Income Tax & Salary Calculators (FY 2025-26)
Work out your income tax, compare the old and new regimes, and see your real in-hand salary, all updated for FY 2025-26 (AY 2026-27). These tools are for salaried individuals and anyone trying to understand where their money goes before it reaches their account.
Available Calculators
Tax Guides & Analytical Studies
Income Tax in India: The Complete Guide
Understand the Indian tax system, progressive tax heads, and filing basics.
Read GuideOld vs New Tax Regime — Who Saves More?
Side-by-side analysis, breakeven thresholds, and marginal relief compared.
Read GuideHow to Save Tax Under Section 80C
Compare PPF, ELSS, SSY, and FDs to maximize your annual deductions.
Read GuideCapital Gains Tax on Shares & Mutual Funds
Understand the STCG (20%) and LTCG (12.5%) rules after recent changes.
Read GuideHRA Exemption — How to Calculate & Claim
Learn the 3-step calculation formula and landlord PAN rules.
Read GuideSalary Tax Slabs — Full Rupee Breakdown Study
Compare actual tax liabilities and effective rates from ₹5L to ₹50L.
Read GuideMapping your salary to the right bank products? See our review of the best credit cards in India.
Frequently Asked Questions
Which tax regime should I choose: old or new?
The optimal regime depends on your eligible tax deductions (like Section 80C, 80D, HRA, and Home Loan interest). Under the New regime, the slabs are wider and tax rates are lower, but you give up most exemptions. Under the Old regime, you can claim exemptions to lower your taxable income. Use Ganakam's side-by-side calculators to evaluate what works best for your salary level.
What is the difference between CTC and in-hand salary?
Cost to Company (CTC) represents the total annual expenditure an employer incurs on an employee, including retirals (employer PF, gratuity) and gross salary. In-hand or take-home salary is the net amount credited to your bank account monthly after deducting employee PF, professional tax, and income tax liabilities.
Is income up to ₹12 lakh really tax-free?
Yes. Under the New Tax Regime, individuals with a taxable income up to ₹12 Lakhs qualify for a full tax rebate of up to ₹60,000 under Section 87A, rendering their net tax liability zero. For salaried individuals, this threshold extends to ₹12.75 Lakhs after applying the standard deduction of ₹75,000.