Bonus After Tax Calculator India — Net Bonus in Hand 2026
Real-World Examples — 2026
₹2 lakh bonus for someone earning ₹10 lakh annual salary
Annual salary ₹10 lakh, bonus ₹2 lakh. Total income ₹12 lakh. Under new regime (₹12 lakh = nil tax with rebate). TDS on bonus = ₹nil. Net bonus = ₹2 lakh.
₹5 lakh bonus at 30% bracket
Annual salary ₹25 lakh + ₹5 lakh bonus = ₹30 lakh income. At 30% slab, TDS on ₹5 lakh bonus = ₹1,50,000 + 4% cess = ₹1,56,000. Net bonus = ₹3,44,000.
Frequently Asked Questions
How is bonus taxed in India?
Bonus is added to your salary income and taxed at your applicable slab rate. Your employer deducts TDS on bonus at your marginal rate. For someone in the 30% bracket: ₹1 lakh bonus attracts ₹30,000 TDS (plus 4% cess = ₹31,200). The bonus is not separately taxed at a flat rate.
Can I reduce tax on my bonus?
Yes. Maximise 80C investments (₹1.5 lakh), claim 80D deductions, and invest in NPS (₹50,000 extra under 80CCD(1B)). These reduce your total taxable income, lowering the effective rate on your bonus. In the new regime, fewer deductions are available.
Is performance bonus different from salary for tax?
No. All forms of bonus — performance bonus, joining bonus, retention bonus — are treated as salary income and taxed at slab rates. There is no special lower tax rate for bonuses in India, unlike some countries.
Is the Bonus Tax Calculator free?
Yes, completely free on CalcPhi.
Are my inputs stored?
No. Calculations run in your browser.
Is it mobile-friendly?
Yes. Works on all smartphones.