Compensation · India

Take-Home Salary Calculator, India CTC to In-Hand

Convert annual CTC to monthly in-hand. Choose old or new tax regime; see PF, ESI, PT and TDS deductions broken out clearly. Updated for FY 2026-27 slabs.

Monthly in-hand (approx.)

₹83,884

Annual in-hand: ₹10,06,609

Gross annual (after employer PF)
₹11,35,200
Employee PF (annual)
₹64,800
Professional Tax (annual)
₹2,400
Income tax (new regime)
₹61,391

Indicative only. Statutory rates change; confirm against the current rules before acting on a figure.

How it works

Indian salary structures look complex but follow a predictable pattern: CTC breaks into basic, HRA, special allowance, employer PF and other components; statutory deductions then reduce gross to in-hand. This calculator converts annual CTC to monthly in-hand using FY 2026-27 tax slabs, with old- vs new-regime toggle.

Components & formula

  • Basic = typically 40-50% of CTC.
  • HRA = typically 40-50% of basic (50% for metro, 40% non-metro).
  • Employer PF = 12% of basic + DA, capped at ceiling × 12% for EPS.
  • Gross salary = CTC − Employer PF − Gratuity provision − other employer-side components.
  • Net (in-hand) = Gross − Employee PF (12% basic) − ESI (0.75% gross if eligible) − Professional Tax (per state) − TDS (per regime + investment declaration).

Worked example

CTC Rs. 12 lakh / year. Basic 45% = Rs. 5,40,000. HRA 50% basic = Rs. 2,70,000. Special allowance fills the gap. Employer PF = Rs. 64,800 (12% basic). Gross = 12,00,000 − 64,800 ≈ Rs. 11,35,200. Employee PF = Rs. 64,800. Professional Tax (Karnataka) = Rs. 2,400. New-regime TDS on taxable Rs. 10,68,000 ≈ Rs. 65,000. Annual in-hand ≈ Rs. 10,03,000, about Rs. 83,500 / month.

Frequently asked questions

What is the difference between CTC and in-hand salary?

CTC (Cost to Company) is the total annual cost the employer pays including employer PF, gratuity provision, insurance and other benefits. In-hand is the net monthly amount credited to your bank after employee-side deductions (PF, ESI, PT, TDS).

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Should I choose old or new tax regime?

New regime has flatter slabs but fewer exemptions; old regime has higher slabs but allows 80C, HRA, LTA, home-loan interest deductions. The break-even depends on your investment / deduction levels. A salary in the Rs. 8-15 lakh range with full 80C + HRA + home-loan generally favours old; salaries with no investments often favour new.

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How is HRA exemption calculated?

Lowest of: (a) actual HRA received, (b) 50% basic for metros / 40% non-metro, (c) actual rent paid minus 10% of basic. Old regime only; new regime does not allow HRA exemption.

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Does this calculator include 80C / 80D deductions?

Yes, the old-regime mode lets you enter 80C, 80D, HRA, home-loan interest. New regime calculation uses flat slabs with the standard deduction.

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What is the FY 2026-27 new-regime slab?

0-3L nil; 3-7L 5%; 7-10L 10%; 10-12L 15%; 12-15L 20%; 15L+ 30%. Standard deduction of Rs. 75,000 applies to salaried. Subject to confirmation in the Finance Bill 2026.

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Why is my actual in-hand different from this calculator?

Most common reasons: variable pay (bonus, incentives) not included, employer LTA / meal vouchers / NPS not factored, professional-tax slab varies per state, advance TDS shortfall or excess in earlier months. The calculator gives the baseline; ask payroll for the cycle-by-cycle figure.

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Does WappBlaster Payroll use these same formulas?

Yes, and runs them per employee per cycle, automatically applying old/new regime per the employee's annual declaration. Same numbers; production-grade scheduling.

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