Skip to content
₹CTC Calculator

FY 2026-27 · AY 2027-28

CTC Calculator: know your real take-home and in-hand salary

Enter your Cost to Company and see your in-hand salary instantly — with the full breakup, deductions and an Old vs New tax regime comparison. No signup, no data stored.

Free and private — about this tool · privacy policy · terms · get in touch

Your salary details

40%
50%
Tax regime
Advanced options
City type (HRA rule)
EPF calculation
Old-regime deductions (used in comparison)

Monthly take-home

—

Annual: —

Deductions shown for the new tax regime · FY 2026-27

Where your CTC goes

    Annual salary breakup

    Basic salary—
    HRA—
    Bonus—
    Special allowance—
    Gross salary—

    Deductions

    Employee EPF—
    Professional tax—
    Income tax (TDS) est.—
    Total deductions—

    Employer's cost (not deducted from your pay):Employer EPF — + EPS — + Gratuity — = —

    Monthly TDS is an even-distribution estimate; actual employer TDS varies month to month with projected annual income.

    Link copied

    Why this calculator

    Built to be better, not bigger

    Instant results

    Every number updates live as you type — no Calculate button.

    Accurate formulas

    FY 2026-27 slabs, 87A rebate, marginal relief, EPF & gratuity rules.

    Regime comparison

    Old and New regime side by side, with the winner highlighted.

    Privacy friendly

    Runs entirely in your browser. Nothing is stored or sent.

    Free forever

    No signup, no paywall, no limits. Mobile, tablet and desktop.

    Shareable results

    Copy a link or download a PDF of your full breakup.

    The complete guide

    What is a CTC calculator and why you actually need one

    CTC stands for Cost to Company — the full amount your employer sets aside for you over a year. It covers your take-home pay, and on top of that the employer's side of provident fund, EPS, gratuity, health cover and sometimes a joining or retention bonus. Looks impressive on an offer letter, sure. But nobody spends their CTC. You live on whatever lands in your bank account each month, and a good CTC calculator is what actually connects the two.

    This free online CTC calculator for India turns your annual cost to company into the number you actually budget with: monthly in-hand salary. Flip it round and it doubles as an in-hand to CTC calculator and a salary to CTC calculator — type a monthly figure, or a target for your next offer, and it rebuilds the annual structure underneath. Everything runs in your browser, so no employer data ever leaves your machine.

    What your salary breakup actually contains

    Of all the pages in an offer letter, the salary breakup is the one worth reading twice. A typical Indian structure is a few blocks stacked together, and each one is treated differently at tax time.

    Basic salary and HRA

    Basic is usually 35–50% of your CTC and is fully taxable. HRA, or house rent allowance, sits on top of it. Under the old regime you can claim HRA exemption using actual rent paid, capped by rules under Section 10(13A) — metro and non-metro cities get 50% and 40% of basic respectively. Since April 2026 the metro list covers eight cities including Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad.

    Special allowance and bonus

    Whatever remains — the special allowance — is fully taxable, and performance-linked bonus is usually taxed when it's earned rather than when it's promised.

    Employer contributions: EPF, EPS and gratuity

    Your employer puts 12% of basic into provident fund and accrues gratuity at about 4.81% of basic. These are real costs to the company, which is why they sit inside your CTC — but they are not subtracted from your take-home. This calculator keeps them as a side note.

    From CTC to in-hand salary: the deductions in between

    Your net take-home is your gross salary minus three main deductions. This is where a take home salary calculator after tax pays for itself — nudge any one of these and the number that actually lands in your bank account shifts.

    Income tax (TDS)

    Income tax is deducted month by month through TDS, and it's usually the single biggest cut. The new regime applies lower rates with a flat standard deduction of ₹75,000; the old regime allows HRA, 80C, 80D and home-loan deductions but with a ₹50,000 standard deduction.

    Employee provident fund (EPF)

    As an employee you contribute 12% of basic to EPF. It's tax-efficient and builds a retirement corpus, but most people want the in-hand number "after EPF" — what they can actually spend.

    Professional tax

    Professional tax is a small state-level levy, capped at ₹2,500 a year, and plenty of states skip it altogether. So when you're weighing offers across cities — a take home salary calculator Bangalore result against one for Pune or Delhi — the right rate matters. This one applies the correct amount for each of the 28 states.

    Gross, net and in-hand salary: keep the three straight

    Gross salary is your CTC minus employer-side contributions — the figure your tax is worked out on. Net salary is gross after income tax and professional tax. In-hand is the one that actually reaches your account every month. A net salary calculator India puts all three on one screen, so you stop comparing your gross against someone else's take-home.

    The gap between the two can surprise you — at many incomes it's 15% to 25% of CTC once tax and EPF come out. A monthly take home salary calculator puts that in front of you before you accept an offer, not after.

    Planning a hike? Use a CTC calculator backwards

    A CTC calculator hike works backwards instead. Tell it the monthly salary you want in hand and it hands back the annual CTC that would produce it. Or model a raise and check the real hike percentage — a jump from ₹14 lakh to ₹16 lakh reads like 14%, but a higher TDS rate bites into the monthly increase. Run the take-home before and after and the true hike shows itself.

    New regime vs old regime: which take-home is better in FY 2026-27?

    The old vs new tax regime calculator is the part people come back to most. For most salaried employees with modest investments, the new regime's lower rates win — income up to ₹12,00,000 is effectively tax-free thanks to the Section 87A rebate. But load up on deductions — HRA, ₹1.5 lakh in 80C, ₹50,000 in health premiums, a ₹2 lakh home-loan interest claim — and the old regime can still come out ahead. Run both side by side in the regime comparison and keep whichever leaves more in your pocket. For most people this isn't abstract: it's a few thousand rupees more, or less, in hand every month, and a take home salary calculator new regime shows you that figure directly.

    FY 2026-27 income tax slabs at a glance

    These are the new regime slabs for FY 2026-27 (AY 2027-28), which this tax calculator India applies by default. The Section 87A rebate wipes out tax on income up to ₹12 lakh, and marginal relief softens the blow for anyone just above that line.

    Income slabRate
    Up to ₹4,00,000Nil
    ₹4,00,001 – ₹8,00,0005%
    ₹8,00,001 – ₹12,00,00010%
    ₹12,00,001 – ₹16,00,00015%
    ₹16,00,001 – ₹20,00,00020%
    ₹20,00,001 – ₹24,00,00025%
    Above ₹24,00,00030%

    A quick worked example: at ₹12,00,000 CTC with basic at 40%, your gross works out to ₹11,55,312. After employee EPF, professional tax and a ₹0 income-tax liability under the new regime, you take home about ₹11,31,212 a year — roughly ₹94,268 a month. Under the old regime the same CTC owes an estimated ₹1,49,857 in tax, which is exactly the trade-off this comparison exists to show.

    Answers that actually explain it

    Frequently asked questions

    CTC → In-hand

    CTC, or Cost to Company, is the total your employer spends on you in a year — your basic, HRA, allowances, bonus, and the employer’s side of PF, EPS and gratuity. In-hand salary is what actually reaches your bank account each month: gross pay minus income tax (TDS), your own EPF contribution and professional tax. That is why the number on an offer letter almost never matches the figure on a salary slip.

    Start from your gross salary, which is your CTC minus employer contributions. Then subtract income tax (TDS), your employee EPF contribution and professional tax, and divide by 12. The simplest route is to run your annual CTC through an online CTC to in-hand salary calculator, which applies the FY 2026-27 slabs, the standard deduction and your chosen tax regime automatically.

    No, and often the gap is surprisingly small. Income tax is progressive, so the extra income from a hike is taxed at a higher marginal rate. A 20% raise on your CTC frequently turns into 15% or less in hand. A hike calculator that compares your take-home before and after the raise shows the real percentage instead of the headline number.

    Because CTC includes money you never see. Income tax, your EPF contribution and professional tax are all deducted, and on top of that your CTC counts employer contributions like PF and gratuity that never reach your account at all. For many earners take-home lands between 70% and 80% of CTC.

    No. CTC is your full annual cost to the company, while in-hand is the net amount you receive each month after statutory deductions. They can differ by 20–30%, which is why you should never budget or negotiate on CTC alone — always work from your in-hand figure.

    CTC equals your gross salary plus every employer contribution. So CTC = basic + HRA + special allowances + bonus + employer PF + EPS + gratuity (and sometimes benefits like insurance). Your salary breakup lists each component — add them together. A salary to CTC calculator reverses an in-hand figure back into the annual CTC needed to produce it.

    Take-home salary

    Take your gross salary, claim the flat ₹75,000 standard deduction, apply the FY 2026-27 slabs, then subtract any Section 87A rebate and cess. What remains is your annual tax. Take-home equals gross minus that tax, minus your employee EPF and professional tax. A take-home salary calculator new regime does all of this in one pass at the slab rate matching your income.

    Slightly. Professional tax is charged by state — Karnataka levies about ₹2,500 a year once your monthly salary crosses ₹25,000, while several northern states charge nothing. HRA can also differ: under the old regime metro cities get a 50% of basic exemption ceiling against 40% for non-metro. So two identical offers in different cities can leave slightly different amounts in hand.

    In-hand salary

    Three main ones: income tax deducted month by month as TDS, your employee EPF contribution (usually 12% of basic) and professional tax where your state levies it. Employer contributions like PF and gratuity are never deducted from take-home — they sit inside the CTC the company pays but you don’t receive.

    No. The standard deduction is an income-tax deduction, not a payslip line item. It lowers your taxable income — ₹75,000 in the new regime, ₹50,000 in the old — which reduces the tax that is then taken out of your salary. It is not a separate cut that comes out of your bank pay.

    Take your annual gross salary, subtract the income tax for the year and your employee EPF contribution, then divide by 12 and remove professional tax if your state charges it. A monthly in-hand calculator handles the tax slabs and regime for you, so you get the per-month figure instead of doing the arithmetic by hand.

    Roughly ₹57,000 a month, depending on your salary breakup. On a 7.5 LPA CTC with a typical structure under the new regime, income tax is nil thanks to the ₹12 lakh rebate, so the gap to in-hand is mostly your EPF and professional tax — about ₹57,500 monthly take-home. The exact number shifts with your structure and state.

    Around ₹33,000 a month. At 4.5 LPA there is no income tax under the new regime, so your in-hand is your gross salary minus employee EPF and professional tax — roughly ₹32,970 monthly with a standard structure. The exact figure depends on how your basic, allowances and state levy work out.

    General salary & breakdown

    There is no single official formula, but the common chain is: Gross = Basic + HRA + Special Allowance + Bonus. Net (take-home) = Gross − Income Tax − EPF − Professional Tax. And CTC = Gross + Employer contributions. Most CTC calculations follow this path, adjusting for whichever tax regime you choose.

    It is part of your CTC, not your gross salary. Gross salary is what income tax is computed on, and it excludes the employer’s PF, EPS and gratuity. Your CTC includes those contributions, which is exactly why CTC runs higher than gross.

    Not as a rule. Basic is typically 35–50% of CTC, but no statute locks it at any figure and employers choose the split when structuring an offer. The percentage matters because EPF (12% of basic) and the old-regime HRA exemption are both pegged to basic.

    Deduct income tax, employee EPF and professional tax from gross. Online net salary calculators automate this using the correct FY 2026-27 slabs and standard deduction — you enter your gross and regime once and get the net figure monthly and annually, with no tax-table lookups.

    Multiply your monthly gross by 12 to get annual gross, then add the employer’s contributions (PF, EPS, gratuity, insurance) and any yearly items like bonus and allowances. In effect, annual CTC = (monthly gross × 12) + employer-side costs. A salary to CTC calculator rebuilds the full annual structure for you.

    Tax regime comparison

    There is no single answer; it comes down to your deductions. The new regime offers lower slab rates and a zero-tax band up to ₹12 lakh via the 87A rebate, but drops most deductions. If you carry heavy HRA, 80C, 80D and home-loan interest, the old regime can win. Run both side by side in a comparison calculator and keep whichever leaves you a higher take-home.

    You effectively choose your regime for the whole financial year. Salaried employees indicate their preference to the employer for TDS, then confirm the final choice in the income tax return (ITR). People without business income can switch between regimes each year when filing, even though TDS during the year follows the option declared.

    In the new regime most Chapter VI-A deductions disappear — Section 80C (PPF, ELSS, LIC), 80D (health insurance), 80CCD(1B) NPS and the home-loan Section 24(b) interest. You keep the ₹75,000 standard deduction and a few employer-provided benefits such as the NPS employer contribution. So the easy rebate is partly offset by losing those tax-savers.

    It computes your tax twice, once under each regime. It applies each regime’s slabs to the same gross, adds the relevant standard deduction and allowed Chapter VI-A claims, subtracts the Section 87A rebate, and shows the difference. The result is the take-home gap, so you can see in rupees which regime saves more.

    Income tax — FY 2026-27

    Under the new regime: up to ₹4 lakh is nil, ₹4–8 lakh 5%, ₹8–12 lakh 10%, ₹12–16 lakh 15%, ₹16–20 lakh 20%, ₹20–24 lakh 25% and above ₹24 lakh 30%. The old regime stays at ₹2.5–5 lakh 5%, ₹5–10 lakh 20% and above ₹10 lakh 30%. Slabs are unchanged from FY 2025-26.

    Effectively, yes. Thanks to the Section 87A rebate of ₹60,000, taxable income up to ₹12 lakh pays no tax, apart from income taxed at special rates such as capital gains. A marginal-relief provision softens the jump just above ₹12 lakh, so the tax does not leap all at once.

    File your return under the new regime and the rebate is applied when you compute your tax. If your taxable income — after the ₹75,000 standard deduction — is up to ₹12 lakh, the rebate cancels the tax and your liability drops to zero. Keeping your income at or under that line is how you stay tax-free.