Income tax in India (2026)
In 2026, income tax in India runs from 5% to 39%. On a ₹9,00,000 salary you take home ₹8,46,000 a year, ₹70,500 a month.
Income tax rates
- Top rate
- 39%
- Lowest rate
- 5%
- Tax-free allowance
- ₹75,000
- VAT
- 18%
- Capital gains
- 12.5%
The 2026 bands, in Indian Rupee
| Taxable income (after allowance) | Rate |
|---|---|
| ₹0 to ₹4,00,000 | 0% |
| ₹4,00,000 to ₹8,00,000 | 5% |
| ₹8,00,000 to ₹12,00,000 | 10% |
| ₹12,00,000 to ₹16,00,000 | 15% |
| ₹16,00,000 to ₹20,00,000 | 20% |
| ₹20,00,000 to ₹24,00,000 | 25% |
| over ₹24,00,000 | 30% |
These are the national bands. The top rate of 39% also counts surcharges and regional or local income taxes.
Take-home pay by salary
₹3,00,000: ₹2,82,000 take-home (6% total tax)₹3,50,000: ₹3,29,000 take-home (6% total tax)₹4,00,000: ₹3,76,000 take-home (6% total tax)₹4,50,000: ₹4,23,000 take-home (6% total tax)₹5,00,000: ₹4,70,000 take-home (6% total tax)₹6,00,000: ₹5,64,000 take-home (6% total tax)₹7,00,000: ₹6,58,000 take-home (6% total tax)₹8,00,000: ₹7,52,000 take-home (6% total tax)₹9,00,000: ₹8,46,000 take-home (6% total tax)₹10,00,000: ₹9,40,000 take-home (6% total tax)₹12,00,000: ₹11,28,000 take-home (6% total tax)₹15,00,000: ₹13,12,500 take-home (12.5% total tax)₹20,00,000: ₹16,87,600 take-home (15.6% total tax)₹25,00,000: ₹20,30,200 take-home (18.8% total tax)₹30,00,000: ₹23,44,200 take-home (21.9% total tax)₹40,00,000: ₹29,72,200 take-home (25.7% total tax)₹50,00,000: ₹36,00,200 take-home (28% total tax)
Compare with other countries
Cost of living in India
Frequently asked questions
What are the income tax rates in India?
Income tax in India runs from 5% to 39%, in 6 bands.
Is there a tax-free allowance in India?
Yes — the first ₹75,000 a year is tax-free in India.
What is the take-home pay on ₹9,00,000 in India?
On ₹9,00,000 in India you take home ₹8,46,000 a year — ₹70,500 a month.
2026 rules checked against taxsummaries.pwc.com. Single person, employee, no other income. Not tax advice. Change the details