Salary Calculator (CTC → In-hand)
Split a typical Indian salary structure from annual CTC, then subtract PF, professional tax, and an FY 2026-27–style income-tax estimate under new vs old regime. Bonus is shown separately from monthly in-hand.
Disclaimer: Employers use actual pay codes, perquisites, flexi plans, and proofs. This is a simplified model (40% basic, metro/non-metro HRA %, capped EPF employee ₹1,800/month, ₹200/month PT). Verify with your offer letter and Form 16.
Inputs
Results
New regime
₹0
Monthly in-hand (excl. bonus)
Old regime
₹0
Monthly in-hand (excl. bonus)
Detailed breakdown (annual)
Why CTC ≠ in-hand
CTC bundles fixed pay, allowances, employer PF, gratuity accrual, and sometimes variable pay. What you spend monthly is closer to gross minus statutory deductions and income tax — and variable bonus may hit once a year.
Components: Basic is often a large fraction of fixed pay; HRA helps with rent (exemption in old regime follows rent and salary rules — we use the classic minimum-of-three formula). Employee PF is modeled at 12% of monthly basic with a ₹1,800/month cap common when PF wage is capped at ₹15,000. Professional tax varies by state — we use ₹200/month as a common illustration.
Tax regimes: The new regime uses FY 2026-27-style slabs from our income tax calculator with standard deduction; the old regime allows 80C and other entries you specify plus eligible HRA exemption.
Negotiation tip: Compare gross fixed and net after tax when comparing offers — a higher CTC with a bigger variable component or lower basic can change take-home and PF base differently than it looks on paper.
Tax planning
For full slab comparison, use the dedicated income tax and HRA tools.
Frequently asked questions
Why is CTC different from take-home?
CTC bundles fixed pay, allowances, employer costs, and sometimes variable pay. Take-home is what reaches your bank after PF, professional tax, income tax, and other monthly deductions you model.
Why is employee PF capped in this model?
Many Indian employers cap employee PF at twelve percent of a ₹15,000 wage ceiling (₹1,800 per month). Your employer may use a different base—adjust expectations accordingly.
Will this match my payslip exactly?
Unlikely. LTA, NPS, perquisites, flexi allowances, surcharges, cess, and state professional tax slabs can all differ. Use the tool for direction, not payroll precision.
How is HRA exemption handled for the old regime?
We apply the classic minimum-of-three formula using your entered rent, metro vs non-metro percentages of basic, and basic salary—simplified versus real rent receipts and metro definitions.
What tax year do the slabs follow?
We align with the FY 2026-27-style slab logic used on our income tax calculator page, including standard deduction where applicable.
Are salary numbers sent to your servers?
No. The calculator runs locally in JavaScript.