Result
Monthly take-home
₹111,607
- CTC₹1,500,000
- Basic + DA (annual)₹600,000
- HRA (annual)₹240,000
- Employer PF−₹21,600
- Gratuity (accrued)−₹28,860
- Employee PF−₹21,600
- Professional tax−₹2,400
- Income tax (new regime + 4% cess)−₹86,259
- Annual take-home₹1,339,281
- Effective tax rate5.8% of CTC
How to use this calculator
- Enter your total annual CTC (from offer letter).
- Set Basic % of CTC (typically 40-50%).
- Set HRA % of Basic (50% metro, 40% non-metro).
- Choose tax regime (new is default from FY 2023-24).
- For old regime, enter 80C investments (max ₹1.5L).
- Read monthly in-hand + full breakdown.
About this tool
This calculator converts Indian CTC (Cost To Company) to in-hand monthly salary. It deducts (in order): employer contributions (EPF 12% of Basic capped at ₹21,600/yr + Gratuity 4.81% of Basic), then employee EPF, professional tax (₹2,400/yr), standard deduction (₹75K new regime, ₹50K old), 80C deduction (old regime only), then computes income tax under the chosen regime + 4% Health & Education Cess. Uses FY 2025-26 slabs: new regime tax-free up to ₹12L (with rebate); old regime tax-free up to ₹5L.
Frequently asked
NEW regime: 0-4L = 0%, 4-8L = 5%, 8-12L = 10%, 12-16L = 15%, 16-20L = 20%, 20-24L = 25%, above 24L = 30%. Tax-free up to ₹12L after standard deduction + rebate. OLD regime: 0-2.5L = 0%, 2.5-5L = 5%, 5-10L = 20%, above 10L = 30% with rebate up to ₹5L.
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