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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 the tax estimator works

The tool takes your gross annual salary + bonus − deductions as taxable income and applies the country's slab rates. The result is divided by 12 for an indicative monthly take-home.

India – New Regime slabs (FY 2026-27 / AY 2027-28)

Income Slab (₹)Rate
0 – 4,00,0000%
4,00,001 – 8,00,0005%
8,00,001 – 12,00,00010%
12,00,001 – 16,00,00015%
16,00,001 – 20,00,00020%
20,00,001 – 24,00,00025%
Above 24,00,00030%

Standard deduction of ₹75,000 for salaried individuals + Section 87A rebate (up to ₹60,000) make incomes up to ₹12 LPA effectively tax-free under the New Regime.

USA – Federal slabs (single filer, TY 2026)

Income ($)Rate
0 – 12,40010%
12,401 – 50,40012%
50,401 – 105,70022%
105,701 – 201,77524%
201,776 – 256,22532%
256,226 – 640,60035%
Above 640,60037%

Source: IRS Rev. Proc. 2025-32. Standard deduction for single filers is $16,100 for 2026.

UK – PAYE slabs (2026-27)

BandIncome (£)Rate
Personal allowance0 – 12,5700%
Basic12,571 – 50,27020%
Higher50,271 – 125,14040%
AdditionalAbove 125,14045%

PAYE thresholds remain frozen through 2026-27 per HM Treasury policy.

Frequently asked questions

Which countries are supported?
India (New Regime), United States (Federal only) and United Kingdom (PAYE). State / local taxes are not included.
Are deductions supported?
Yes — enter total deductions (e.g. 80C, standard deduction, NI, 401k) and they are subtracted before tax is computed.
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.