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Salary Tax Estimator

Capped at ₹1,50,000
Estimated tax
₹97,500
Net annual pay
₹14,02,500
Monthly take-home
₹1,16,875
Effective rate
6.5%

New regime tax ₹97,500 vs old regime ₹2,02,800, New regime saves ₹1,05,300. Surcharge above ₹50 lakh not included.

By Nayeem, Software Developer of fastsavemedia.comLast reviewed

How this estimator works

Enter annual salary and bonus. For India the tool compares new and old regimes, applies its standard deductions, rebate and cess, and uses entered 80C, 80D and eligible HRA amounts for the old regime. It displays the lower estimated tax; surcharge is not included.

US and UK limitations

The US calculation uses hard-coded federal brackets starting at $11,925 and a $15,000 standard deduction, plus simplified Social Security and Medicare. Those are not the 2026 figures formerly stated here. State and local taxes, Additional Medicare Tax and individual filing circumstances are not fully modeled. Check the applicable tax year before relying on a result.

The UK calculation uses England, Wales and Northern Ireland income-tax bands, a tapered personal allowance and simplified employee National Insurance. Scottish income-tax bands are not supported.

Planning estimates only

Monthly take-home is gross annual income minus estimated modeled taxes, divided by 12. Other payroll deductions and individual circumstances can change actual net pay. Confirm applicable dates, rates, eligibility and deductions with payroll or a qualified tax adviser.

Frequently asked questions

Which countries are supported?
India new versus old regimes; US federal income tax plus simplified FICA; and England, Wales and Northern Ireland income tax plus simplified employee NI. US state/local taxes and Scottish income-tax bands are not included.
Are deductions supported?
India old-regime inputs include capped 80C, 80D and calculated eligible HRA. The new-regime model applies its standard deduction, not those old-regime deductions. US and UK branches use their hard-coded allowance rules, not a general entered deduction.
Is this an official tax computation?
No, this is an estimator for planning only. Always confirm with a tax professional or your payroll team.
Why is my take-home lower than expected?
Take-home is also reduced by PF/EPF, NPS, professional tax, health insurance and any voluntary deductions outside this calculator.