Payroll Calculator
🇮🇳 India version
An Indian salary offer is a cost-to-company style figure, and what arrives each month is lower after income tax, the employee's EPF and professional tax. This payroll calculator applies tax year 2026-27 rules under either regime, takes EPF as a share of basic wages, and shows the employer's EPS and EPF share beside monthly in-hand pay.
Use Payroll Calculator online
Payroll Calculator
Take-home pay and employer cost for India, tax year 2026-27. Change the country in the header to use another country's rules.
Pay
The new regime is the default. The old regime allows deductions such as 80C, 80D and HRA exemption.
Used by the old regime only. The new regime has the same slabs at every age.
The standard deduction applies only to salary and pension income.
Old regime only. Annual total of deductions such as 80C, 80D and HRA exemption.
Used to work out EPF. Basic wages are the part of pay that PF is charged on.
Off: EPF is 12% of basic wages up to the 25,000 a month wage ceiling. On: 12% of the full basic.
Set by your state; at most ₹2,500 a year.
An amount taken from each paycheck after tax, such as a union fee. It lowers take-home only.
Net pay
Per pay period (monthly)
- Gross a month
- ₹6,250.00
- Taken off a month
- ₹375.00
- Take-home a month
- ₹5,875.00
- Effective / marginal rate
- 6% / 0%
| Item | Amount a month | Share of gross |
|---|---|---|
| Standard deduction (tax-free) | ₹6,250.00 | |
EPF (employee) A contribution to your provident fund, not a tax. It is yours on withdrawal. 12% of basic wages. | ₹375.00 | 6% |
- New tax regime, tax year 2026-27 (1 April 2026 to 31 March 2027), resident individual.
- Indian tax is rounded to the nearest ₹10 on returns; amounts here are not rounded to ₹10.
- Marginal rate covers income tax, surcharge and cess on the next ₹1,000 (EPF and professional tax excluded). It jumps near the rebate limit and surcharge thresholds because of marginal relief.
- EPF is taken at 12% of basic wages (capped at ₹25,000 a month). Net is after tax, EPF and professional tax.
Where each paycheck goes
- EPF (employee)₹375.00 (6.0%)
- Take-home₹5,875.00 (94.0%)
Net pay at each pay frequency
| Frequency | Gross | Net |
|---|---|---|
| Monthly | ₹6,250.00 | ₹5,875.00 |
Same annual figures; other deductions are treated as the same yearly total.
Annual totals
- Gross a year
- ₹75,000.00
- Taken off a year
- ₹4,500.00
- Take-home a year
- ₹70,500.00
- Effective / marginal rate
- 6% / 0%
| Item | Amount a year | Share of gross |
|---|---|---|
| Standard deduction (tax-free) | ₹75,000.00 | |
EPF (employee) A contribution to your provident fund, not a tax. It is yours on withdrawal. 12% of basic wages. | ₹4,500.00 | 6% |
- New tax regime, tax year 2026-27 (1 April 2026 to 31 March 2027), resident individual.
- Indian tax is rounded to the nearest ₹10 on returns; amounts here are not rounded to ₹10.
- Marginal rate covers income tax, surcharge and cess on the next ₹1,000 (EPF and professional tax excluded). It jumps near the rebate limit and surcharge thresholds because of marginal relief.
- EPF is taken at 12% of basic wages (capped at ₹25,000 a month). Net is after tax, EPF and professional tax.
Employer cost
| Item | Amount a month | Amount a year |
|---|---|---|
| Gross pay | ₹6,250.00 | ₹75,000.00 |
Employer EPS (pension) 8.33% of wages up to the ₹25,000 a month wage ceiling. | ₹260.31 | ₹3,123.75 |
Employer EPF The rest of the employer 12% (3.67% of the same wages when EPF is capped at the ceiling). | ₹114.69 | ₹1,376.25 |
| Total cost to the employer | ₹6,625.00 | ₹79,500.00 |
The employer pays 6.0% on top of gross pay.
Results are estimates for tax year 2026-27 and do not replace the official calculator or guidance from the tax authority (for example: Income Tax Department e-filing portal: tax rates for individuals below 60 (old and new regime, rebate, surcharge, cess, marginal relief)). Hourly pay assumes the same hours every week of the year. Pre-tax health insurance and HSA or FSA deductions (Section 125 plans) are not modelled; enter other after-tax amounts under Other deductions after tax.
🇮🇳 India, tax year 2026-27 (1 April 2026 to 31 March 2027)
Official sources
- Income Tax Department e-filing portal: tax rates for individuals below 60 (old and new regime, rebate, surcharge, cess, marginal relief) checked 2026-11-08
- Income Tax Department e-filing portal: tax rates for senior and super senior citizens checked 2026-11-08
- Finance Bill 2026 memorandum, Income Tax Department (rates for tax year 2026-27 same as already enacted; read from the page extract, page could not be opened) checked 2026-11-08
- PIB: Summary of Union Budget 2026-27 (Income-tax Act, 2025 from April 2026; no change to individual slabs listed) checked 2026-11-08
- Income Tax Department: Income-tax Act, 2025 comes into force from 1 April 2026 (press release; read from the page extract) checked 2026-11-08
- Income Tax Department: standard deduction and rebate pages (read from the page extracts) checked 2026-11-08
- PIB: no income tax up to Rs 12 lakh under the new regime, Rs 12.75 lakh for salaried (read from the page extract) checked 2026-11-08
- EPFO FAQs (employee 12%, employer 3.67% EPF and 8.33% EPS; read from the page extract) checked 2026-11-08
- PIB: EPFO wage ceiling enhanced from Rs 15,000 to Rs 25,000 per month, effective 17 September 2026 (read from the page extract) checked 2026-11-08
- PIB backgrounder: GST Reforms 2025 (5%, 18% and 40% rates from 22 September 2025, examples) checked 2026-11-08
- PIB backgrounder: Next-Gen GST Process Reforms, 9 October 2026 (rate structure still 5%, 18% and 40%) checked 2026-11-08
Not covered
- Resident individuals only. Non-residents, HUFs, companies and firms are not covered.
- Capital gains, business or profession income, house property income, other sources and agricultural income are not modelled; enter only salary or similar income.
- HRA exemption and old regime deductions (80C, 80D and others) are not calculated; add their total in the old regime deductions field.
- Professional tax is entered as an amount, is capped at ₹2,500, and is not deducted from taxable income.
- Employee EPF is taken at 12% of basic wages only; DA, voluntary contributions, NPS and employer NPS are not modelled. The 25,000 a month EPF wage ceiling took effect on 17 September 2026 and is applied to the whole year.
- EDLI and EPF administration charges are not included because the current EDLI wage ceiling could not be confirmed after the ceiling change. ESI is not included.
- The special low GST rates for gold, silver and diamonds could not be confirmed after the September 2025 changes and are left out.
- Slabs, rebate and surcharge for tax year 2026-27 follow the rates published for the previous year, which the Finance Bill 2026 memorandum states are unchanged; the full text of the Income-tax Act, 2025 and Finance Act, 2026 could not be opened.
- Interest, penalties, advance tax, TDS and the choice between regimes for business income are not covered.
India rules and figures
- Employee EPF is 12% of basic wages, and the employer also pays 12%, of which 8.33% goes to the Employees' Pension Scheme.
- The EPF statutory wage ceiling was raised from ₹15,000 to ₹25,000 a month with effect from 17 September 2026.
- Professional tax is levied by states, and this calculator limits it to ₹2,500 a year.
- Under the new regime a salaried person gets a ₹75,000 standard deduction, and the rebate removes tax when taxable income is at most ₹12,00,000.
- Tax year 2026-27 runs from 1 April 2026 to 31 March 2027 under the Income-tax Act, 2025.
Sources: Income Tax Department e-filing portal: tax rates for individuals below 60 (checked 2026-11-08); EPFO FAQs (employee 12%, employer 3.67% EPF and 8.33% EPS) (checked 2026-11-08); PIB: EPFO wage ceiling enhanced from Rs 15,000 to Rs 25,000 per month (checked 2026-11-08); Income Tax Department: Income-tax Act, 2025 comes into force from 1 April 2026 (checked 2026-11-08)
How the payroll calculator works
Salary is gross pay plus any bonus. Income tax, surcharge and cess are worked out for the year under the regime you pick. EPF is a share of basic wages, and professional tax is the amount you enter. Annual figures are divided by 12 for the monthly view.
in-hand per month = (gross − income tax − cess − EPF − professional tax) ÷ 12; EPF = 12% × basic wages up to ₹25,000 a month
- Pay is monthly only, so annual figures are divided by 12. The Pay frequency control has just that one choice.
- Basic wages default to 50% of gross. EPF is 12% of basic, limited to a ₹25,000 a month wage ceiling unless you switch EPF on full basic wages on.
- The employer's 12% is split into 8.33% EPS pension and the rest to EPF, using the same ceiling.
- Professional tax is set by your state, is capped at ₹2,500 a year here, and is not deducted from taxable income.
How to use the payroll calculator
- Pick pay type and frequency. Choose salaried or hourly pay. Pay frequency offers monthly only in India.
- Enter the pay. Type the annual salary in rupees, or an hourly rate with hours and overtime, plus any annual bonus.
- Choose the regime and PF settings. Pick the new or old regime and an age group, then set basic wages as a share of gross, EPF on full basic wages and any professional tax.
- Read the monthly figures. Net pay lists tax, cess, EPF and professional tax per month. Annual totals shows the year, and Employer cost shows EPS and EPF.
- Save the breakdown. Copy breakdown places the figures on the clipboard, and Export CSV downloads them as a table.
Example: ₹12,00,000 salary paid monthly, new regime
Gross pay is ₹1,00,000 a month. After the ₹75,000 standard deduction, taxable income is ₹11,25,000, which the rebate brings to nil income tax. EPF is ₹3,000 a month, 12% of the ₹25,000 wage ceiling, so in-hand pay is ₹97,000, or ₹11,64,000 a year. The employer adds ₹2,082.50 of EPS and ₹917.50 of EPF, so the job costs ₹1,03,000 a month, ₹12,36,000 a year. EPF on full basic raises EPF to ₹6,000 and in-hand falls to ₹94,000.
When to use the payroll calculator
- Estimating in-hand pay from an offer. Enter the annual figure to see the monthly amount left after tax, EPF and professional tax.
- Comparing regimes. Switch between new and old regime, entering your deductions for the old one, and compare monthly in-hand pay.
- Seeing the EPF ceiling. Toggle EPF on full basic wages to see in-hand pay fall and the employer contribution rise.
- Costing an employee. The Employer cost table shows EPS and EPF added to gross pay for the yearly cost of a salary.
What the payroll calculator does not do
- Only EPF is taken as a deduction. NPS, voluntary PF, DA and ESI are not modelled, and EDLI and EPF administration charges are not included in employer cost.
- The 25,000 a month EPF ceiling is applied to the whole year, though it took effect on 17 September 2026.
- Old-regime deductions and HRA exemption are entered as one total and are not calculated. EPF is not deducted from taxable income.
- Slab rates for the new year are carried over from the prior year, which the Finance Bill 2026 memorandum describes as unchanged.
- Hourly entries repeat one typical week across all 52 weeks.
When something else is a better fit
- When you only want the yearly income tax under both regimes, use the Tax Calculator.
- When you need an exact payslip with allowances and TDS, use your employer's payroll system or a chartered accountant.
Questions about the payroll calculator
What is in-hand salary on ₹12 lakh a year?
₹97,000 a month, or ₹11,64,000 a year, under the new regime with EPF at the ₹25,000 wage ceiling. Income tax is nil because taxable income is ₹11,25,000.
Why is EPF only ₹3,000 when basic is ₹50,000?
EPF is 12% of basic wages up to a ₹25,000 a month ceiling, which is ₹3,000. Switch on full basic wages to take 12% of the whole ₹50,000, or ₹6,000.
What does the employer pay on top?
On ₹12,00,000 it is ₹2,082.50 a month of EPS and ₹917.50 of EPF, so ₹3,000, and the job costs ₹1,03,000 a month.
Is EPF counted as tax?
No. It is a deduction that builds your provident fund, and you get it back on withdrawal. It is shown separately from income tax and cess.
Why is there only monthly pay?
Salaries in India are paid monthly, so the calculator offers one frequency and divides annual figures by 12.