Estimate taxable income, tax + cess, and monthly in-hand after PF and professional tax — using the same pure engine as the rest of SalaryExit India.
How SalaryExit calculates estimates (methodology, FY scope, and limits).
Figures are modeled estimates — see the accuracy card under the title for what is direct vs assumed.
Engine snapshot: gross ₹12,00,000/year, new regime, PT ₹2,500/year, employee PF ₹1,50,000/year → estimated monthly in-hand ₹87,291.67 (FY slabs + 87A model in code).
Payslips include timing effects (arrears, bonuses), flex components, perquisites, and actual TDS adjustments. This tool uses a simplified annual model.
No. It’s an educational estimate. Use Form 16, AIS, and a CA/tool for filing.
A salary breakdown is the calculation chain from your gross salary down to the amount you can actually spend. For salaried employees in India, this involves income tax (TDS), provident fund contributions, professional tax, and occasionally other employer-specific deductions. Each of these moves independently depending on your income level, state of employment, and payroll structure.
Taxable income under both regimes is gross salary minus the standard deduction — ₹75,000 under the new regime and ₹50,000 under the old regime for FY 2025-26. The old regime allows additional deductions on top: HRA exemption for those paying rent, Section 80C investments up to ₹1.5 lakh, NPS contributions under Section 80CCD, and others. Whether the old or new regime produces a lower tax bill depends entirely on the scale of these deductions relative to gross salary.
TDS (Tax Deducted at Source) is how employers collect income tax in advance. Your employer estimates your full-year tax liability in April, divides it roughly by 12, and deducts that amount each month. If your income varies — bonus in one month, perquisites in another — TDS adjustments happen mid-year. This is why your monthly payslip deduction for tax can look different from annual tax liability ÷ 12 in some months. The calculator spreads the estimated annual tax evenly, which is a simplified but useful approximation for planning.
Professional tax is often overlooked in salary planning. It is a state-level levy — Maharashtra, Karnataka, Andhra Pradesh, West Bengal, and several other states collect it. Rates vary by state and income band, but for salaried employees the maximum annual liability is typically ₹2,400–₹3,000. It is deducted from your gross before income tax is calculated in some interpretations, though the exact treatment depends on the employer’s payroll system.