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Salary Calculators for India — CTC to In-Hand Pay

Convert your CTC to monthly in-hand salary, compare tax regimes, calculate HRA exemption, and plan your finances. All calculations use verified Tax Year 2026-27 income tax slabs governed by the Income Tax Act, 2025.

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Frequently Asked Questions

How is CTC different from take-home salary?

CTC (Cost to Company) includes your gross salary plus employer contributions (PF, gratuity provision, insurance, etc.). Take-home salary is net pay after deducting employee PF, income tax, professional tax, and any other deductions. Take-home is typically 70–85% of CTC depending on income level and deductions.

What is the standard deduction for salaried employees in Tax Year 2026-27?

Under the new tax regime for Tax Year 2026-27 (Income Tax Act, 2025), the standard deduction for salaried employees is ₹75,000. Under the old regime, it remains ₹50,000.

What is the Section 87A rebate for Tax Year 2026-27?

Under the new tax regime for Tax Year 2026-27, Section 87A provides a rebate equal to the tax payable (up to ₹60,000) for individuals with total income not exceeding ₹12,00,000. This effectively makes income up to ₹12 Lakh tax-free under the new regime.

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