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Salary Calculator

Estimate your monthly take-home pay based on your annual CTC and latest Indian tax laws.

Salary Calculator

Calculate your monthly take-home pay from CTC

₹12,00,000
₹
₹1,00,000
₹

Monthly In-Hand Pay

₹89,667

Monthly Gross

₹91,667

Monthly Deductions

₹2,000

Salary Breakdown

Understanding Your Salary

Your CTC (Cost to Company) includes your gross salary plus various benefits and employer contributions like PF and Gratuity.

The "In-Hand" salary is what you actually receive in your bank account after all statutory deductions.

Salary Formula

In-Hand = Gross - PF - PT - Income Tax
  • PF: Provident Fund (Employee Share)
  • PT: Professional Tax (State Level)
  • Income Tax: TDS based on Tax Regime

Key Components

Monthly Gross

Total earnings before any deductions, excluding annual bonuses.

EPF Contribution

12% of your basic salary goes to your provident fund account.

Income Tax (TDS)

Calculated based on the New Tax Regime FY 2025-26 for maximum savings.

Professional Tax

A minor state-level tax, usually capped at Rs. 200-250 per month.

CTC vs In-Hand Salary: What is the difference?

In India, your CTC (Cost to Company) is the total amount an employer spends on you in a year. However, this is not the amount you take home. Your in-hand salary is what remains after statutory deductions like Employee Provident Fund (EPF), Professional Tax (PT), and Income Tax (TDS).

Key Salary Components

Employee PF (12%)

Deducted from your basic salary and deposited into your EPF account. Your employer also contributes an equal amount.

Income Tax (TDS)

Tax deducted at source based on your annual income and the chosen tax regime (New vs Old).

Why use our Salary Calculator?

Our tool is updated for the FY 2025-26 (AY 2026-27) budget changes, including the increased standard deduction of Rs. 1,00,000 in the New Tax Regime. It provides a highly accurate estimate for salaried professionals across India.