Convert your CTC to exact in-hand salary. Includes PF, income tax, professional tax, HRA, and gratuity. Free forever.
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FREEEvery Indian employee faces the same confusion: your offer letter says ₹12 LPA but your bank account tells a different story. This salary calculator India tool bridges that gap, giving you the exact in-hand salary from CTC, updated for FY 2026-27 tax slabs.
CTC (Cost to Company) is the total annual expense a company incurs for an employee. It includes your basic salary, allowances (HRA, LTA, special allowance), employer PF contribution, gratuity, and any other perquisites. In-hand salary, also called take-home salary, is what you actually receive in your bank account every month after all deductions.
The gap between CTC and in-hand salary is typically 25–40% of your CTC, depending on your tax bracket, city, and salary structure.
The formula for calculating in-hand salary from CTC:
| Component | Calculation | Example (12 LPA) |
|---|---|---|
| Gross Salary | CTC – Employer PF – Gratuity | ₹10,15,200/yr |
| Basic Salary | 40–50% of Gross | ₹40,000/month |
| HRA | 40–50% of Basic (metro/non-metro) | ₹20,000/month |
| Employee PF | 12% of Basic (max ₹1,800/month) | ₹1,800/month |
| Professional Tax | ₹200/month (Maharashtra, Karnataka) | ₹200/month |
| Income Tax (TDS) | As per tax regime slabs | Varies |
| In-Hand Salary | Gross – All Deductions | ~₹72,000–78,000/month |
The new tax regime is the default from FY 2024-25 onwards. It offers lower slab rates but removes most deductions. The old regime benefits those with large investments and deductions.
| Income Slab | New Regime Rate | Old Regime Rate |
|---|---|---|
| Up to ₹3,00,000 | Nil | Nil |
| ₹3L – ₹7L | 5% | 5% |
| ₹7L – ₹10L | 10% | 20% |
| ₹10L – ₹12L | 15% | 30% |
| ₹12L – ₹15L | 20% | 30% |
| Above ₹15L | 30% | 30% |
Standard deduction of ₹75,000 is available under the new regime for salaried employees from FY 2024-25.
| CTC (LPA) | Monthly In-Hand (New Regime) | Monthly In-Hand (Old Regime) |
|---|---|---|
| 5 LPA | ₹37,500 – ₹40,000 | ₹36,000 – ₹38,500 |
| 8 LPA | ₹58,000 – ₹62,000 | ₹55,000 – ₹60,000 |
| 10 LPA | ₹70,000 – ₹75,000 | ₹67,000 – ₹72,000 |
| 12 LPA | ₹82,000 – ₹88,000 | ₹78,000 – ₹84,000 |
| 15 LPA | ₹1,00,000 – ₹1,07,000 | ₹95,000 – ₹1,02,000 |
| 20 LPA | ₹1,27,000 – ₹1,35,000 | ₹1,20,000 – ₹1,28,000 |
Employee Provident Fund (EPF) is a mandatory retirement savings scheme. Both employee and employer contribute 12% of basic salary. The employee contribution is deducted from your salary, while the employer contribution is part of your CTC. The maximum EPF deduction is capped at ₹1,800/month (12% of ₹15,000 wage ceiling under EPF Act).
Professional tax is a state-level tax deducted by the employer. Here are the rates for major states:
| State | Monthly Professional Tax |
|---|---|
| Maharashtra | ₹200/month (₹300 in Feb) |
| Karnataka | ₹200/month |
| West Bengal | ₹200/month |
| Tamil Nadu | ₹208/month (approx) |
| Andhra Pradesh | ₹150/month |
| Delhi, UP, Rajasthan | Nil (no professional tax) |