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🇮🇳 India · FY 2025-26 Madhya Pradesh Madhya Pradesh PT ₹208/mo HRA40%

Madhya Pradesh Income Tax Calculator.

Quick context

Madhya Pradesh levies Professional Tax of ₹208/month (~₹2496/year) on income above the slab threshold. Madhya Pradesh cities qualify for 40% HRA exemption (tier-2 status under Section 10(13A)). Use the calculator below to compare Old vs New regime for your salary.

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India Income Tax Calculator — Madhya Pradesh

₹15.00 L per year
208/mo · ₹2496/yr
Old Regime deductions (only used if Old Regime is selected)+ Toggle
Old Regime
₹1,30,261
Taxable: ₹10.43 L
Deductions: ₹4.57 L
✓ Better
New Regime (default)
₹97,111
Taxable: ₹14.23 L
Deductions: ₹77,496 (auto)
💡 Recommendation

The New Regime saves you ₹33,150 in tax this year. New regime wins — you don't have enough deductions to beat the default lower slabs.

✨ Live · FY 2025-26 (AY 2026-27) slabs · Includes 4% cess and surcharge · Not legal/tax advice — consult a CA for filings.
Madhya Pradesh About Madhya Pradesh

Madhya Pradesh economic profile.

Capital
Bhopal
Avg Mid-Career Salary
₹8.0L
per year
Cost of Living
55
vs Mumbai = 100

Market overview

Madhya Pradesh is centrally located in India and has emerged as a logistics hub. Indore has been ranked India's cleanest city for consecutive years and has growing IT presence (TCS, Infosys, Cognizant). Bhopal hosts the administrative cluster. Jabalpur and Gwalior have industrial pockets.

Top industries

AgricultureTextiles (Indore)IT (Indore, Bhopal)ManufacturingTourism

Madhya Pradesh-specific tax notes

MP follows standard PT (₹2,500/year cap). All MP cities are HRA tier-2 (40% exemption). State industrial policy offers stamp duty waivers for new investments above ₹100 crore — relevant for businesses, not personal tax.

Professional Tax slab

Madhya Pradesh PT: ₹208/mo for income above ₹15,000. Annual ₹2,500 cap.

❓ Madhya Pradesh FAQ

Common questions.

Is Indore emerging as a viable IT city?
Yes — Indore has seen significant IT investment in 2021-2026. TCS, Infosys, Persistent, and HCL all have meaningful Indore presence. Salaries run 20-25% below Bangalore but cost of living is 50% lower. For early-career employees and those preferring tier-2 city living, Indore offers strong real-income outcomes.
Why is MP's cost of living so low?
MP has the lowest urban cost-of-living index in major Indian states — Bhopal and Indore run roughly 50-55% of Mumbai costs. Reasons: lower commercial real estate density, abundant local food production, and limited international migration pressure on housing. Mid-career professionals can save 30-40% of post-tax income in MP cities vs metros.
Are there MP-specific tax advantages I should know about?
No state-level personal income tax breaks. The main MP financial advantages are: lower PT bills than most states (₹208/mo is on the lower end), much lower cost of living than metros, and aggressive state industrial subsidies that benefit MP-based businesses (not directly employees). For salaried workers, MP's tax burden is identical to other Indian states at the same income.