Indian Payroll & Tax Guide 2026
The New Tax Regime Advantage
Under the Finance Act 2025, the New Tax Regime is the default choice for Indian taxpayers. It offers lower tax rates and an increased Standard Deduction of ₹75,000. This regime is generally beneficial for those who do not have major investments in 80C or Home Loans.
EPF & Professional Tax
In India, "Take-Home Pay" is calculated after deducting Employee Provident Fund (usually 12% of Basic Salary) and Professional Tax (capped at ₹2,500 per year in most states). Our AssetMaster India Salary Tool automates these complex deductions for you.