Tax on Common Monthly Salaries, 2026-27

Quick reference for salaried individuals under the Finance Act 2026 (Tax Year 2027).

Monthly salaryAnnual salaryAnnual taxMonthly taxMonthly take-homeEffective rate

All figures are Rs and computed from the official slab structure. For a salary not listed, use the calculator.

Reading this table

Monthly tax is one-twelfth of the annual tax, which is how employers normally spread the deduction. Your take-home figure is salary minus income tax only; it does not subtract EOBI, provident fund, loan repayments or other payroll deductions.

Salaries up to Rs 50,000 a month fall under the Rs 600,000 tax-free threshold and pay no income tax. Browse how the rates are built on the tax slabs page.