Income tax calculator India
Find out how much your salary is after tax
Salary rate
Annual
Month
Semimonthly
Weekly
Day
Hour
Withholding
Salary
₹ 6,029
Provident Fund (PF)
- ₹ 723
Total tax
- ₹ 723
Net pay
*
₹ 5,306
Marginal tax rate
12.0%
Average tax rate
12.0%
88.0%
Net pay
12.0%
Total tax
Total tax
Net pay
The Taxberg
₹ 5,306
Net pay
₹ 723
Tax the employer pays
₹ 723
Tax you pay
Total tax paid
₹ 1,446
Did you know your employer also pays tax on your salary? It costs the employer ₹ 723 to pay you ₹ 6,029. In other words, every time you spend ₹ 10 of your hard-earned money, ₹ 2.40 goes to the government.
Real tax rate
21.4%
So, with you and the employer both paying tax, what used to be a 12% tax rate now rises to 21.4%, meaning your real tax rate is actually 9.4% higher than what it seemed at first.
Summary
If you make ₹ 6,029 a year living in India, you will be taxed ₹ 723. That means that your net pay will be ₹ 5,306 per year, or ₹ 442 per month. Your average tax rate is 12.0% and your marginal tax rate is 12.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of ₹ 100 in your salary will be taxed ₹ 12.01, hence, your net pay will only increase by ₹ 87.99.
Bonus Example
A ₹ 1,000 bonus will generate an extra ₹ 880 of net incomes. A ₹ 5,000 bonus will generate an extra ₹ 4,400 of net incomes.
Europe
Country
Net pay
Average tax
Rank
United Kingdom
INR 6030
0.0%
1
Germany
INR 6029
0.0%
2
Austria
INR 6029
0.0%
3
Ireland
INR 6029
0.0%
4
Sweden
INR 6029
0.0%
5
Norway
INR 6029
0.0%
6
Spain
INR 5647
6.4%
7
Italy
INR 5474
9.2%
8
France
INR 5443
9.7%
9
Czech Republic
INR 5366
11.0%
10
Luxembourg
INR 5363
11.1%
11
Russia
INR 5245
13.0%
12
Hungary
INR 4914
18.5%
13
Ukraine
INR 4853
19.5%
14
Poland
INR 4734
21.5%
15
Greece
INR 4712
21.9%
16
Portugal
INR 4489
25.6%
17
Finland
INR 4175
30.8%
18
Belgium
INR 4100
32.0%
19
Netherlands
INR 3784
37.2%
20
Romania
INR 3527
41.5%
21
Switzerland
INR 3289
45.4%
22
Denmark
INR 0
100.0%
23
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North America
Country
Net pay
Average tax
Rank
Canada
INR 5933
1.6%
1
USA
INR 5507
8.7%
2
Asia / Pacific
Country
Net pay
Average tax
Rank
Australia
INR 6029
0.0%
1
Singapore
INR 6029
0.0%
2
Hong Kong
INR 6029
0.0%
3
Thailand
INR 5728
5.0%
4
Indonesia
INR 5498
8.8%
5
Taiwan
INR 5495
8.9%
6
South Korea
INR 5385
10.7%
7
New Zealand
INR 5312
11.9%
8
India
INR 5306
12.0%
9
China
INR 5234
13.2%
10
Vietnam
INR 5126
15.0%
11
Pakistan
INR 5119
15.1%
12
Japan
INR 4899
18.7%
13
Malaysia
INR 4867
19.3%
14
Kazakhstan
INR 4775
20.8%
15
Philippines
INR 2959
50.9%
16
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Latin America
Country
Net pay
Average tax
Rank
Mexico
INR 5886
2.4%
1
Brazil
INR 5577
7.5%
2
Puerto Rico
INR 5550
8.0%
3
Colombia
INR 5547
8.0%
4
Ecuador
INR 5459
9.5%
5
Guatemala
INR 5451
9.6%
6
Costa Rica
INR 5396
10.5%
7
Panama
INR 5366
11.0%
8
Peru
INR 5275
12.5%
9
Argentina
INR 5004
17.0%
10
Chile
INR 4968
17.6%
11
Uruguay
INR 4938
18.1%
12
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Africa
Country
Net pay
Average tax
Rank
South Africa
INR 5969
1.0%
1
Uganda
INR 5728
5.0%
2
Ghana
INR 5697
5.5%
3
Angola
INR 5678
5.8%
4
Zambia
INR 5667
6.0%
5
Morocco
INR 5623
6.7%
6
Ivory Coast
INR 5577
7.5%
7
Senegal
INR 5387
10.6%
8
Cameroon
INR 5087
15.6%
9
Nigeria
INR 5018
16.8%
10
Mozambique
INR 4537
24.8%
11
Kenya
INR 3284
45.5%
12
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Middle East
Country
Net pay
Average tax
Rank
Egypt
INR 6029
0.0%
1
Saudi Arabia
INR 6029
0.0%
2
United Arab Emirates
INR 5728
5.0%
3
Qatar
INR 5727
5.0%
4
Lebanon
INR 5607
7.0%
5
Bahrain
INR 5546
8.0%
6
Oman
INR 5548
8.0%
7
Kuwait
INR 5365
11.0%
8
Israel
INR 5236
13.2%
9
Turkey
INR 5079
15.8%
10
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NOTE* Withholding is calculated based on the tables of India, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.