Salary & income tax calculator
Estimate income tax for Tax Year 2027 (1 July 2026 to 30 June 2027) using the slabs as amended by the Finance Act 2026.
Normal slabs only. Exemptions, allowances, tax credits and separately taxed income (property gains, profit on savings, dividends) are not included. For an exact figure, ask us.
Tax deducted per month
Rs 0
| Annual taxable income | Rs 0 |
| Tax on slabs | Rs 0 |
| Surcharge (income above Rs 10 million) | Rs 0 |
| Total tax for the year | Rs 0 |
| Effective rate | 0% |
| Income after tax, per month | Rs 0 |
Tax Year 2027
Salaried individuals
| Taxable income for the year | Tax |
|---|---|
| Up to Rs 600,000 | Nil |
| Rs 600,001 – 1,200,000 | 1% of the amount above Rs 600,000 |
| Rs 1,200,001 – 2,200,000 | Rs 6,000 + 11% of the amount above Rs 1,200,000 |
| Rs 2,200,001 – 3,200,000 | Rs 116,000 + 20% of the amount above Rs 2,200,000 |
| Rs 3,200,001 – 4,100,000 | Rs 316,000 + 25% of the amount above Rs 3,200,000 |
| Rs 4,100,001 – 5,600,000 | Rs 541,000 + 29% of the amount above Rs 4,100,000 |
| Rs 5,600,001 – 7,000,000 | Rs 976,000 + 32% of the amount above Rs 5,600,000 |
| Above Rs 7,000,000 | Rs 1,424,000 + 35% of the amount above Rs 7,000,000 |
The 9% surcharge on salaried individuals has been withdrawn by the Finance Act 2026, so no surcharge applies to salary income.
Tax Year 2027
Non-salaried individuals and AOPs
| Taxable income for the year | Tax |
|---|---|
| Up to Rs 600,000 | Nil |
| Rs 600,001 – 1,200,000 | 15% of the amount above Rs 600,000 |
| Rs 1,200,001 – 1,600,000 | Rs 90,000 + 20% of the amount above Rs 1,200,000 |
| Rs 1,600,001 – 3,200,000 | Rs 170,000 + 30% of the amount above Rs 1,600,000 |
| Rs 3,200,001 – 5,600,000 | Rs 650,000 + 40% of the amount above Rs 3,200,000 |
| Above Rs 5,600,000 | Rs 1,610,000 + 45% of the amount above Rs 5,600,000 |
A surcharge of 10% of the tax applies where taxable income exceeds Rs 10 million.
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