Take-Home Salary Calculator (India)

This free online take-home salary calculator estimates your in-hand pay in India after income tax and deductions, based on your annual CTC. Choose between the New and Old tax regimes and factor in provident fund and other deductions to see your estimated monthly and annual take-home salary.

Simplified estimate assuming CTC ≈ gross annual pay — actual take-home depends on your specific salary structure, allowances, and deductions. Not tax advice.


How to Use the Take-Home Salary Calculator

  1. Enter your "Annual CTC (₹)".
  2. Select your "Tax Regime" — New Regime or Old Regime.
  3. Enter "Other Deductions (%)" to account for PF and other deductions as a percentage of CTC.
  4. Click "Calculate Take-Home".
  5. Review the annual tax, other deductions, and your annual and monthly take-home pay in the results table.

CTC Is Not What Reaches Your Bank Account

Cost to company (CTC) is everything an employer spends on you in a year. Part of it is never paid out monthly. A typical Indian salary structure looks like this:

ComponentWhat it is
Basic salaryFully taxable; PF and gratuity are worked out on it
HRA and other allowancesPaid monthly; HRA can be partly exempt under the old regime if you pay rent
Employer's PF contributionGoes to your EPF account, not your salary account
Gratuity provisionPaid only when you leave after qualifying service
Variable pay or bonusPaid quarterly or yearly, often depending on performance
Group insurance premiumA benefit, not cash

From the part that is paid, your employer deducts your own PF contribution, professional tax in states that levy it (capped at ₹2,500 a year), and TDS for income tax.

How This Calculator Simplifies It

The tool calculates income tax on the whole CTC using the same slab method as our Income Tax Calculator, adds 4% cess, then removes the "Other Deductions" percentage of CTC and divides what is left by 12. The 10% default roughly covers PF on both sides when basic pay is about 40% of CTC: 12% employee PF plus 12% employer PF on that basic comes to 9.6% of CTC. If your employer limits PF to the statutory wage ceiling of ₹15,000 a month, the two contributions are ₹1,800 each a month, or ₹43,200 a year in total, which on a ₹12 lakh CTC is only 3.6%. Enter the percentage that matches your payslip and add any gratuity, insurance or variable pay you will not receive monthly.

Worked Example: ₹12 Lakh CTC

With the New Regime and 10% other deductions, taxable income is ₹11,25,000 after the ₹75,000 standard deduction. That is under the ₹12 lakh rebate limit, so income tax is nil. Other deductions are ₹1,20,000, leaving an annual take-home of ₹10,80,000, or ₹90,000 a month.

At ₹18 lakh CTC the same settings give tax of ₹1,50,800 including cess, other deductions of ₹1,80,000 and a monthly take-home of about ₹1,22,433. The tool treats the whole CTC as taxable salary. In practice employer PF and gratuity are part of CTC but are not taxed as salary, so your real tax can be a little lower and your in-hand pay a little higher.

Comparing Job Offers

  • Ask for the salary break-up, not just the CTC. Two offers with the same CTC can differ by thousands a month in hand depending on variable pay and how much is placed in PF, gratuity and benefits.
  • Treat employer PF as savings rather than lost money; it earns interest and is yours, though you can access it only under EPF withdrawal rules.
  • Your first payslip is the real check. Compare its net pay with this estimate and adjust the deduction percentage for future calculations.

Frequently Asked Questions

It treats your annual CTC as gross pay, applies income tax based on the slab rates for your chosen regime plus a 4% health and education cess, subtracts your entered "Other Deductions" percentage of CTC, and divides the remainder by 12 to give a monthly figure.

Under the New Regime the calculator subtracts a ₹75,000 standard deduction, applies the slabs from FY 2025-26 (nil up to ₹4 lakh, then 5% to 30%), and applies the rebate that makes taxable income up to ₹12 lakh tax-free. Under the Old Regime it subtracts a ₹50,000 standard deduction, applies the 0%, 5%, 20% and 30% slabs, and gives the rebate up to ₹5 lakh of taxable income. It does not include Old Regime deductions such as 80C or HRA exemption.

It represents deductions such as provident fund contributions and other recurring deductions, expressed as a percentage of your annual CTC, which are subtracted from your pay in addition to income tax.

No. This is a simplified free estimate that assumes CTC equals gross annual pay. Your actual take-home will vary based on your specific salary structure, allowances, and exemptions, so it should not be treated as tax advice.

CTC includes items that are not paid monthly, such as employer PF, gratuity, insurance and variable pay, and the monthly salary that is paid then has your own PF, professional tax and TDS deducted. Depending on the structure, in-hand pay is often noticeably lower than CTC ÷ 12 even at modest incomes.
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