1Choose Tax Regime

Select Compare Both to instantly see which regime saves more for your income profile.

2Income Details

Annual Gross Income

₹

Enter exact amount e.g. 1500000 for ₹15 lakh

Age Group

City Type _{(affects HRA exemption)}

Basic Salary Annual _{(needed for HRA calc)}

₹

3Deductions Old Regime only

HRA and Rent (Section 10-13A)

HRA Received Annual

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Rent Paid Annual

₹

Section 80C - Maximum ₹1,50,000

Total 80C Investments _{(EPF + PPF + ELSS + LIC + NSC + Home Loan Principal + Tuition Fees)}

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Maximum allowed: ₹1,50,000

Section 80CCD(1B) - NPS Additional, Maximum ₹50,000

NPS Contribution _{(additional over 80C, over and above ₹1.5L limit)}

₹

Maximum allowed: ₹50,000

Section 80D - Health Insurance Premium

Self and Family Premium

₹

Limit: ₹25,000 (₹50,000 if senior citizen)

Parents Premium

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Limit: ₹25,000 (₹50,000 if parents are senior)

Self or Spouse is Senior Citizen (60+) - limit raised to ₹50,000 Parents are Senior Citizens (60+) - limit raised to ₹50,000

Home Loan and Other Deductions

Home Loan Interest - Section 24b _{(Max ₹2,00,000)}

₹

80E - Education Loan Interest _{(No maximum limit)}

₹

80EEA - Affordable Housing _{(Max ₹1,50,000)}

₹

80G - Donations Claimed _{(50% of amount is deductible)}

₹

80TTA / 80TTB - Savings Interest

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Max ₹10,000 (₹50,000 for senior citizens via 80TTB)

Professional Tax Paid _{(per year)}

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Maximum allowed: ₹2,500 per year

Results update as you type. Based on Income Tax Act 1961 for FY 2024-25.

Tax Summary

FY 2024-25 / AY 2025-26

Income Tax Slabs India FY 2024-25 (AY 2025-26)

Reference slabs for both regimes as per Budget 2024. Surcharge and 4% cess apply additionally.

New Tax Regime Slabs - Default from FY 2023-24

Income Range	Tax Rate
Up to ₹3,00,000	Nil
₹3,00,001 to ₹6,00,000	5%
₹6,00,001 to ₹9,00,000	10%
₹9,00,001 to ₹12,00,000	15%
₹12,00,001 to ₹15,00,000	20%
Above ₹15,00,000	30%

Standard deduction ₹75,000 (Budget 2024). Section 87A rebate: zero tax if taxable income up to ₹7,00,000.

Old Tax Regime Slabs (Below 60 Years)

Income Range	Tax Rate
Up to ₹2,50,000	Nil
₹2,50,001 to ₹5,00,000	5%
₹5,00,001 to ₹10,00,000	20%
Above ₹10,00,000	30%

Standard deduction ₹50,000. Section 87A rebate up to ₹12,500 if taxable income up to ₹5,00,000. All Chapter VI-A deductions apply.

Use Old Regime if your total deductions (80C + HRA + NPS + 80D + home loan interest) exceed approximately ₹3,75,000. Use New Regime if deductions are low - especially for income below ₹7 lakh where zero tax applies via Section 87A rebate. Use Compare Both above for your exact savings.

New Regime: if taxable income is up to ₹7,00,000, entire tax liability (up to ₹25,000) is waived. Old Regime: if taxable income is up to ₹5,00,000, tax up to ₹12,500 is waived. This results in zero tax for incomes under these thresholds.

Surcharge on taxable income: 10% for ₹50L to 1Cr, 15% for ₹1Cr to 2Cr, 25% for ₹2Cr to 5Cr, 37% above ₹5Cr (Old Regime only - New Regime capped at 25%). 4% Health and Education Cess applies on (tax + surcharge) for all taxpayers.

1Tax Regime for TDS

Determines your monthly TDS deduction. New Regime is the default from FY 2023-24.

2CTC and Salary Structure

Annual CTC (Cost to Company)

₹

Total employer cost including PF and gratuity

Basic Salary as % of Gross _{(typical 40 to 50%)}

40%

City Type _{(HRA rate)}

Monthly Rent Paid _{(enter 0 if not renting)}

₹

Annual Variable Pay / Bonus

₹

LTA Annual _{(if part of CTC)}

₹

3EPF - Provident Fund

EPF applicable (mandatory for organisations with 20 or more employees) Calculate EPF on actual basic salary, not capped at ₹15,000 statutory ceiling

Employee: 12% of basic. Employer: 12% (3.67% to EPF + 8.33% to EPS). EPF interest rate 8.25% p.a. for FY 2024-25.

4ESI - Employee State Insurance

ESI applicable (only when monthly gross salary is ₹21,000 or below)

Employee: 0.75% of gross. Employer: 3.25% of gross. Covers medical, maternity and disability benefits.

5Professional Tax

State of Employment

Delhi, UP, Rajasthan, Haryana, Punjab, Bihar and Himachal Pradesh do not levy Professional Tax.

Follows EPF Act, ESI Act and Income Tax Act provisions for FY 2024-25.

Salary Breakdown

FY 2024-25

CTC vs Gross vs In-Hand Salary - India 2025

Understanding your salary structure for better financial planning.

What is CTC and how is it structured?

Basic Salary - typically 40 to 50% of CTC
HRA - 50% of basic (metro) or 40% (non-metro)
Special Allowance - balancing component
LTA, Medical Allowance and other allowances
Employer PF contribution - 12% of basic
Employer ESI - 3.25% if gross is below ₹21,000
Gratuity provision - approx 4.81% of basic per year
Variable Pay or Annual Bonus

EPF Rules FY 2024-25

Mandatory for organisations with 20 or more employees
Employee contribution: 12% of basic salary
Employer: 3.67% to EPF and 8.33% to EPS (total 12%)
Statutory wage ceiling: ₹15,000 per month for basic
EPF interest rate: 8.25% per annum for FY 2024-25
Tax-free withdrawal after 5 continuous years of service

Step 1: Identify CTC components - basic, HRA, allowances, employer PF, gratuity provision. Step 2: Gross = CTC minus employer PF and gratuity (employer costs). Step 3: In-hand = Gross minus employee EPF (12%) minus ESI (0.75% if applicable) minus Professional Tax minus TDS. Typically in-hand is 65 to 78% of CTC.

By law, EPF is mandatory only up to ₹15,000 basic per month for new enrollees. Many companies voluntarily calculate on full basic. Toggle between both options in the calculator above to see the difference.

Formula: (Basic + DA) x 15 x Years of Service / 26. With basic ₹50,000 and 5 years: Gratuity = 50,000 x 15 x 5 / 26 = ₹1,44,231. Minimum 5 continuous years required. Up to ₹20 lakh is tax-free. Paid only at resignation or retirement.

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