Calculate your net salary with PayEasyCalc, a free salary and tax calculator for FY 2025-26 India—compare old vs new tax regimes easily!
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Understanding your net salary after tax is crucial for financial planning, especially with India’s evolving tax regimes. Whether you’re a salaried professional, HR manager, or tax enthusiast, knowing how to calculate salary after tax in India for FY 2025-26 can save you time and money. With PayEasyCalc, a free salary calculator India FY 2025-26, this process becomes effortless. Here’s a step-by-step guide to mastering it.
Start with your gross salary—the total amount before deductions. For example, let’s say you earn ₹25,00,000 annually. Include components like basic salary, allowances (e.g., HRA), and bonuses. PayEasyCalc simplifies this by letting you input your gross salary directly into its free tax calculator tool.
India offers two tax regimes for FY 2025-26: the old regime with deductions (e.g., Section 80C, HRA) and the new regime with lower rates but fewer exemptions. The old regime might suit you if you have significant investments, while the new regime is simpler for minimal deductions. PayEasyCalc lets you compare both instantly—select "Old Regime" or "New Regime" to see the difference.
In the old regime, subtract standard deductions (₹50,000), employee PF contributions (e.g., ₹21,600 for ₹1,800 monthly), and other exemptions like Section 80C (up to ₹1,50,000). In the new regime, you get a higher standard deduction (₹75,000) and PF, but no other tax-saving options. Input these into PayEasyCalc’s fields for an accurate taxable income calculation.
For FY 2025-26, tax slabs differ by regime. In the old regime (below 60 years): ₹0-₹2,50,000 (0%), ₹2,50,001-₹5,00,000 (5%), ₹5,00,001-₹10,00,000 (20%), above ₹10,00,000 (30%). In the new regime: ₹0-₹4,00,000 (0%), ₹4,00,001-₹24,00,000 (gradual rates), above ₹24,00,000 (30%). PayEasyCalc automatically applies these slabs to your taxable income, saving you manual math.
Add a 4% health and education cess to your tax amount. For our ₹25,00,000 example, the old regime yields a taxable income of ₹24,28,400, tax of ₹5,41,020, plus ₹21,640.80 cess—total ₹5,62,660.80. The new regime gives ₹24,03,400 taxable, ₹3,01,020 tax, plus ₹12,040.80 cess—total ₹3,13,060.80. Subtract this from gross salary (minus PF) to get your net salary. PayEasyCalc does this in seconds.
This free income tax calculator India 2025 simplifies complex calculations, compares regimes, and includes PF and HRA options—all for free. Whether you’re in Mumbai, Delhi, or anywhere in India, it’s your go-to tax planning tool. Try PayEasyCalc today to calculate your net salary for FY 2025-26 effortlessly!
No, the New Tax Regime does not allow HRA exemptions. However, you can claim Employer NPS contributions under Section 80CCD(2).
You can choose between a fixed ₹1,800 per month contribution or 12% of your basic pay (capped at ₹1.5L annually).
The standard deduction is ₹75,000 for the New Regime and ₹50,000 for the Old Regime in FY 2025-26.
The Rebate under Section 87A is a tax relief provided by the Indian government to resident individuals. For FY 2025-26:
Version: 1.2
This is a simulation tool. Consult a tax professional for accurate advice.