Income
Deductions
HRA Exemption
Metro city
Uses 50% of basic + DA for HRA limit, else 40%.
Net Income After Tax
₹16,76,920
Total Tax + Cess
₹1,58,080
AI Result Summary
AI ActiveNew regime is currently more tax-efficient
For gross annual income of ₹18,35,000, the new regime gives estimated total tax of ₹1,58,080 with monthly post-tax income of ₹1,39,743.
Key takeaway
This choice is saving about ₹65,000 compared with the alternate regime under these assumptions.
Taxable Income
₹17,60,000
after deductions
Gross Income
₹18,35,000
salary + other sources
Effective Tax Rate
8.61%
of gross income
Monthly Take Home
₹1,39,743
approximate
Tax Saved vs Other Regime
₹65,000
vs old regime
HRA Exemption
₹2,10,000
old regime only
Deductions Used
₹0
selected regime
Tax Before Cess
₹1,52,000
base tax
Health & Education Cess
₹6,080
4% on tax
New Regime Snapshot
Total tax: ₹1,58,080
Taxable income: ₹17,60,000
Standard deduction: ₹75,000
Net annual income: ₹16,76,920
Old Regime Snapshot
Total tax: ₹2,23,080
Taxable income: ₹13,40,000
Deduction used: ₹2,35,000
HRA exemption: ₹2,10,000
Comparison Snapshot
FY 2025-26 / AY 2026-27 style slabsNew Regime
Better fitTotal tax: ₹1,58,080
Take home: ₹1,39,743/mo
Effective rate: 8.61%
Old Regime
Total tax: ₹2,23,080
Take home: ₹1,34,327/mo
Effective rate: 12.16%
Structure inspired by broader tax-planning calculators: separate income, deductions, and HRA inputs with regime comparison. This is still an estimate, not a filing-grade tax engine.
What does this tax calculator do?
This tool gives an approximate Indian income tax estimate for salaried individuals by comparing old and new regimes, applying standard deduction, cess, and selected old-regime deductions.
How to use this Income Tax Calculator
- Enter realistic values based on your current plan or trade setup.
- Review the output metrics, not just the headline number.
- Run multiple scenarios to compare best/base/worst cases.
Practical tips
- Compare both regimes before deciding where tax-saving investments add value.
- Use realistic deduction numbers instead of maxing every section automatically.
- Review take-home impact monthly, not just annual tax outgo.
Model assumptions
- This is an approximate salaried-income estimate for Indian tax planning.
- Surcharge, special-rate income, and employer-specific payroll rules are excluded.
- Actual tax may differ based on slab updates and filing details.
This calculator is for educational purposes only and should not replace advice from a qualified tax professional.