Tax Year 2026-27 • Illustrative CTC Breakup

In-Hand Salary Calculator India

Calculate your estimated monthly take-home salary, income tax (Income Tax Act, 2025), EPF, and deductions from total Cost to Company (CTC).

Direct Formula
Section 115BAC / Income Tax Act, 2025 (Tax Year 2026-27)

How is Take-Home Salary Calculated from CTC?

Under the default New Tax Regime (Tax Year 2026-27), your monthly in-hand take-home salary is computed as: Monthly In-Hand = Gross Monthly Salary − (Employee PF + Professional Tax + Monthly TDS Tax). Taxable income up to ₹12 Lakh incurs ₹0 tax after the ₹75,000 standard deduction and Section 87A full tax rebate.

In-Hand = Gross Salary − [Employee PF (12%) + Professional Tax (~₹200) + TDS Income Tax]
  1. Gross Salary: Contracted CTC minus Employer PF contribution (capped at ₹1,800/mo or 12% basic).
  2. Standard Deduction: Flat ₹75,000 deduction under Section 16(ia) automatically reduces taxable salary.
  3. Section 87A Rebate: 100% tax rebate applies if net taxable income is up to ₹12,00,000 (meaning zero tax payable).

Salary Details

₹

Standard deduction of ₹75,000 & zero tax up to ₹12.75 Lakh CTC under Sec 87A.

Under Para 26(6) of EPF Scheme, contributing 12% on higher actual wages is permitted if mutually opted.

Illustrative Salary Structure: Basic modeled at 40% of CTC, HRA at 50% of Basic, and remaining balance as Special Allowance (actual employer structures vary). Professional Tax is estimated at ₹200/month illustrative benchmark.
Estimated Take-Home Salary
₹98,000.00

Per Month (in bank account)

Gross Salary:₹1,00,000.00
Total Deductions:- ₹2,000.00

Monthly Earnings & Deductions Breakdown

Earnings (Gross Salary)
Basic Pay (40% of CTC)₹40,000.00
House Rent Allowance (HRA)₹20,000.00
Special / Other Allowances₹40,000.00
Statutory & Tax Deductions
Employee PF Contribution- ₹1,800.00
ESI Contribution- ₹0.00
Professional Tax (PT)- ₹200.00
Estimated Income Tax (TDS)Standard deduction: ₹75,000
- ₹0.00
Net In-Hand Salary₹98,000.00
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Applicable Period: Tax Year 2026-27
Reviewed: 2026-09-01
Calculation Assumptions & Scope
  • Illustrative salary structure modeled as 40% Basic, 20% HRA, 40% Special Allowance (actual employer structures may vary)
  • Employee PF calculated at 12% of Basic salary with optional ₹1,800/month statutory cap (EPFO ₹15,000/mo ceiling)
  • ESI at 0.75% of Gross wages applies only for monthly wages up to ₹21,000
  • Professional Tax modeled at standard ₹200/month illustrative rate; actual amounts vary by state legislation
  • Income tax computed under Tax Year 2026-27 rules (Income Tax Act, 2025) with ₹75,000 standard deduction under New Regime
  • Section 87A full rebate up to ₹60,000 ensures zero tax liability up to ₹12 Lakh taxable income (₹12.75L gross for salaried)
  • Excludes employer PF/gratuity contributions, meal vouchers, NPS, and annual variable bonuses
Statutory Ground TruthApplicable: Tax Year 2026-27

Statutory Payroll & Tax Fact Triples (Tax Year 2026-27)

Definitive statutory benchmarks governing Indian employee CTC to take-home salary conversions.

Verified: September 2026
Salaried Zero-Tax Liability Ceiling
Section 87A Proviso & Section 16(ia), Income Tax Act, 2025
Salaried employees earning up to ₹12,75,000 Gross CTC have ₹0 income tax liability due to ₹75,000 standard deduction reducing taxable income to ₹12,00,000, which qualifies for a 100% tax rebate of up to ₹60,000.
Authority: Income Tax Department (CBDT)Official Source
EPF Statutory Wage Ceiling & Cap
Section 6, Employees' Provident Funds and Miscellaneous Provisions Act, 1952
Mandatory employee provident fund contribution is 12% of basic salary, with a statutory monthly wage ceiling of ₹15,000, capping mandatory employee PF at ₹1,800/month unless uncapped contribution on actual basic is mutually elected.
Authority: Employees' Provident Fund Organisation (EPFO)Official Source
ESIC Mandatory Insurance Ceiling
Section 2(9), Employees' State Insurance Act, 1948
ESIC health coverage is statutory only for employees with monthly gross wages up to ₹21,000. Employee deduction rate is 0.75% and employer share is 3.25% of gross wages.
Authority: Employees' State Insurance Corporation (ESIC)Official Source
Standard Deduction for Salaried Employees
Section 16(ia), Income Tax Act, 2025 (Finance Act, 2024)
A flat deduction of ₹75,000 is allowed from gross salary under the New Tax Regime (compared to ₹50,000 under the Old Tax Regime), irrespective of actual expenses incurred.
Authority: Ministry of Finance, Government of IndiaOfficial Source

Frequently Asked Questions

What's the difference between CTC, Gross Salary, and Net Salary?

CTC (Cost to Company) includes all benefits: salary, bonuses, PF contribution, insurance, perks. Gross Salary is the in-hand component before deductions (Basic + HRA + Allowances). Net Salary (take-home) is what you receive after deducting PF, ESI, tax, and professional tax.

How is my in-hand salary calculated from CTC?

In-hand = Gross Salary - (Employee PF + ESI + Professional Tax + Income Tax). Generally, monthly in-hand is 70-80% of monthly CTC. The exact percentage depends on your salary structure, tax regime chosen, and deductions like PF/insurance.

What is Employee PF and is it mandatory?

EPF (Employee Provident Fund) is a retirement savings scheme where both employer and employee contribute 12% of basic salary (capped at ₹15,000 basic, so max ₹1,800/month). It's mandatory for companies with 20+ employees. Interest rate is ~8.25% per year (2025-26), and it's tax-free.

What is ESI deduction?

ESI (Employee State Insurance) provides medical benefits. Applicable if gross salary is ≤₹21,000/month. Employee contributes 0.75% and employer contributes 3.25% of gross salary. It covers medical expenses for employee and family.

How can I increase my in-hand salary?

Opt for new tax regime if you don't claim many deductions. Structure your salary to include tax-free components like meal allowances, leave travel allowance. Invest in tax-saving instruments (₹1.5L under 80C) if using old regime. Consider flexi-benefits offered by your employer.

What is Professional Tax?

Professional Tax is a state-level tax on employment/profession. Rates vary by state (Maharashtra, Karnataka, West Bengal, etc.). Maximum is ₹2,500/year (₹200-250/month). Your employer deducts and pays it. Not all states levy this tax.

How to Use This Calculator

  1. 1

    Enter your Annual CTC (Cost to Company) as mentioned in your offer letter or salary slip.

  2. 2

    Optionally customize your Basic Pay, HRA, and Special Allowance. If left blank, standard ratios are used (40%-50%-remaining).

  3. 3

    Select whether PF (Provident Fund) applies to you. Most salaried employees in organizations with 20+ employees have PF.

  4. 4

    Click 'Calculate Salary' to see detailed breakdown: gross salary, all deductions, and your net take-home salary.

Key Terms & Definitions

CTC (Cost to Company)
Total cost incurred by company for an employee including salary, benefits, bonuses, and employer's contributions to PF/insurance.
Basic Salary
Core component of salary, typically 40-50% of CTC. PF, gratuity, and other benefits are calculated based on basic salary.
HRA (House Rent Allowance)
Component for housing expenses, typically 40-50% of basic salary. Partly tax-exempt if you pay rent.
Special Allowance
Flexible salary component to make up the remaining CTC after basic and HRA. Fully taxable.
Gross Salary
Total of Basic + HRA + Allowances before any deductions. This is the monthly CTC equivalent.
Net Salary / Take-home
Amount credited to your bank account after all deductions (PF, ESI, tax, professional tax).

Formulas & Calculations

Standard Salary Structure

Basic = 40-50% of CTC HRA = 40-50% of Basic Special Allowance = Remaining Gross = Basic + HRA + Special Allowance

Example: ₹10L CTC = ₹33,333/month. Basic ₹13,333, HRA ₹6,667, Special ₹13,333. Companies may vary this structure.

Take-home Calculation

Net Salary = Gross - (PF + ESI + Professional Tax + Income Tax)

Deductions: PF = 12% of basic (max ₹1,800), ESI = 0.75% if gross ≤ ₹21K, PT = ₹200-250/month, Tax as per slabs.

Disclaimer: Calculated salary numbers are estimates based on standardized payroll formulas. Actual employer CTC breakups may incorporate variable components, performance bonuses, gratuity provision, employer PF contributions, food coupons, or NPS contributions. Consult your company HR/payroll department for your exact salary slip numbers.