Salary Calculator — CTC to In-Hand
Estimate your monthly take-home salary from CTC with PF, professional tax and income tax — and compare the new vs old tax regime.
About this calculator
This free salary calculator converts your annual CTC into an estimated monthly in-hand figure using India's 2026 tax structure. It deducts the employer provident fund from CTC to find gross pay, then subtracts the employee PF contribution, professional tax, and income tax (including the 4% cess and the 87A rebate) to arrive at your take-home salary.
You can switch between the new and old tax regimes — and the calculator shows the annual in-hand under both so you can pick the better option for your situation, including 80C deductions under the old regime.
How CTC becomes your in-hand salary
Your offer letter quotes CTC (cost to company), but several deductions sit between that and the money in your account each month:
- CTC → gross: the employer's PF contribution and benefits are removed to get your gross pay.
- Employee PF: typically 12% of basic salary goes toward your provident fund.
- Professional tax: a small state-level deduction, where applicable.
- Income tax (TDS): calculated on taxable income, including the 4% cess and the 87A rebate.
What remains is your in-hand (take-home) salary.
Old regime vs new regime
The new regime has lower slab rates but removes most exemptions; the old regime keeps higher rates but lets you claim HRA, 80C investments, home-loan interest and more. If you invest heavily in tax-saving instruments the old regime can win; if you don't, the new regime is usually simpler and lighter. The calculator shows the in-hand under both so you can compare on your own numbers.
HRA exemption and company-specific allowances can shift the result, so treat it as a planning estimate and confirm exact figures with your employer or a chartered accountant. Working out a loan on that salary? See the EMI calculator, or plan investments with the SIP calculator.
Why use this tool
CTC to in-hand
Estimate your monthly take-home from CTC after PF, professional tax and income tax.
New vs old regime
Compare both tax regimes side by side using the latest slabs.
Transparent deductions
See exactly what's deducted on the way from gross to net.
Common use cases
- Understand a job offer's real take-home pay
- Compare in-hand under old vs new regime
- Plan monthly budget from your salary
- Check the impact of a raise on take-home
Frequently asked questions
CTC (Cost to Company) is the total an employer spends on you, including employer PF and benefits. In-hand salary is what reaches your bank after PF, professional tax, and income tax are deducted.
It depends on your deductions. The new regime has lower rates but few exemptions; the old regime lets you claim 80C, HRA, and more. The calculator shows the net for both so you can compare.
Employee provident fund is typically 12% of basic salary, matched by the employer. This calculator deducts the 12% employee contribution from your take-home.
0–3L: 0%, 3–7L: 5%, 7–10L: 10%, 10–12L: 15%, 12–15L: 20%, above 15L: 30%, plus a standard deduction and the 87A rebate up to ₹7L taxable.
It is a close estimate. Actual pay depends on your company's exact salary structure, HRA exemption, and other allowances — confirm with your employer or a CA.