CTC to in hand salary calculator
Enter your CTC and see the monthly in hand salary after income tax, EPF and professional tax for FY 2026-27, with the new and old regime compared on your exact structure and every deduction shown, not hidden.
Your package
12 LPA
Bonus or performance pay; kept out of the monthly figure
Rent and HRANo rent declared
Old regime only; metro means Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune or Ahmedabad
City
Deductions (old regime)₹2,02,400 allowed
EPF, PPF, ELSS, LIC, tuition; capped at ₹1,50,000
Extra NPS over 80C; capped at ₹50,000
₹25,000 self and family, plus ₹25,000–50,000 for parents
Self-occupied house; capped at ₹2,00,000
LTA, 80E education loan interest, 80G donations, 80TTA
Tax and profilePT ₹2,400/yr · age 30
₹0 in Delhi, Haryana, UP; about ₹2,400–2,500 in Karnataka, Maharashtra, Bengal
Monthly in hand · new regime
₹87,800
₹10,53,600 for the year · the new regime saves ₹1,01,525/year
- Gross/month
- ₹94,000
- Income tax/month
- ₹0
- EPF + PT/month
- ₹6,200
- Effective tax
- 0.0%
FY 2026-27 rules · verified 31 Oct 2026 · nothing you type leaves your browser
What this salary means
Computed from your numbers, nothing sent anywhere- Income tax₹0The 87A rebate wipes out tax on taxable income up to ₹12 lakh, so nothing goes to income tax this year.
- HRA unused₹2,40,000You receive HRA but declared no rent. Add your rent to see the old regime exemption.Open calculator
- EPF corpus at 60₹2,80,60,026Your 12% and the employer share compounding at 8.25% with 5% annual raises, starting from age 30.Open calculator
- Home loan you can carry₹40,46,907An EMI of ₹35,120 (40% of in hand) at 8.5% over 20 years.
- Gratuity after 5 years₹1,44,23115 days of basic for every year served, tax free up to ₹20 lakh. Paid on top of CTC when you leave.Open calculator
- Among tax filerstop 11%Gross salary of ₹11,28,000 sits above 89% of income tax returns filed in India.
Where each month's CTC goes
- In hand₹87,80087.8%
- Employee PF₹6,0006%
- Professional tax₹2000.2%
- Employer PF₹6,0006%
In hand as CTC grows
- New regime₹87,800/month
- Old regime₹79,340/month
At 12 L ctc (your figure)
Your year, line by line
| Component | Per month |
|---|---|
| Cost to company | ₹1,00,000 |
| Basic | ₹50,000 |
| House rent allowance | ₹20,000 |
| Special allowance | ₹24,000 |
| Employer EPF, retained for you | − ₹6,000 |
| Gross salary | ₹94,000 |
| Income tax, cess and surcharge | ₹-0 |
| Employee EPF | − ₹6,000 |
| Professional tax | − ₹200 |
| Total in hand | ₹87,800 |
New regime (FY 2026-27)lower tax
| Gross salary | ₹94,000 |
| Standard deduction | − ₹6,250 |
| Taxable income | ₹87,750 |
| Rebate 87A | ₹3,775 |
| Income tax + cess | ₹-0 |
| Employee PF | − ₹6,000 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹87,800 |
Old regime
| Gross salary | ₹94,000 |
| Standard deduction | − ₹4,167 |
| Section 80C | − ₹12,500 |
| Professional tax 16(iii) | − ₹200 |
| Taxable income | ₹77,133 |
| Income tax + cess | − ₹8,460 |
| Employee PF | − ₹6,000 |
| Professional tax | − ₹200 |
| Monthly in hand | ₹79,340 |
Why might this differ from your payslip?
The Labour Codes in force since 21 November 2025 push basic to at least half of pay, but many offers still set it between 30% and 45% of CTC. Basic drives EPF, gratuity and HRA, so a different share moves the monthly figure by a few thousand rupees. Special allowance absorbs whatever basic and HRA leave, so the package always adds up to CTC. Read the basic line on your offer letter and set the slider to match.
Bonus and variable components sit inside CTC but are not paid monthly, and are often paid at 80–100% of target. Enter the variable amount above and the monthly figure will show only the fixed part.
Many employers compute PF on the ₹25,000 statutory wage ceiling (₹3,000 a month, raised from ₹15,000 on 17 September 2026) instead of the full basic. Some keep employer PF outside CTC. Both toggles are in the package section.
Payroll spreads the annual tax across twelve months, but it recomputes when you declare investments, change jobs mid year or receive a bonus. The March payslip is often lower than this estimate; the yearly total should match.
Food coupons, group insurance premiums, gym or phone reimbursements and stock grants all live inside CTC at some companies. They are not cash, so they do not appear here. Subtract them from CTC before entering it.
Does this match your payslip?
Monthly in hand · new regime
₹87,800
₹10,53,600/yr
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How CTC becomes in hand salary
1
CTC to gross
Employer PF (12% of basic) and any gratuity provision come out of CTC first. That money is yours, but it never reaches your bank account monthly.
2
Gross to taxable
The ₹75,000 standard deduction comes off automatically under the FY 2026-27 new regime. Under the old regime it is ₹50,000 plus whatever you declare: 80C, HRA, home loan interest.
3
Tax on the slabs
The new regime charges nothing up to ₹4L, then 5-30% in ₹4L bands. The 87A rebate wipes tax on taxable income up to ₹12L, so ₹12.75L CTC-ish salaries pay zero income tax.
4
Taxable to in hand
From gross, subtract the computed tax, your own 12% EPF contribution and professional tax. Divide by twelve. That is the number that matters.
Questions, answered straight
CTC (cost to company) is everything your employer spends on you: gross salary plus employer PF, gratuity provision and benefits. In hand salary is what lands in your bank account each month after employer contributions are removed and income tax, your own EPF contribution and professional tax are deducted. A 12 LPA CTC is roughly ₹90,000 per month in hand under the new regime, not ₹1,00,000.
Start with CTC, subtract employer EPF (12% of basic) and any gratuity provision to get gross salary. From gross, subtract the ₹75,000 standard deduction to get taxable income, compute income tax under the FY 2026-27 new regime slabs, then subtract that tax, your own 12% EPF contribution and professional tax from gross. Divide by 12 for the monthly figure.
Yes, under the new regime. The section 87A rebate wipes out tax on taxable income up to ₹12,00,000, and with the ₹75,000 standard deduction a salary of ₹12.75 lakh pays zero income tax. Above that, marginal relief phases the tax in gradually. You still pay EPF and professional tax, so in hand is below gross even when income tax is zero.
For most salaried people in FY 2026-27 the new regime wins: its slabs are lower and the 87A rebate covers taxable income to ₹12 lakh. The old regime only wins if you claim large deductions, typically above roughly ₹4-4.5 lakh combined from 80C, HRA exemption, home loan interest and 80D. This calculator compares both on your exact numbers.
Company salary structures differ: basic may be 40% or 50% of CTC, employer PF may be capped at ₹3,000 per month on the ₹25,000 statutory wage ceiling, gratuity may or may not sit inside CTC, and variable pay is usually paid quarterly or annually, not monthly. Adjust the assumptions in the calculator to match your offer letter.
No. Professional tax is a state levy, at most ₹2,500 per year. Karnataka and Maharashtra charge about ₹200 per month, while Delhi and Haryana charge none. The calculator defaults to ₹2,400 per year and lets you change it.