Understand how to calculate income tax on salary in India 2025. Includes slab rates, deductions, and tax regime comparison for better salary planning. Click to know more! Learn how to calculate taxes from your salary under the new tax regime with practical examples , helping you understand your financial obligations and maximize your take-home pay Calculating income tax on salary involves using tax slabs, which are ranges of income that are taxed at a specific rate. For example , consider an individual earning ₹10 lakhs per annum under the new tax regime for AY 2025-26. The next 4 lakhs (7 - 3 = 4 lakhs), are taxed at 5%, resulting in a tax of 20,000 (4 lakhs x 5%). Lastly, the last 3 lakh (10 - 7 = 3 lakh) is taxed at 10%, which results in a tax of 30,000 (1 lakh x 15%). In total, the tax amount is 50,000 (20,000 + 30,000 + 50,000). Income tax how to calculate , know how to calculate Income Tax on your salary with examples & know what portion of your income is being taxed.
