Salary Calculator

Input your salary and investment details to calculate your in hand salary and tax liability for the old tax regime and new tax regime (introduced in budget 2020) and decide which is better for you.

Salary Details

Base pay

Basic Salary

Bonus

Provident Fund

Deductions

80C

Rent paid

Home Loan Interest

Education Loan Interest

NPS (Corporate)

NPS (Individual)

Medical Insurance

Salary Details

Base

Basic

HRA

Bonus

-

-

-

-

Exemptions

Section

80C

Standard Deduction

NPS (Individual)

HRA Exemption

Home Loan Interest

Education Loan Interest

Old Regime

New Regime

Amount

-

-

-

-

-

-

-

-

-

-

-

-

Medical Insurance

-

-

Total Income

-

Non-Taxable Income

Taxable Income

Net Salary

-

-

-

-

-

-

-

PF (Employee)

Professional Tax

-

-

PF (Employer)

NPS (Corporate)

-

-

Tax Calculation

Tax Amount

Tax Slab

Old regime

New regime

0%

0

5%

0

0

0

10%

-

15%

-

0

0

20%

0

0

25%

-

0

30%

0

0

Total Tax

0

0

Cess and Surcharge

0

0

Net Monthly Salary

-

-

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