Salary tax calculator 2026-27

Enter your monthly taxable salary to see the tax your employer deducts each month and the total for the tax year from 1 July 2026 to 30 June 2027.

These are the rates for salaried individuals, which apply when salary is more than 75% of your taxable income.

How it's calculated

Your yearly salary is the monthly salary times 12 plus any bonus.
Up to Rs. 600,000 a year there is no tax. Then 1% up to Rs. 1.2 million, 11% up to Rs. 2.2 million, 20% up to Rs. 3.2 million, 25% up to Rs. 4.1 million, 29% up to Rs. 5.6 million, 32% up to Rs. 7 million and 35% above that.
Each rate applies only to the part of the salary inside its slab. The monthly deduction is the yearly tax divided by 12.

An example

On Rs. 300,000 a month, the yearly salary is Rs. 3.6 million and the tax is Rs. 416,000, or about Rs. 34,667 a month.

Frequently asked questions

Is there still a surcharge on high salaries?

No. The Finance Act 2026 withdrew the 9% surcharge for salaried individuals. Other individuals with income above Rs. 10 million still pay a 10% surcharge.

What is tax year 2027?

The year from 1 July 2026 to 30 June 2027. Tax deducted from salary in this period uses these slabs.

What if salary is less than 75% of my income?

Then the rates for other individuals apply instead of the salaried slabs, and this calculator does not cover your case.