TDS on salary: estimate the monthly cut
Annual salary in, regime chosen: the Section 192 projection out: yearly tax with the slab-by-slab breakup, and the monthly deduction it spreads into.
Slabs as verified July 2026 for FY 2026-27. Surcharge above ₹50 lakh is not modelled. Confirm current rates at incometaxindia.gov.in before acting.
Your inputs
Standard deduction applies automatically: ₹75,000 (new regime) / ₹50,000 (old). Cess of 4% is included in the result.
The projection
What this calculator does, and what your employer's payroll does
Salary TDS under Section 192 is a projection: the employer estimates your full-year taxable salary, computes tax under your chosen regime, and deducts one-twelfth monthly, adjusting whenever inputs change. This tool runs the same arithmetic in its simplest honest form — salary, standard deduction, slabs, the §87A rebate where it applies, and cess. What it deliberately cannot model is your life: other income, capital gains, prior-employer salary in a job-change year, mid-year bonuses reshaping the spread, or the proof-verification true-ups of January–March. Treat the output as the shape of your liability, and your payslip's TDS line (backed by your employer's live projection) as the operative number.
The regime choice matters more than most declarations: under the new regime a salaried person with taxable income up to ₹12 lakh pays nothing (the §87A rebate absorbs it — effectively ₹12.75 lakh of salary after the standard deduction), while the old regime trades higher slab rates for HRA and Chapter VI-A deductions. Toggle both above with your real deductions in the field: the comparison is your answer. The full mechanism, including how bonuses and job changes reproject the year, is in the TDS on salary guide.
A worked example
Annual salary ₹12,00,000, new regime: taxable income after the ₹75,000 standard deduction is ₹11,25,000, under ₹12 lakh, so the §87A rebate wipes the slab tax and monthly TDS is zero. The same salary at ₹15,00,000: taxable ₹14,25,000, slab tax ₹93,750 (nil to 4L, then ₹20,000 + ₹40,000 + ₹33,750 across the 5%, 10% and 15% bands), plus 4% cess = ₹97,500 — about ₹8,125 a month. On the old regime with ₹2,50,000 of claimed deductions, the same ₹15,00,000 computes taxable ₹12,00,000 and tax ≈ ₹1,79,400: the regimes genuinely diverge, which is why the toggle exists.
Illustrative, surcharge excluded; your declarations and other income will move the real number.
Frequently asked questions
Which regime should I pick in the calculator?
Run both; that is what the toggle is for. The new regime wins for most people without large deductions (income to ₹12 lakh taxable is tax-free via the §87A rebate); the old regime can win where HRA exemption plus Chapter VI-A claims are substantial. Enter your real deductions and compare.
Why does my payslip's TDS differ from this estimate?
Your employer's projection includes what this tool cannot see: prior-employer income, bonuses landing mid-year, verified versus declared proofs, and other income you reported. The payslip's figure is the operative one; this tool shows the shape.
Are these slabs current?
Verified July 2026 for FY 2026-27: the 4-lakh-band new-regime slabs with ₹75,000 standard deduction and the classic old-regime slabs with ₹50,000. Slabs are Finance-Act-driven: confirm at incometaxindia.gov.in before acting on any figure.
What does the calculator leave out?
Surcharge above ₹50 lakh, other income heads, capital gains, and the month-by-month reprojection dynamics of a real Section 192 cycle. For those mechanics, read the TDS on salary guide.
Is TDS extra tax on top of income tax?
No; it is your income tax collected in advance. Over-deduction refunds at filing; under-deduction is payable with interest. Form 26AS is where you verify the deducted amounts actually reached your PAN.
Projections that update themselves.
PeopleDeck reprojects every employee's TDS on every change, and 24Q data writes itself.
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