India salary tax: tax year, gross salary and CTC

Match the income period to the model

TaxCalcy's India model uses Tax Year 2026-27, from 1 April 2026 to 31 March 2027, under the Income-tax Act 2025. That label is not AY 2026-27. Do not apply this model to another period just because a search result uses a similar year label.

References: Income Tax Department · New Act scope FAQs

Gross cash salary is not an undivided CTC package

Enter the supported gross salary amount. A compensation package can also contain employer contributions, benefits or other components; do not treat their combined headline amount as cash deposited in your account. TaxCalcy is not a general CTC-to-in-hand converter.

EPF, ESI, NPS and professional tax need explicit payroll bases and applicability facts when selected. These components cannot be inferred reliably from a headline CTC amount.

References: Income Tax Department · Income and Tax Estimator

Compare only eligible, supported inputs

The calculator's New and Simplified Old Regime comparison uses the same salary assumption. Enter deductions only after independently confirming eligibility. HRA, 80C and 80D eligibility, capital gains, other special-rate income and exact TDS are outside its complete coverage.

The fictional India example uses INR 1,000,000 annual gross salary, the New Regime and no optional payroll components or user-entered deductions. Its inputs and engine outputs are recorded below.

References: Income Tax Department · Income and Tax Estimator

Sources and verification

Official references checked 2026-10-13. Examples reproduced with the existing TaxCalcy engine; no qualified human tax review is recorded.

• Income Tax Department · New Act scope FAQsTax Year 2026-27 under the Income-tax Act 2025; distinguish assessment-year terminology
• Income Tax Department · Income and Tax EstimatorCompare income-tax estimates using explicit income and eligible deduction inputs