India salary calculator for 2026/27

How to use this calculator

Use this calculator when the new regime and Maharashtra employment fit. EPF Basic+DA is required as a separate input because it cannot honestly be inferred from gross salary.

1. Enter annual or monthly gross salary, or a target net amount.
2. Enter monthly EPF Basic+DA up to the verified INR 15,000 statutory ceiling.
3. Choose the statutory Maharashtra profession-tax category and add annual taxable components.
4. Review the standard deduction, tax, rebate/marginal relief effect, EPF, profession tax and exclusions.

Worked example

Input

INR 1,275,000 annual gross · INR 15,000 monthly EPF Basic+DA · men category

Output

Taxable income INR 1,200,000; income tax INR 0 after rebate; employee EPF INR 21,600; profession tax INR 2,500; annual net INR 1,250,900

The example illustrates the official INR 12.75 lakh gross no-tax point under the stated standard-deduction assumptions.

Method and formula

• Monthly salary × 12 gives the annual basis; the INR 75,000 standard deduction reduces taxable salary.
• The 0%–30% new-regime slabs apply. Section 87A removes up to INR 60,000 at taxable income through INR 12 lakh, with marginal relief immediately above.
• Section 516 rounds total taxable income and final tax payable to the nearest INR 10 after discarding paise, with a final digit of 5 rounded upward.
• Surcharge and threshold marginal relief apply through INR 5 crore, followed by 4% health and education cess before final statutory rounding.
• Employee and employer EPF are each 12% of user-entered monthly Basic+DA, capped at INR 15,000; Maharashtra profession tax follows the selected statutory category.

Included assumptions

• Resident salaried individual using the default 2026/27 new regime.
• Employment is in Maharashtra for all 12 months.
• EPF uses the entered Basic+DA and statutory wage ceiling, not a guessed CTC split.

Limits and exclusions

• Old regime, HRA/LTA, NPS, gratuity, ESIC, other states and special-rate income are excluded.
• Income above INR 5 crore is rejected because the supported surcharge model stops there.
• The statutory profession-tax schedule requires the displayed men/women category; the calculator does not infer identity.

Privacy

Salary and statutory category selections are calculated locally and never uploaded or appended to the URL.