Take-Home Salary Calculator
CTC to monthly in-hand after PF, professional tax and income tax, under both regimes
Monthly In-Hand (New regime)
₹94,269
- Old regime / month
- ₹82,407
- New regime / month
- ₹94,269
- Difference / year
- ₹1,42,340
The full-year tax spread over twelve months. A month's actual TDS can differ.
From CTC to gross salary
- CTC
- ₹12,00,000
- Employer PF
- − ₹21,600
- Gratuity provision
- − ₹23,077
- Gross salary
- ₹11,55,323
- of which basic
- ₹4,80,000
- of which HRA
- ₹2,40,000
- of which special allowance
- ₹4,35,323
Old regime
- Gross salary
- ₹11,55,323
- HRA exemption
- − ₹0
- Professional tax deduction
- − ₹2,500
- Section 123 (formerly 80C) (PF + other)
- − ₹21,600
- Standard deduction
- − ₹50,000
- Taxable income
- ₹10,81,223
- Income tax incl. cess
- ₹1,42,340
- Employee PF
- − ₹21,600
- Professional tax
- − ₹2,500
- Take-home a year
- ₹9,88,883
New regime
- Gross salary
- ₹11,55,323
- Standard deduction
- − ₹75,000
- Taxable income
- ₹10,80,323
- Income tax incl. cess
- ₹0
- Employee PF
- − ₹21,600
- Professional tax
- − ₹2,500
- Take-home a year
- ₹11,31,223
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How this is calculated
Formula
in-hand = gross − employee PF − professional tax − income tax
- gross
- = CTC − employer PF − gratuity provision (if counted in CTC)
- employee PF
- = 12% of basic, or of ₹15,000 a month when capped
- income tax
- = slabs on the taxable income, then rebate, surcharge and 4% cess
With your numbers
- 1Gross salaryCTC − employer PF − gratuity₹12,00,000 − ₹21,600 − ₹23,077 = ₹11,55,323
- 2Taxable income, old regimegross − standard deduction − HRA exemption − professional tax − 80C₹11,55,323 − ₹50,000 − ₹0 − ₹2,500 − ₹21,600 = ₹10,81,223
- 3Taxable income, new regimegross − standard deduction₹11,55,323 − ₹75,000 = ₹10,80,323
- 4In-hand, new regime(gross − employee PF − professional tax − tax) ÷ 12(₹11,55,323 − ₹21,600 − ₹2,500 − ₹0) ÷ 12 = ₹94,269
- The income tax comes from the same engine as the income tax calculator, for the financial year selected.
- Professional tax follows the state’s monthly slabs on your gross salary.
- Your PF is still your money: it goes into your EPF account, not to the government. It just does not reach your bank account each month.
Frequently Asked Questions
Tax at common salaries, FY 2026-27
Each salary worked through both regimes, slab by slab, with the monthly in-hand.
- ₹5 lakh
- ₹7 lakh
- ₹8 lakh
- ₹10 lakh
- ₹12 lakh
- ₹12.75 lakh
- ₹15 lakh
- ₹18 lakh
- ₹20 lakh
- ₹25 lakh
- ₹30 lakh
- ₹50 lakh
- ₹1 crore
Related Tools
Terms used here
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