Odisha Income Tax Calculator.
Odisha levies Professional Tax of ₹200/month (~₹2400/year) on income above the slab threshold. Odisha 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.
India Income Tax Calculator — Odisha
Old Regime deductions (only used if Old Regime is selected)+ Toggle
The New Regime saves you ₹33,165 in tax this year. New regime wins — you don't have enough deductions to beat the default lower slabs.
Odisha economic profile.
Market overview
Odisha is India's mineral capital — producing over 50% of India's aluminum, iron ore, and chromite. Major steel and aluminum plants (Tata Steel Kalinganagar, Vedanta, NALCO). Bhubaneswar is emerging as an IT services hub (Infosys, TCS, Wipro have campuses). The state has aggressive industrial investment incentives.
Top industries
Odisha-specific tax notes
Odisha follows the standard progressive PT structure (max ₹2,500/year). All Odisha cities are HRA tier-2 (40% exemption). The state offers Investment Promotion Package incentives for new manufacturing — relevant for employers, not individual tax.
Odisha PT: ₹150/mo for income ₹13,001-25,000; ₹200/mo for ₹25,001+. Maximum ₹2,500/year.