Salary Calculator India

Calculate your in-hand salary after income tax, professional tax, and other deductions. Based on latest Indian tax regulations for FY 2024-25.

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How Salary Tax Works in India?

Your in-hand salary is calculated by deducting taxes and other amounts from your gross salary. The main components are:

  • Gross Salary: Base salary + HRA + Other allowances
  • Standard Deduction: Fixed ₹50,000 deduction under new tax regime (FY 2024-25)
  • Income Tax: Calculated based on tax slabs on taxable income
  • Professional Tax: State-wise deduction, typically ₹200-₹2,500 per month
  • Other Deductions: Insurance, EPF, NPS, health expenses, education loan interest

The new tax regime (introduced from FY 2023-24) offers lower tax slabs with standard deduction, while the old regime allows individual deductions like 80C, 80D, etc. Choose the regime that provides maximum benefits based on your income and deductions.

Frequently Asked Questions

How is in-hand salary calculated?▼
In-hand salary = Gross Salary - Total Deductions (including income tax, professional tax, and other deductions). The deductions are calculated based on your gross salary and applicable tax slabs.
What is standard deduction in India?▼
Standard deduction is a fixed amount (₹50,000 for FY 2025-26) that can be deducted from gross salary under the new tax regime. This reduces your taxable income.
What is professional tax?▼
Professional tax is a tax levied on individuals earning income from employment or profession. The amount varies by state, typically ranging from ₹0 to ₹2,500 per month.
What is HRA exemption?▼
HRA (House Rent Allowance) is exempted from taxable income under certain conditions. Include your HRA in the gross salary to get accurate tax calculations.
Which deductions can I claim?▼
Common deductions include: 80C (insurance, EPF, ELSS), 80D (health insurance), 80E (education loan), HRA exemption, and others. Enter other deductions in the calculator.