Tax Planning

Income Tax · Take-home Salary

Compare Old vs New regime, model take-home with employer NPS (sec 80CCD(2)), HRA exemption, LTCG 1.25L exemption. Rates auto-load from configured Finance Act tables — update yearly.

Financial YearSlabs are read from /src/lib/taxRates.js — add a new FY entry post-Budget to update.

Inputs

Salary & Inputs

Enter ANNUAL figures. Employer NPS allowed 14% (new) / 10% (old) of Basic+DA.

Basic Salary

₹

DA (Dearness Allowance)

₹

HRA (received)

₹

Special / Other Allowances

₹

Other Income (interest etc.)

₹

Annual Rent Paid (for HRA, old regime)

₹

City Type

Employer NPS contribution (% of Basic+DA)

Old-regime deductions

80C (PF, ELSS, LIC, PPF…)

₹

80CCD(1B) — Self NPS

₹

80D — Medical Insurance

₹

24(b) — Home Loan Interest

₹

Capital Gains (current FY)

LTCG — Equity / MF (sec 112A)₹1.25L exempt · 12.5%

₹

STCG — Equity / MF

₹

Recommendation · FY 2026-27 (AY 2027-28)

New Tax Regime saves more · ₹94,380

Verdict is based on total tax (incl. surcharge & cess). Capital-gains tax is added on top of both, identically. New regime has lower marginal rates and a 60K rebate up to ₹12L taxable.

Gross CTC (incl. emp NPS)

₹24.00 L

₹24,00,000

Employer NPS (80CCD(2))

₹1.20 L

₹1,20,000

Taxable Income

₹22,05,000

Total Tax (incl. cess)

₹2,61,300

Employer NPS Allowed (14%)

₹1,20,000

Surcharge

₹0

Annual Take-home

₹20,18,700

Monthly Take-home

₹1,68,225

Note: Calculations are illustrative. Surcharge slabs, marginal relief, employer-NPS limits, and rebate-87A boundaries are applied per the Finance Act for the chosen FY. Employee EPF (12% of Basic) is NOT deducted here — your in-hand will be lower by that contribution (which builds your EPF corpus separately).