Calculate annual and monthly income tax on salary income after ₹75,000 standard deduction, employer benefits, and Chapter VI-A deductions.
Calculate annual and monthly income tax on salary income after ₹75,000 standard deduction, employer benefits, and Chapter VI-A deductions. Below is the exact mathematical or algorithmic model used by this tax utility, along with its key operating assumptions.
Net Taxable Salary = Gross Salary − Standard Deduction − Eligible Exemptions/Deductions.At ₹12.75 Lakh gross salary in the New Regime, the ₹75,000 standard deduction brings taxable income to ₹12.00 Lakh—resulting in ₹0 tax after Section 87A rebate.
Clear answers to common questions about methodology, edge cases, and privacy.
The standard deduction is ₹75,000 under the New Tax Regime and ₹50,000 under the Old Tax Regime.
No. All calculations inside the Salary Tax Calculator run 100% locally in your browser using deterministic TypeScript formulas. Your income, loan, or investment figures are never uploaded, stored, or shared.
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Enter only eligible, documented exempt amounts for company benefits. Car lease and vehicle reimbursements vary by ownership, engine/EV category, use pattern and employer policy, so this calculator lets you enter the exempt value and taxable perquisite separately.
Capital gains, lottery income, agricultural income integration and other special-rate income need separate treatment and are intentionally excluded.
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Could save ₹1,05,300 compared with the other regime.