India salary calculator 2026-27
Work out take-home pay in India for 2026-27 from your gross salary, find the gross needed for a target net, or see what a hire really costs. Every deduction is shown step by step.
Defaults to your region. Switch to compare any other scale.
FY 2026-27 (1 April 2026 – 31 March 2027), new tax regime under the Income-tax Act 2025, resident individual under 60. Not included: the old regime with its deductions (80C, HRA), professional tax (state-specific) and the employee's own NPS contributions.
Result
₹1,366,500.00
Net pay per year
Gross ₹1,500,000.00 · employer cost ₹1,536,000.00
- Gross pay (per year)₹1,500,000.00
- Income tax (new regime)−₹93,750.00
- Health & education cess (4%)−₹3,750.00
- Provident fund, employee (EPF 12%)−₹36,000.00
- Total employee deductions−₹133,500.00
- Net pay (per year)₹1,366,500.00
- + Provident fund & pension, employer (EPF + EPS 12%)+₹36,000.00
- Total employer cost (per year)₹1,536,000.00
- Tax-free allowance used (per year)₹75,000.00
- Taxable income (per year)₹1,425,000.00
- Effective deduction rate8.9%
- Tax year2026-27
Rules used
FY 2026-27 (1 April 2026 – 31 March 2027), new tax regime under the Income-tax Act 2025, resident individual under 60. Not included: the old regime with its deductions (80C, HRA), professional tax (state-specific) and the employee's own NPS contributions.
Step-by-step breakdown
| Item | Rate | Base per year | Per month | Per year |
|---|---|---|---|---|
| Gross pay | ₹125,000.00 | ₹1,500,000.00 | ||
| − Income tax (new regime) | ₹1,425,000.00 | ₹7,812.50 | ₹93,750.00 | |
| − Health & education cess (4%) | 4% | ₹93,750.00 | ₹312.50 | ₹3,750.00 |
| − Provident fund, employee (EPF 12%) | 12% | ₹300,000.00 | ₹3,000.00 | ₹36,000.00 |
| = Net pay | ₹113,875.00 | ₹1,366,500.00 | ||
| + Provident fund & pension, employer (EPF + EPS 12%) | 12% | ₹300,000.00 | ₹3,000.00 | ₹36,000.00 |
| = Total employer cost | ₹128,000.00 | ₹1,536,000.00 |
About this tool
Under the default new tax regime for FY 2026-27, salaried employees deduct a ₹75,000 standard deduction. Slabs: nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% for each further ₹4 lakh, and 30% above ₹24 lakh. A rebate makes tax nil up to ₹12 lakh of taxable income (with marginal relief just above), surcharge applies above ₹50 lakh, and 4% cess is added. EPF members contribute 12% of basic pay + DA; the statutory wage ceiling rose to ₹25,000 a month on 17 September 2026.
The employer matches 12% of PF wages: 8.33% goes to the pension scheme (EPS, on wages up to ₹25,000 a month) and the rest to the provident fund. EDLI insurance, EPF administration charges, gratuity, ESI and state labour welfare funds are not included.
FY 2026-27 (1 April 2026 – 31 March 2027), new tax regime under the Income-tax Act 2025, resident individual under 60. Not included: the old regime with its deductions (80C, HRA), professional tax (state-specific) and the employee's own NPS contributions.
Formula
Net = Gross − income tax − employee social contributionsEmployer cost = Gross + employer contributionsNet → gross: solve Net(Gross) = target by bisection
How it is calculated
- Choose the country (each has its own page and tax year).
- Pick gross → net, net → gross or employer budget, then enter the amount per month or per year.
- Set personal options such as dependants, tax class, region or state.
- Read the step-by-step breakdown of every tax and contribution, plus the total employer cost.
Questions
How is net salary calculated in India?
Under the default new tax regime for FY 2026-27, salaried employees deduct a ₹75,000 standard deduction. Slabs: nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% for each further ₹4 lakh, and 30% above ₹24 lakh. A rebate makes tax nil up to ₹12 lakh of taxable income (with marginal relief just above), surcharge applies above ₹50 lakh, and 4% cess is added. EPF members contribute 12% of basic pay + DA; the statutory wage ceiling rose to ₹25,000 a month on 17 September 2026.
How much does an employee cost the employer in India?
The employer matches 12% of PF wages: 8.33% goes to the pension scheme (EPS, on wages up to ₹25,000 a month) and the rest to the provident fund. EDLI insurance, EPF administration charges, gratuity, ESI and state labour welfare funds are not included.
Can I work out the gross salary from a net amount?
Yes. Choose “Net → gross”: the calculator searches for the gross salary whose deductions leave exactly your net amount, then shows the full breakdown. “Employer budget” does the same starting from the total cost.
Which tax year and rules does the calculator use?
FY 2026-27 (1 April 2026 – 31 March 2027), new tax regime under the Income-tax Act 2025, resident individual under 60. Not included: the old regime with its deductions (80C, HRA), professional tax (state-specific) and the employee's own NPS contributions.
Sources
- Union Budget 2026-27 — Memorandum explaining the Finance Bill (rates for tax year 2026-27, s. 202 Income-tax Act 2025)
- Income-tax Act, 2025 — s. 19 (₹75,000 standard deduction), s. 156 (rebate up to ₹60,000), s. 202 (default rates)
- PIB — EPFO wage ceiling revised to ₹25,000 from 17 Sep 2026 (S.O. 5109(E))