Income-tax Act, 2025 · Tax Year 2026-27 (was AY 2027-28) · Salary TDS, corresponding to erstwhile Section 192
TDS on Salary Calculator
Compares tax payable under the Old Regime and the New Regime (the default regime unless an employee opts out) for one employee, with the full breakdown for each — so you can see which regime actually works out cheaper before advising them.
Before you rely on this for a filing: the slab rates, standard deduction (₹75,000 new / ₹50,000 old) and rebate thresholds (₹12,00,000 new / ₹5,00,000 old) below are confirmed for Tax Year 2026-27 under the Income-tax Act, 2025. Two things this tool deliberately does NOT do: (1) apply marginal-relief smoothing to the surcharge for income just above the ₹50L/₹1Cr/₹2Cr/₹5Cr thresholds — verify separately if an employee is in that range; (2) cite a single confirmed new-Act clause number for the Section 87A-equivalent rebate — professional references disagree (some say Clause 156, some 157) pending settled practice, so this tool computes the correct rebate amount without asserting which clause number to quote in a document.
Old Regime
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| Gross Salary | ₹0 |
| Less: HRA Exemption | ₹0 |
| Less: Standard Deduction | ₹50,000 |
| Less: Professional Tax | ₹0 |
| Less: Sec 80C (capped 1.5L) | ₹0 |
| Less: Sec 80D (capped 25k) | ₹0 |
| Less: NPS 80CCD(1B) (capped 50k) | ₹0 |
| Less: Home Loan Interest (capped 2L) | ₹0 |
| Employer NPS exempt u/s 80CCD(2) — cap 10% of Basic | ₹0 |
| Add: Employer NPS above the cap (taxable) | ₹0 |
| Taxable Income | ₹0 |
| Tax (before rebate) | ₹0 |
| Less: Rebate (Sec 87A-equivalent) | ₹0 |
| Surcharge | ₹0 |
| Health & Education Cess (4%) | ₹0 |
| Total Tax Payable | ₹0 |
| Approx. Monthly TDS | ₹0 |
New Regime (Default)
Fill in the details and calculate.
| Gross Salary | ₹0 |
| Less: Standard Deduction | ₹75,000 |
| Employer NPS exempt u/s 80CCD(2) — cap 14% of Basic | ₹0 |
| Add: Employer NPS above the cap (taxable) | ₹0 |
| Taxable Income | ₹0 |
| Tax (before rebate) | ₹0 |
| Less: Rebate + Marginal Relief | ₹0 |
| Surcharge | ₹0 |
| Health & Education Cess (4%) | ₹0 |
| Total Tax Payable | ₹0 |
| Approx. Monthly TDS | ₹0 |
Basis: New Regime slabs (Tax Year 2026-27) — nil up to ₹4L, 5% (₹4-8L), 10% (₹8-12L), 15% (₹12-16L), 20% (₹16-20L), 25% (₹20-24L), 30% above ₹24L, with marginal relief so tax never exceeds the amount by which taxable income crosses ₹12L. Old Regime slabs (unchanged) — nil up to ₹2.5L, 5% (₹2.5-5L), 20% (₹5-10L), 30% above ₹10L, with a hard cutoff (not marginal relief) at the ₹5L rebate threshold. Surcharge: 10% (income >₹50L), 15% (>₹1Cr), 25% (>₹2Cr), and — Old Regime only — 37% above ₹5Cr (New Regime caps surcharge at 25% regardless of income). Approx. Monthly TDS is simply annual tax ÷ 12 — an estimate; actual month-to-month TDS deducted by payroll depends on when in the year an employee submits Form 12BB and how the employer's payroll software smooths the deduction.