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🇮🇳 India · FY 2025-26 Odisha Odisha PT ₹200/mo HRA40%

Odisha Income Tax Calculator.

Quick context

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.

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India Income Tax Calculator — Odisha

₹15.00 L per year
200/mo · ₹2400/yr
Old Regime deductions (only used if Old Regime is selected)+ Toggle
Old Regime
₹1,30,291
Taxable: ₹10.43 L
Deductions: ₹4.57 L
✓ Better
New Regime (default)
₹97,126
Taxable: ₹14.23 L
Deductions: ₹77,400 (auto)
💡 Recommendation

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.

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

Odisha economic profile.

Capital
Bhubaneswar
Avg Mid-Career Salary
₹9.0L
per year
Cost of Living
55
vs Mumbai = 100

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

Mining (Coal, Iron Ore, Bauxite)SteelIT/ITES (Bhubaneswar)Heavy IndustryTourism

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.

Professional Tax slab

Odisha PT: ₹150/mo for income ₹13,001-25,000; ₹200/mo for ₹25,001+. Maximum ₹2,500/year.

❓ Odisha FAQ

Common questions.

Is Bhubaneswar competitive with Bangalore for IT careers?
For early-to-mid career: yes on real-income basis. Bhubaneswar salaries run 25-30% below Bangalore but cost of living is 55-65% lower. The KIIT/IIT ecosystem produces strong tech talent, attracting GCC investment. For senior career and equity-driven roles, Bangalore still wins due to startup density and exit opportunities.
Does Odisha's mining economy affect tax planning?
Direct salaries in mining/steel/aluminum face standard Indian federal tax. The state offers significant industrial incentives (SGST credit, capital subsidy) to companies, which flow through to employee wages indirectly. For PSU employees (Coal India, NMDC, NALCO), Defined Benefit Pensions and PF contributions are typically more generous than private sector.
How does Odisha PT compare to other eastern states?
Odisha collects PT (₹2,500/year max) — unlike neighboring Bihar (no PT). West Bengal has similar PT structure to Odisha. Odisha's PT is progressive (₹150 at lower income, ₹200 at higher). For salaried employees above ₹25K/month, the burden is identical to Maharashtra and Karnataka at the top.