Take-home salary calculator India
Enter your CTC and see the exact in-hand amount — after EPF, professional tax, and income tax under both regimes.
Salary details
Total Cost to Company per year
Usually 40-50% of CTC
House Rent Allowance
For HRA exemption calculation
Age affects some tax deductions
Tax regime
Monthly in-hand salary
₹72,416
86.9% of CTC
Annual summary
Deductions breakdown
Tax regime comparison
Old regime
₹22,090
Tax
New regime
₹37,305
Tax
Old regime saves ₹15,215 in tax
Tax saving options (old regime)
- Maximize 80C: ELSS, PPF, EPF (max ₹1.5L)
- HRA: pay rent and claim exemption
- Health insurance: 80D deduction (₹25K)
- NPS: additional ₹50K under 80CCD(1B)
- Home loan interest: up to ₹2L under Section 24
CTC breakdown
Hidden components in CTC:
These do not appear on your payslip but are part of CTC
Monthly breakdown
How the calculator works
Enter your annual CTC and your basic salary percentage. The calculator splits your CTC into its components — basic, HRA, special allowance, transport allowance, LTA, bonus — then applies three deductions to arrive at your in-hand figure: EPF (12% of basic, employee share), income tax under whichever regime you select, and professional tax (₹200/month for most states).
The employer's EPF contribution (12% of basic) and the gratuity provision (4.81% of CTC) are shown separately because they are part of your CTC but will never appear on your payslip.
Worked example: ₹12 LPA, new regime
Say your CTC is ₹12 lakh per year, basic is 40% (₹4.8L), and you are on the new regime. Gross salary works out to approximately ₹10.3L after employer EPF (₹21,600) and gratuity (₹57,720) are excluded. Standard deduction of ₹50,000 brings taxable income to roughly ₹9.22L. Under new regime slabs for FY 2025-26 that gives an income tax of about ₹62,400 including 4% health and education cess. Add employee EPF (₹21,600) and professional tax (₹2,400) and total deductions are around ₹86,400. Annual in-hand is approximately ₹9.43L — or about ₹78,600 per month, which is 78.6% of CTC.
Switch to the old regime with full 80C investment (₹1.5L) and ₹25,000 in health insurance premiums, and taxable income drops to around ₹7.07L. Tax falls to roughly ₹48,000, saving about ₹14,000 a year — but only if you are actually making those investments.
Three deductions on every payslip
EPF: 12% of basic salary is deducted from your pay and deposited in your EPF account. Your employer contributes a matching 12%, though 8.33% of that goes toward EPS (Employees' Pension Scheme) and only 3.67% toward EPF. Both contributions are capped at a basic of ₹15,000/month, so the maximum employee deduction is ₹1,800/month.
Income tax (TDS): Your employer deducts tax at source each month based on your projected annual tax liability. Under the new regime, the first ₹7L of taxable income attracts zero tax (after the ₹87A rebate). Above that, slabs run from 5% to 30%. The old regime allows more deductions but has higher base rates.
Professional tax: A state-level tax capped at ₹2,500/year. Most states charge ₹200/month (₹2,400/year). Telangana, Assam, and a few others have their own schedules. It is deductible from income under both regimes.
New vs old regime at a glance
The new regime (default from FY 2023-24 onward) has lower slab rates but strips out almost all exemptions and deductions. The old regime keeps HRA exemption, 80C, 80D, home loan interest (Section 24), LTA, and more — but the base rates are higher.
The crossover point for most salaried employees is around ₹15 LPA: below that, the new regime usually wins unless you have large HRA and 80C investments. Above ₹15 LPA with full deductions, the old regime can save ₹30,000–₹80,000 a year. The calculator shows both side by side so you can see the difference for your exact CTC.
Related tools and reading
- Income tax calculator — compute your full tax liability for FY 2025-26, old and new regime
- SIP calculator — see how investing a fixed monthly amount from your in-hand salary compounds over time
- ₹30K salary investment plan — what to do with your first salary: emergency fund, term insurance, and one SIP
Frequently asked questions
What is take-home salary for ₹10 LPA CTC?
Typically ₹58,000–₹62,000 per month (about 70–75% of CTC). The gap comes from employee EPF (12% of basic), income tax, and professional tax. Your exact number depends on basic salary percentage and which deductions you claim.
How is take-home salary calculated from CTC?
Take-home = Gross salary − Employee EPF (12% of basic, max ₹1,800/month) − Income tax − Professional tax (~₹200/month). Gross salary itself is lower than CTC because employer EPF and gratuity provision are excluded.
New or old regime — which gives higher in-hand?
New regime wins for most people below ₹15 LPA without large deductions. Old regime wins if you max 80C (₹1.5L), have HRA, home loan interest, and health insurance. Use the side-by-side comparison in the calculator to check your situation.
Why is in-hand so much less than CTC?
CTC includes employer EPF (12% of basic) and gratuity provision (4.81%), neither of which reaches your bank account monthly. Then employee EPF, income tax, and professional tax come off your payslip gross. The total shrinkage is typically 25–35% of CTC.
How is HRA exemption calculated?
Minimum of: actual HRA received, rent paid minus 10% of basic, and 50% of basic (metro) or 40% (non-metro). Available only under the old regime. If you do not pay rent, you get no HRA exemption regardless of regime.