Take-Home Salary Calculator India 2026 — Old vs New Tax Regime | AttendancePay Take-Home Salary Calculator India 2026 — Old vs New Tax Regime | AttendancePay - AttendancePay
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Take-Home Salary Calculator

Automatically compares the old and new tax regimes, calculates HRA exemption and state-wise Professional Tax, and shows your real in-hand salary — no manual TDS guessing.

City type (for HRA exemption)

Capped at ₹1,50,000. Only reduces tax under the old regime.

Gender

The New Tax Regime saves you more

You pay ₹17,160 less per year under the new regime with these inputs.

New Regime

Taxable income₹6,45,000
Tax + cess (annual)₹0
Monthly TDS₹0

Old Regime

Taxable income₹5,20,000
Tax + cess (annual)₹17,160
Monthly TDS₹1,430

Monthly breakdown (New regime)

Basic salary₹30,000
Gross salary₹60,000
– Employee PF₹3,600
– Employee ESI₹0
– Professional Tax (Maharashtra)₹200
– TDS₹0
In-hand (take-home) salary₹56,200

₹200/month (₹300 in February) — annual total ₹2,500.

Take-home / year: ₹6,74,400
Approx. CTC / year: ₹7,80,516

Old vs New tax regime — what's actually different

The new regime (default since FY 2023-24) has lower slab rates and a ₹75,000 standard deduction, plus a Section 87A rebate that makes tax-free income up to ₹12,75,000/year (₹12,00,000 taxable + standard deduction) — but you cannot claim HRA, 80C or most other deductions.

The old regime has higher slab rates and only a ₹50,000 standard deduction and ₹12,500 rebate (up to ₹5,00,000 taxable), but lets you claim HRA exemption, Section 80C (up to ₹1,50,000) and other deductions — which can make it cheaper if you pay significant rent or invest heavily in PPF/ELSS/insurance.

This calculator computes both automatically from your inputs and tells you which one actually costs less — the right answer depends entirely on your HRA/rent and 80C numbers, not a fixed rule.

Frequently asked questions

How is in-hand salary calculated?

In-hand (net) salary = Gross salary − employee PF − employee ESI − Professional Tax − TDS. TDS is computed automatically from your gross salary, HRA/rent and 80C inputs under both tax regimes — you don't need to know it in advance.

Which tax regime should I choose — old or new?

It depends entirely on your HRA/rent and Section 80C investments. The new regime has lower slab rates and a bigger standard deduction but no HRA/80C deductions; the old regime has higher rates but lets you claim HRA exemption and up to ₹1,50,000 under 80C. This calculator computes both automatically and tells you which one actually costs less for your numbers.

Is income up to ₹12 lakh really tax-free under the new regime?

Yes — via the Section 87A rebate (up to ₹60,000), taxable income up to ₹12,00,000 (roughly ₹12,75,000 gross salary, after the ₹75,000 standard deduction) pays zero tax under the new regime for FY 2025-26/2026-27. Marginal relief applies just above that threshold so a small increase in income can't cost more in extra tax than the income itself.

What is the difference between CTC and in-hand salary?

CTC (Cost to Company) is the total amount an employer spends on you, including employer PF, employer ESI and gratuity. In-hand salary is what reaches your bank account after all deductions, and is always lower than CTC.

How much Professional Tax is deducted?

Professional Tax varies by state and is capped at ₹2,500 per year. Maharashtra, Karnataka, Telangana, West Bengal and Tamil Nadu levy it (each with different slabs and, in some cases, gender-based exemptions); Delhi, Uttar Pradesh, Haryana and several other states don't levy it at all. This calculator applies the correct state slab automatically.

Disclaimer: These calculators provide indicative estimates for FY 2025-26 based on standard statutory rules and the inputs you enter. Actual figures depend on your salary structure, state, applicable exemptions and the latest government notifications. Please consult a qualified payroll or tax professional before making decisions.