Salary & Take-Home Pay Calculators for India
Convert your annual CTC to accurate monthly in-hand salary, compare New vs Old Tax Regimes, claim Section 10(13A) HRA exemption, and calculate 15/26 statutory gratuity — completely free and private in your browser.
Try Quick Salary Estimators Instantly
Instant live calculation — updated for Tax Year 2026-27
Free Salary & Payroll Calculators
Select any specialized salary tool designed for salaried employees and HR professionals in India.
Take-Home Salary Calculator
Convert annual Cost to Company (CTC) into exact monthly in-hand net salary. Slabs updated for Income Tax Act, 2025 with ₹75,000 standard deduction and Section 87A rebate.
Income Tax Calculator (Salaried)
Compare tax liability under New Tax Regime (Section 115BAC) vs Old Regime. Computes 87A rebate (zero tax up to ₹12 Lakhs income) and standard deduction.
HRA Exemption Calculator
Calculate statutory House Rent Allowance (HRA) tax exemption for metro (50%) and non-metro (40%) cities based on rent paid, actual HRA, and basic salary.
Gratuity Calculator
Compute statutory gratuity entitlement under the Payment of Gratuity Act, 1972 for employees completing 5 or more years of continuous service. Includes ₹20 Lakh tax-free limit.
Rent Receipt Generator for HRA
Generate compliant monthly or full 12-month rent receipts with landlord PAN verification, monthly maintenance charge breakdowns, and revenue stamp placeholders.
When to Use Each Salary Tool
Step-by-step guidance for key milestones in your salaried career:
New Job Offer or Appraisal
Evaluate an increment letter or job offer CTC to see the real bank deposit jump after tax and PF deductions.
Check Take-Home CTCChoosing Tax Regime
Decide whether declaring Section 80C, 80D, and HRA beats the default New Tax Regime with ₹75k standard deduction.
Compare RegimesHRA Proof for HR Submission
Generate 12 months of landlord rent receipts with revenue stamp placeholders before January/February payroll cutoffs.
Generate Rent ReceiptsResignation & Full & Final
Audit employer FnF settlement to verify exact statutory gratuity amount due after 5+ years of continuous service.
Verify Gratuity FormulaTax Year 2026-27 New Tax Regime Slabs & Thresholds
Governed by Income Tax Act, 2025 • Standard Deduction ₹75,000 for salaried taxpayers
| Taxable Income Slab | Statutory Rate | Slab Tax | Statutory Rules & Provisions |
|---|---|---|---|
| Up to ₹4,00,000 | Nil (0%) | ₹0 | Basic exemption limit for all individuals |
| ₹4,00,001 – ₹8,00,000 | 5% | ₹20,000 | Covered by Section 87A rebate if income ≤ ₹12L |
| ₹8,00,001 – ₹12,00,000 | 10% | ₹40,000 | Total tax ₹60k fully wiped out by 87A rebate |
| ₹12,00,001 – ₹16,00,000 | 15% | ₹60,000 | Standard deduction ₹75,000 applies first |
| ₹16,00,001 – ₹20,00,000 | 20% | ₹80,000 | Marginal relief available near ₹12L boundary |
| ₹20,00,001 – ₹24,00,000 | 25% | ₹1,00,000 | Health & Education cess of 4% added to tax |
| Above ₹24,00,000 | 30% | Slab Balance | Highest marginal tax rate under Income Tax Act, 2025 |
Popular Pre-Computed Salary Scenarios
Exact monthly take-home pay, tax liability, and PF breakdown for common CTCs
Related Salary & Tax Guides
Salary TDS 2026-27: New Income Tax Rules & Take-Home Salary
Complete guide to salary tax slabs, ₹75,000 standard deduction, and Section 87A rebate rules under Income Tax Act, 2025.
Paying Rent to Parents to Claim HRA: Legal Rules & Rent Receipts
Legitimate rent agreements, monthly bank transfers, parent ITR reporting, and avoiding tax notices.
Gratuity Calculation: Formula, 5-Year Rule & Tax Exemption
Learn the statutory 15/26 formula, 4 years 240 days judicial exceptions, and the ₹20 Lakh tax-free ceiling.
Frequently Asked Questions
How is in-hand take-home salary calculated from CTC in India?
Gross Salary equals CTC minus employer statutory contributions (Employer EPF 12%, gratuity provision, employer insurance). Net In-Hand Salary is Gross Salary minus employee deductions: Employee EPF (12% of basic), Professional Tax (₹200/month in most states), and monthly Income Tax TDS based on your chosen tax regime. Typically, take-home salary is 75% to 85% of CTC.
Is income up to ₹12 Lakh really zero tax under the New Tax Regime in Tax Year 2026-27?
Yes. Under the New Tax Regime governed by the Income Tax Act, 2025, salaried individuals receive a statutory Standard Deduction of ₹75,000. For taxable income up to ₹12,00,000, Section 87A provides a full rebate equal to the calculated tax payable (up to ₹60,000). As a result, a salaried individual earning a CTC of ₹12.75 Lakhs pays zero income tax.
What is the standard deduction for salaried employees for Tax Year 2026-27?
Under the New Tax Regime for Tax Year 2026-27 (Income Tax Act, 2025), the standard deduction for salaried employees and pensioners is ₹75,000. Under the Old Tax Regime, it remains ₹50,000.
How does the 15/26 statutory gratuity formula work?
Under Section 4(2) of the Payment of Gratuity Act, 1972, gratuity for monthly-rated employees is calculated as: Gratuity = (15 × Last Drawn Basic + DA × Completed Years of Service) / 26. The number 26 represents working days in a month (excluding 4 Sundays). Gratuity is tax-exempt up to ₹20,00,000 for non-government private employees.
Can I claim HRA exemption if I live with my parents?
Yes, provided your parents legally own the residential property, you pay them actual rent via verifiable banking channels (UPI/NEFT/Cheque), your parents report that rental income in their personal Income Tax Returns (ITR), and you maintain valid monthly rent receipts.