India Tax Calculator (2026)
Income tax rates and take-home pay for India
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India Income Tax Brackets (2025/26)
| Bracket | Income Range | Rate |
|---|---|---|
| Basic exemption limit | ₹0 - ₹250,000 | 0.0% |
| Slab 1 | ₹250,000 - ₹500,000 | 5.0% |
| Slab 2 | ₹500,000 - ₹1,000,000 | 20.0% |
| Slab 3 | ₹1,000,000+ | 30.0% |
Tax credit: ₹12,500
Employees' Provident Fund (EPF)
| Bracket | Income Range | Rate |
|---|---|---|
| EPF contribution rate | ₹0+ | 12.0% |
Surcharge on income
| Bracket | Income Range | Rate |
|---|---|---|
| No surcharge | ₹0 - ₹5,000,000 | 0.0% |
| Surcharge above 5M | ₹5,000,000 - ₹10,000,000 | 10.0% |
| Surcharge above 10M | ₹10,000,000 - ₹20,000,000 | 15.0% |
| Surcharge above 20M | ₹20,000,000 - ₹50,000,000 | 25.0% |
| Surcharge above 50M (old regime) | ₹50,000,000+ | 25.0% |
Applies when income exceeds ₹5,000,000
Health and education cess
| Bracket | Income Range | Rate |
|---|---|---|
| Health and education cess at 4% | ₹0+ | 4.0% |
Key Facts
Tax Year
2025/26
Currency
INR
Top Rate
30.0%
Brackets
4 brackets
Tax Credit
₹12,500
Social Contributions
1 item
Assumptions
- · Old tax regime is used as the representative default model for salaried employees.
- · Basic exemption limit of INR 250,000 applies (standard for ages under 60).
- · Standard deduction of INR 50,000 is applied against salary income.
- · Surcharge and health & education cess are calculated as separate entities beyond income tax brackets.
- · Tax rebate of lower of income tax or INR 12,500 applies where total income ≤ INR 500,000.
- · Employees' Provident Fund (EPF) contribution of 12% is mandatory for establishments with 20+ employees.
- · EPF is treated as deductible social contribution reducing taxable income.
- · No state or local income taxes are modeled; profession tax varies by state and is nominal.
- · Model assumes resident ordinarily resident (ROR) status with worldwide income scope.
- · No voluntary schemes, church tax, or employer-only charges are included.
- · Surcharge rates on long-term capital gains (capped at 15%) are not modeled as this applies only to capital gains, not salary.
Frequently asked questions
What is the top income tax rate in India?
The highest marginal income tax rate in India is 0.3%. Your effective tax rate will be lower depending on your income level.
How many tax brackets does India have?
India has 4 income tax brackets. Income is taxed in brackets - you only pay the higher rate on income above each threshold, not on your entire income.
How is take-home pay calculated in India?
Take-home pay in India is your gross salary minus income tax, social contributions, and any applicable surcharges. Use the calculator above to see an exact breakdown for your salary.
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