Income Tax Calculator in Indore — Madhya Pradesh Rates 2026
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Quick Answer
For salaried professionals in Indore, HRA exemption is 40% of basic salary (Metro city). Under the new tax regime, no deductions apply but slabs are lower. Under the old regime, standard deduction (₹50,000), HRA, and Section 80C (₹1.5L) help reduce taxable income. Use the calculator to compare both regimes for Indore.
Standard deduction of ₹75,000 already available under new regime
Income Tax
₹1,05,000
Health & Education Cess (4%)
₹4,200
Total Tax Payable
₹1,09,200
Effective Tax Rate
7.28%
New Regime Tax Slabs (FY 2025-26)
| Income Range | Tax Rate |
|---|---|
| ₹0 – ₹4L | Nil |
| ₹4L – ₹8L | 5% |
| ₹8L – ₹12L | 10% |
| ₹12L – ₹16L | 15% |
| ₹16L – ₹20L | 20% |
| ₹20L – ₹24L | 25% |
| Above ₹24L | 30% |
Indore — Madhya PradeshRates & Data
| Parameter | Value |
|---|---|
| State | Madhya Pradesh |
| Professional Tax (if any) | Nil |
| HRA Exemption City Tier | 40% of basic |
| TDS Threshold | ₹2.5L / year |
Frequently Asked Questions — Indore
How is income tax calculated for salaried employees in Indore?
For salaried employees in Indore, income tax depends on CTC, HRA (40% of basic in this metro/tier-1 city), standard deduction (₹75,000 under new regime), and investments under 80C (up to ₹1.5L under old regime). The new tax regime (FY2025-26) has slabs from 0% to 30% with no deductions except ₹75,000 standard deduction.
Which tax regime is better for employees in Indore?
Employees in Indore with HRA claims, home loan interest, and 80C investments typically benefit from the old regime when total deductions exceed ~₹3.75L. For those without significant deductions (especially freshers or renters in cheaper cities), the new regime's lower slabs are usually more beneficial. Use the income tax calculator above to compare both regimes with your exact figures.