Updated July 2026
Salary & Tax
Your salary structure determines your net take-home pay. Key decisions involve choosing between the old and new tax regimes, maximizing HRA exemptions, and understanding standard deductions and gratuity rules.
Featured Calculators
Recommended Journey
- 1
Analyze your CTC breakup
Use the salary calculator to see your take-home pay and understand the split between basic, allowances, EPF, and tax.
- 2
Optimize your HRA exemption
If you pay rent, use the HRA calculator to see your tax-exempt HRA share and decide if restructuring your rent helps.
- 3
Compare tax regimes
Use the income tax calculator to compare old vs new regimes based on your actual exemptions to choose the lowest tax route.
Guides
Old vs New Tax Regime
Read guide →How to Save Tax on ₹12 Lakh Salary
Read guide →Old vs New Tax Regime for ₹15 Lakh Salary
Read guide →Section 80C Investments: Which Saves Most Tax?
Read guide →Tax on ₹50 Lakh Salary: Complete Breakdown
Read guide →Home Loan Tax Benefit: Old vs New Regime
Read guide →NPS Tax Benefit: Section 80CCD(1B) Explained
Read guide →How to Calculate Capital Gains Tax on Mutual Funds
Read guide →HRA Exemption for Bangalore, Mumbai and Delhi
Read guide →Your Real Salary After Tax, Inflation & EMI
Read guide →12 Lakh CTC In-Hand Salary
Read guide →15 Lakh CTC Monthly In-Hand Salary
Read guide →₹20 Lakh Salary: Bangalore vs Mumbai vs Pune
Read guide →How CTC Is Calculated
Read guide →Salary Breakup Explained
Read guide →Frequently Asked Questions
How does standard deduction affect my taxable income?
Standard deduction is a flat reduction from your gross salary income before tax is calculated. For FY 2026-27, standard deduction is ₹75,000 under the new regime and ₹50,000 under the old regime.
Is employer EPF contribution included in my CTC?
Yes, most companies include the 12% employer EPF contribution in your CTC. While this is part of your cost to the company, it goes directly to your EPF account and does not reach your monthly take-home salary.
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