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Salary Calculator

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Calculate monthly take-home salary from annual CTC. India-focused model with EPF, HRA, professional tax, new & old tax regime (FY 2025-26). Informational only — not tax advice.

CTC to In-Hand
New & Old Regime
Not Tax Advice
Live Calculation
= ₹12,00,000 / year
Monthly Take-Home (In-Hand)
₹90,200
Annual: ₹10,82,400 · Effective tax: 0%
Gross Monthly
₹95,200
Income Tax (annual)
₹0
Employee EPF
₹57,600
Prof. Tax (annual)
₹2,400

⚠ Informational only — simplified India tax model (FY 2025-26). Consult a certified tax professional before making financial decisions.

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How to Use

  1. 1 Enter your annual CTC (Cost to Company) in rupees
  2. 2 Adjust basic salary percentage — default is 40% of CTC
  3. 3 Adjust HRA percentage — default is 40% of Basic
  4. 4 Select New or Old tax regime (FY 2025-26)
  5. 5 For old regime: enter 80C/80D deductions and select metro or non-metro
  6. 6 See monthly take-home and full breakdown instantly

Features

  • CTC breakdown: Basic, HRA, Special Allowance, Employer EPF
  • Employee EPF deduction — 12% of Basic salary
  • Professional tax — configurable ₹0–₹2,500 per month
  • New regime (FY 2025-26): 0%–30% slabs, 87A rebate up to ₹12L taxable income
  • Old regime: ₹50,000 standard deduction, HRA exemption, 80C up to ₹1.5L
  • 4% education and health cess applied automatically
  • Effective tax rate display
  • Expandable full monthly salary breakdown

Why it Matters

Most Indians receive offer letters quoting annual CTC, but actual take-home can be 15–30% lower after EPF, professional tax, and income tax. Understanding the gap helps compare job offers accurately, plan monthly budgets, and choose the right tax regime.

★★★★★

Use Cases

Job Offer Comparison

Convert two CTC figures to actual take-home to see which offer pays more in hand

Tax Regime Selection

Model new vs old regime side by side to keep more money every month

Budget & EMI Planning

Know your exact monthly in-hand before committing to EMIs or savings goals

HR & Recruiters

Explain approximate take-home to candidates during salary discussions

What this tool does

Enter your annual CTC and get your estimated monthly take-home salary instantly. The tool models the full India salary structure — Basic, HRA, Special Allowance, employer and employee EPF, professional tax, and income tax under new or old regime for FY 2025-26.

CTC vs take-home

CTC (Cost to Company) is what the company spends on you, including employer EPF. Your gross salary is CTC minus employer EPF. Your in-hand salary is gross salary minus employee EPF, professional tax, and income tax. For most salaried employees this gap is 15–30% of CTC.

Compare multiple offers accurately, then use the Income Tax Calculator for a detailed tax breakdown or EMI Calculator to plan loan affordability.

⚠ Informational only — not tax or financial advice. Consult a chartered accountant for precise planning.

Frequently Asked Questions

Why is my take-home so much less than my CTC?
CTC includes the employer's EPF contribution (~12% of Basic), which goes into your PF account rather than your bank account. After subtracting employer EPF you get Gross Salary. Then employee EPF (another 12% of Basic), professional tax, and income tax are deducted to get your in-hand salary.
Which tax regime is better — new or old?
It depends on your deductions. If you have significant 80C investments and HRA, the old regime may save more tax. If you have few deductions, the new regime's lower slabs and the rebate up to ₹12L taxable income usually win. Use this tool to compare both — results vary by salary level.
What is the Section 87A rebate?
87A is a rebate that makes income tax zero if taxable income is within the limit. Under the new regime for FY 2025-26, the rebate applies up to ₹12 lakh taxable income, effectively making net tax ₹0. Under the old regime, it applies up to ₹5 lakh taxable income.
Is this calculation accurate for my exact payslip?
This tool uses a simplified model with fixed percentage components. Your actual payslip may differ based on LTA, meal coupons, NPS contribution, surcharge above ₹50L income, and company-specific structures. Consult a chartered accountant for precise tax planning. This is informational only.
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How to Use Salary Calculator
salary

How to Use Salary Calculator — Complete Guide

Learn how to calculate take-home salary from CTC using the free Salary Calculator on Tools.Town — covers Basic, HRA, PF, income tax (old vs new regime), and in-hand salary.

7 May 2026

5 min read

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