In-Hand Salary Calculator 2026-27 (India)
Work out your monthly in-hand salary in India for 2026-27 after income tax, cess and EPF. New or old regime, with every rate shown and editable.
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About the In-Hand Salary Calculator
The In-Hand Salary Calculator shows what reaches your bank account each month from a salary in India for tax year 2026-27 (1 April 2026 – 31 March 2027). Enter your gross salary per year or per month, choose the new or the old tax regime and how you pay into EPF, and the result shows your in-hand pay per year and per month, the total deductions and their share of your gross pay, and a line-by-line breakdown. Every line names its scope ("India · new regime", "India · EPFO" or "India") and the 2026-27 tax year. Amounts use Indian grouping in lakh and crore, such as ₹12,39,000.00.
This page opens with India and the new tax regime already chosen. The same calculator covers other countries on the main Net Salary Calculator, and the Income Tax Calculator India focuses on the tax lines alone.
How in-hand pay is worked out
Income tax
Under the new regime (section 202 of the Income-tax Act, 2025, formerly section 115BAC), your gross salary minus the ₹75,000 standard deduction is taxed at nil up to ₹4,00,000, then 5%, 10%, 15%, 20% and 25% in steps of ₹4,00,000, and 30% above ₹24,00,000. The section 156 rebate (formerly 87A) removes up to ₹60,000 of tax while taxable income is at most ₹12,00,000, and marginal relief keeps the tax above that line from exceeding the income above ₹12 lakh.
Surcharge and cess
A surcharge of 10%, 15% or 25% applies once taxable income passes ₹50 lakh, ₹1 crore or ₹2 crore, with marginal relief at each step. The 4% Health and Education Cess is charged on income tax plus surcharge.
Employee EPF
Employee EPF is 12% of your EPF wages (basic pay plus dearness allowance). The calculator takes EPF wages as 50% of gross, which you can edit, and by default caps them at the ₹25,000 monthly wage ceiling, so EPF is at most ₹36,000 a year. You can also choose full EPF wages, or no EPF if you are not a member.
Worked example
₹12,75,000 a year, new regime
Taxable income is 12,75,000 − 75,000 = 12,00,000. The slab tax is 20,000 + 40,000 = 60,000, and the section 156 rebate removes all of it, so income tax and cess are ₹0.00. EPF is 12% of the capped ₹3,00,000 of wages, ₹36,000.00. In-hand pay is ₹12,39,000.00 a year, or ₹1,03,250.00 a month.
What the estimate leaves out
The result is for one resident individual with salary income only. It leaves out professional tax and other state levies, employer contributions, bonuses, arrears and perquisites, and it does not round income or tax to the nearest ₹10 under section 516. The EPF ceiling rose from ₹15,000 to ₹25,000 a month on 17 September 2026; the calculator uses ₹25,000 for the whole year, so payslips from April to mid-September 2026 show up to ₹1,200 a month less EPF. Under the old regime, enter your deductions and exemptions (section 123 "80C" investments including EPF, health insurance, the HRA exemption) as one yearly amount.
Edit and reset the rates
Every slab, surcharge, cess and EPF rate sits in the Tax rates panel as a field, with its scope, the tax year and its default beside it. Thresholds, the standard deduction, the rebate limits and the EPF ceiling show as read-only text. Change a rate and the result updates at once, with an "Edited" marker; Reset to 2026-27 defaults puts every rate back. To see your gross pay first, use the Gross Pay Calculator.
Official sources
- Income-tax Act, 2025 (Act 30 of 2025)
- Memorandum explaining the Finance Bill, 2026
- EPFO: wage-ceiling FAQs
The rules are checked against these pages; the header of the calculator shows the month they were last checked.
Privacy
Nothing is uploaded; every calculation runs in your browser and never leaves your device. Your salary and the rates you enter are not stored or sent anywhere.
Frequently asked questions
Is a salary of ₹12 lakh tax-free in 2026-27?
Under the new regime, yes, and up to ₹12,75,000 of salary: after the ₹75,000 standard deduction, taxable income of up to ₹12,00,000 is fully covered by the section 156 rebate, so the in-hand pay on ₹12,75,000 is ₹12,39,000 a year after ₹36,000 of EPF.
What is the in-hand salary on ₹20 lakh a year?
Under the new regime, income tax is ₹1,85,000, cess ₹7,400 and EPF ₹36,000, so in-hand pay is ₹17,71,600 a year or ₹1,47,633.33 a month. Deductions are 11.42% of gross.
How is PF worked out on my salary?
Employee EPF is 12% of EPF wages (basic pay plus dearness allowance). The calculator takes EPF wages as 50% of gross, which you can edit, and caps them at the ₹25,000 monthly ceiling by default, so EPF is at most ₹3,000 a month.
Why is my payslip different from this in-hand estimate?
Payslips deduct professional tax, a state levy this page leaves out, and spread TDS over the remaining months of the year. Payslips from April to mid-September 2026 also used the old ₹15,000 EPF ceiling, and the law rounds income and tax to the nearest ₹10.
Is my salary sent anywhere when I use this calculator?
No. Every calculation runs in your browser, and nothing you type, neither the salary nor the regime, deductions or edited rates, is uploaded, stored or shared with anyone.