Taxable Income Calculator
Calculate your Net Taxable Income by deducting HRA, Standard Deduction, and Chapter VI-A deductions from Gross Salary.
Income Components
Taxable Income
Net Taxable Income
₹750,000
Tax is calculated on this amount based on slab rates.
From Gross to Net
Your Gross CTC is not what you pay tax on. Understand how exemptions like HRA and deductions like 80C reduce your tax liability.
Frequently Asked Questions
What is taxable income?
Taxable income is Gross Income minus all eligible exemptions and deductions. Income Tax is calculated on this amount.