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Free Salary Calculator: CTC to In-Hand

Enter your CTC and see what actually lands in your bank account each month, after provident fund, professional tax and income tax. Compare the new and old tax regimes, then turn the figures into a salary slip in one click.

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Your CTC

The cost to company from your offer letter, for a year.

a year
% of CTC

Usually 40% to 50% of CTC.

% of basic

Often 50% of basic in metros, 40% elsewhere.

What comes out of it

Provident fund (PF)

You and your employer pay the same amount. The employer's share is part of your CTC.

a month

Set by your state, at most ₹2,500 a year. Enter 0 if your state doesn't charge it.

Income tax

Estimated for FY 2026-27 (April 2026 to March 2027).

Tax regime

Results

Monthly in-hand salary

₹0

₹0 a year, after an estimated ₹0 income tax

From CTC to in-hand
ItemMonthlyYearly
CTC₹0₹0
Employer's PF− ₹0− ₹0
Gratuity− ₹0− ₹0
Gross salary₹0₹0
Employee's PF− ₹0− ₹0
Professional tax− ₹200− ₹2,400
Income tax (TDS, estimate)− ₹0− ₹0
In-hand salary₹0₹0
Salary structure
ItemMonthlyYearly
Basic salary₹0₹0
House rent allowance (HRA)₹0₹0
Special allowance₹0₹0
Gross salary₹0₹0

Both regimes come to the same tax on this salary. The old regime figure has no rent or deductions yet: choose Old to add them.

How the tax was worked out (new regime)
Gross salary
₹0
Standard deduction
-₹0
Taxable income
₹0
Tax on the slabs
₹0
Rebate and relief
-₹0
Surcharge
₹0
Health and education cess (4%)
₹0
Income tax for the year
₹0

An estimate for a resident under 60 with salary as their only income. Your employer's TDS may differ slightly, for example if you join mid-year or declare other income.

Turn this salary into a payslip.

Make a salary slip with these figures

How it works

  1. 1

    Enter your CTC

    The yearly cost to company from your offer letter, and how much of it is basic salary and HRA.

  2. 2

    Set PF and tax

    Choose how PF is worked out, your professional tax and your tax regime. Defaults suit most people.

  3. 3

    See your in-hand pay

    Monthly and yearly take-home pay, with every deduction and the salary structure laid out.

Features

CTC, gross salary and in-hand salary

Your CTC (cost to company) is everything your employer spends on you in a year. Part of it never reaches your bank account each month: the employer's share of provident fund goes to your PF account, and gratuity, if it's included, is only paid when you leave after five or more years.

Take those out and you have your gross salary: basic salary, house rent allowance (HRA) and a special allowance that makes up the rest. Your in-hand (take-home) salary is the gross minus your own PF contribution, professional tax and income tax deducted at source (TDS).

What's deducted from your salary

Three deductions turn your gross salary into what you take home:

  • Employee's provident fund: 12% of basic salary, matched by your employer. Many employers cap it at ₹1,800 a month, which is 12% of the ₹15,000 wage ceiling.
  • Professional tax: a small tax charged by some states, at most ₹2,500 a year. Some states, such as Delhi, don't charge it.
  • Income tax (TDS): your employer estimates your tax for the year and deducts it in equal monthly amounts.

New or old tax regime?

The new regime is the default. For tax year 2026-27 its slabs run from nil up to ₹4 lakh, rising by 5% for every ₹4 lakh up to 30% above ₹24 lakh, with a ₹75,000 standard deduction. Thanks to the rebate, there's no tax at all if your taxable income is ₹12 lakh or less, which means a salary of up to ₹12.75 lakh.

The old regime has higher rates (5% from ₹2.5 lakh, 20% from ₹5 lakh and 30% above ₹10 lakh) and a ₹50,000 standard deduction, but lets you claim the HRA exemption, professional tax and deductions for investments such as PF, PPF, ELSS and life insurance (up to ₹1,50,000 a year), health insurance and more. It usually only wins if you pay high rent and make full use of the deductions.

You tell your employer which regime you want at the start of the year. This calculator works out both, so you can see the difference before you choose.

Why basic salary is usually 40-50% of CTC

Basic salary drives several other figures: PF is 12% of it, gratuity is 4.81% of it, and HRA is usually set as a share of it. A higher basic means more retirement savings but less in hand each month.

Under the labour codes in force from November 2025, if allowances make up more than half of total pay, the excess is treated as wages for PF and gratuity. So most employers now set basic at around 50% of pay, and 40% to 50% of CTC is a sensible figure to use here if you don't know yours.

Frequently asked questions

How do I calculate my in-hand salary from CTC?

Take the employer's PF and any gratuity out of your CTC to get your gross salary. Then subtract your own PF, professional tax and income tax. Divide by 12 for the monthly figure. The calculator does all of this as you type.

How much in-hand salary will I get on a ₹12 lakh CTC?

With basic at 50% of CTC, PF capped at ₹1,800 a month and ₹200 a month professional tax, about ₹96,200 a month under the new regime. Your taxable income comes to about ₹11 lakh, so the rebate means no income tax at all.

Is there no income tax up to ₹12 lakh?

Under the new regime, yes: if your taxable income is ₹12 lakh or less, a rebate cancels the tax. With the ₹75,000 standard deduction, that covers a salary of up to ₹12.75 lakh. Just above that, marginal relief means you never pay more in tax than the income above ₹12 lakh.

Which is better for me, the new or old regime?

For most people, the new regime. The old regime can come out ahead if you pay high rent in a metro and claim large deductions, such as the full ₹1,50,000 for investments plus health insurance. Choose Old in the calculator and enter your rent and deductions to compare.

Why is my employer's PF part of my CTC?

Because it's a cost your employer pays for you. It goes into your PF account rather than your bank account, so it's in your CTC but not your in-hand salary. You can withdraw it later, under the PF rules.

Is the income tax figure exact?

It's an estimate for a resident under 60 whose only income is this salary. Your actual tax depends on other income, the exact deductions you claim and when in the year you join. Your employer's TDS may differ slightly.

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