Present value calculator
Enter a future sum or regular payments, a discount rate and the years. See what they're worth in today's money.
- Lump sum and annuities
- Your discount rate
- Free, no sign-up
Compare payouts after tax
Lump sums, pensions and annuities are taxed differently. Our experts compare them on what you actually keep.
Questions people often ask
Is a pension taxable?
A monthly (uncommuted) pension is taxed as salary. A commuted lump sum can be partly or fully tax-free, depending on your employer.
Is annuity income taxable?
Yes. Annuity payments are taxed as income in the year you receive them.
Bringing future money to today
Discounting is compounding in reverse.
- Pick a discount rate: what money could earn.
- Divide each future rupee by its growth.
- Add them up for today's value.
Last reviewed 9 October 2026. The rules in this calculator come from these official sources.
- Investor education: how investments grow, and their risks Securities and Exchange Board of India
Common questions
What is present value?
What money you'll receive in future is worth today, given that money today could earn a return in the meantime.
What is the formula?
PV = FV ÷ (1 + r)^n. For regular payments: PMT × (1 − (1 + r)^−n) ÷ r.
What is ₹10 lakh in 10 years worth today?
At 8% a year, compounded monthly, about ₹4.5 lakh.
Which discount rate should I use?
The return you could reasonably earn elsewhere, or inflation if you want today's buying power.
Where is this useful?
Comparing a lump sum with a pension, valuing a policy's maturity, or deciding between payouts.
