Income Tax

Surcharge Calculator

Tax surcharge for incomes above ₹50L — with marginal relief

Inputs

Net income after all deductions and standard deduction

Regime

Age

Surcharge Brackets (New Regime)

₹50L – ₹1Cr10%
₹1Cr – ₹2Cr15%
₹2Cr – ₹5Cr25%
Above ₹5Cr (capped)25%

New regime: surcharge capped at 25% (no 37% bracket)

Surcharge Computation

Slab Tax

₹13.57 L

Surcharge (10%)

₹1.36 L

Total Tax

₹15.53 L

Effective Rate25.88%
Cess @ 4%₹59,730

Tax Breakdown

Taxable income₹60,00,000
Slab tax (before surcharge)₹13,57,500
Surcharge @ 10%₹1,35,750
Tax + Surcharge₹14,93,250
Health & Education Cess @ 4%₹59,730
Total Tax Payable₹15,52,980

Key Facts

→ Surcharge applies on income tax (not on income directly). It kicks in only above ₹50 lakh taxable income.

→ New regime caps surcharge at 25% — no 37% bracket. Old regime allows 37% above ₹5Cr.

→ Marginal relief ensures: total tax + surcharge increase cannot exceed the actual income increase above each threshold.

→ Cess (4%) applies on tax + surcharge — it is NOT covered by marginal relief.

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FAQ

Surcharge Calculator — FAQ

Common questions about this calculator

Surcharge is an additional tax levied on high earners — 10% for income ₹50L–1Cr, 15% for ₹1Cr–2Cr, 25% for ₹2Cr–5Cr, and 37% for above ₹5Cr (old regime).

Calculations are approximate and for educational purposes only. Excludes surcharge for income above ₹50L. Consult a Chartered Accountant for personalised tax advice.