). Plus 4% cess on all tax.
Choose Annual, Monthly, Weekly, Daily, or Hourly. The calculator automatically converts your input to annual for tax computation and shows results in all formats.
Type your gross salary in the selected rate. For salaried employees, this is your CTC or gross annual salary. ₹75,000 standard deduction is automatically applied for salaried type.
Choose Individual, Senior Citizen (60+), or Very Senior Citizen (80+). Select Salaried or Self-Employed. Optionally add NPS employer contribution (80CCD(2)) to reduce taxable income further.
Instantly view net take-home pay, income tax, cess, EPF, average tax rate, marginal tax rate, monthly TDS, and slab-wise breakdown with visual bars. Check the Tax by Income table below for quick reference.
Step 1: Gross Salary − Standard Deduction (₹75K) − NPS 80CCD(2) = Taxable Income
Step 2: Apply New Regime slab rates progressively on Taxable Income
Step 3: If Taxable Income ≤ ₹12L → Full Rebate u/s 87A → Tax = ₹0
Step 4: Add Surcharge if income > ₹50L
Step 5: Add 4% Health & Education Cess on (Tax + Surcharge)
Step 6: EPF = 12% of Basic (estimated as 50% of gross)
Example — ₹15L annual salary:
Taxable = 15,00,000 − 75,000 = ₹14,25,000
Tax = 0 + 20,000 + 40,000 + 33,750 = ₹93,750 → Cess ₹3,750 → Total = ₹97,500
Enter salary as Annual, Monthly, Weekly, Daily, or Hourly — just like Talent.com. The calculator auto-converts to annual for computation and shows net pay in all formats simultaneously.
Built-in reference table showing income tax, net pay, and effective rate for 15+ common salary levels — from ₹3L to ₹50L. See instantly how much tax applies at each income level.
Full deduction breakdown including EPF (12% of basic), 4% Health & Education Cess, surcharge for high earners, and slab-wise visual bar chart — showing your real cost of employment.
Whether you earn ₹5 lakh or ₹50 lakh, this free India income tax calculator 2026 gives you an instant, accurate picture of your net pay after tax under the New Regime for FY 2026-27. Enter salary in any format — annual, monthly, or hourly — and see your income tax, EPF, cess, effective rate, and marginal rate in seconds. Bookmark for salary negotiations, ITR planning, and Form 12BB declaration.
