Salary Calculator for Income Tax – FY 2025-26
Calculate taxable “Income from salary” after HRA exemption, standard deduction and professional tax. Use this figure in the Salary box of your main Income Tax Calculator.
Choose whether you are entering annual or monthly values from your payslip / Form 16.
• Include: taxable DA, special allowance, conveyance allowance (taxable part), LTA that is shown as taxable, night shift allowance, performance bonus, perquisite value shown in Form 16.
• Do not include: fully exempt reimbursements like telephone bill reimbursement, uniform reimbursement, official travel reimbursement (if clearly mentioned as reimbursement).
If confused, you can simply take “Gross salary” and “Perquisites” values as given in Form 16 and distribute across these boxes.
HRA exemption = minimum of: (a) HRA received, (b) 40% / 50% of basic, (c) Rent paid – 10% of basic. If result is negative, exemption is treated as zero.
This working is only for “Income from salary” as per Income-tax Act. Use your main Income Tax Calculator for Old vs New Regime comparison and final tax.
Salary income summary
| Particulars (annualised) | Amount (Rs.) |
|---|---|
| Basic salary | Rs. 0 |
| HRA received | Rs. 0 |
| Other taxable allowances | Rs. 0 |
| Bonus / incentives | Rs. 0 |
| Perquisites (as per Form 16) | Rs. 0 |
| Gross salary (A) | Rs. 0 |
| Less: HRA exemption (B) | Rs. 0 |
| Income after HRA (A – B) | Rs. 0 |
| Less: Standard deduction | Rs. 0 |
| Less: Professional tax | Rs. 0 |
| Income from salary (C) | Rs. 0 |
Confused about salary & TDS?
Share your payslip / Form 16 on WhatsApp. CS/CA team will guide you personally.