Calculate your in-hand salary instantly

Enter your CTC and we'll break down your exact take-home pay — including PF, gratuity, HRA, and all deductions. Free, instant, and accurate.

India Tax Slabs Live Calculation Visual Breakdown

Your salary details

Adjust CTC, regime, and basic % to see how take-home changes.

Annual CTC

Tax regime

Basic salary % of CTC

How we calculate

Basic + HRA + Special form your monthly gross.
Employer PF (12% of basic, capped at ₹15K basic) & gratuity (4.81%) reduce CTC to gross.
Employee PF, professional tax (₹2,400/yr), and TDS come out of gross to give net.
New regime: ₹75K std deduction + ₹7L 87A rebate.
Old regime: ₹50K std deduction + ₹5L 87A; supports 80C/HRA externally.

Monthly take-home

₹70,293

Take-home per month after PF, PT, and New Regime tax

Annual CTC₹12.00 L

Basic₹4.80 L (40%)

HRA₹2.40 L

Special₹4.21 L

Gross annual₹11.41 L

Employee PF₹1,800 / mo

Professional Tax₹200 / mo

Income Tax (TDS)₹2,830 / mo

Net monthly₹70,293 / mo

Net annual₹8.43 L

Take-home %70.3% of CTC

How in-hand salary is calculated

Your monthly take-home is what hits your bank account after all statutory deductions and taxes are taken out of the gross.

01
CTC → Gross
Subtract employer-side contributions (PF, gratuity) from CTC to get gross paid to you.
```
gross = ctc − employer_pf − gratuity
```
02
Apply deductions
Employee PF (12% of basic), professional tax (₹200/mo), and TDS reduce gross to net.
```
deductions = emp_pf + pt + tds
```
03
Compute TDS
Tax calculated via FY 2024-25 slabs under chosen regime, then divided over 12 months.
```
net = gross − deductions
monthly = net ÷ 12
```

FormulaNet = (CTC − Employer PF − Gratuity) − Employee PF − PT − TDSNew Regime: ₹75K std deduction + ₹7L 87A rebate. Old Regime: ₹50K + ₹5L.

Why we use this formula by default.
Indian payroll convention, statutory references, and the SaaS tooling that runs payroll all converge on this approach. Below are the authoritative sources we cross-checked.

Statute

Income Tax Act, 1961

Tax slabs, deductions, and salary income definitions.

Latest Budget

Union Budget 2024

New Regime slab updates (FY 2024-25) used in this calculator.

Labour Code

Code on Wages, 2019

Basic + DA + HRA structure mandated by Indian law.

Payroll SaaS

RazorpayX Payroll

Industry-standard take-home computation engine.

Tax Reference

ClearTax Salary Calculator

CTC breakdown reference and TDS computation guide.

Payroll SaaS

Keka & Spryple

Industry payroll definitions for salary structure.

FAQs about in-hand salary

What is the difference between CTC and take-home?

CTC is the total cost to the company including employer PF (12% of basic), gratuity (4.81%), insurance, and bonuses. Take-home is what hits your bank account each month after PF, PT, and TDS — typically 65-75% of CTC.

Which regime gives more take-home?

New regime usually wins if deductions < ₹2L. Old wins with full 80C (₹1.5L) + 80D + HRA + home loan. Try both with this calculator using your real numbers.

How is PF calculated?

Employee 12% + Employer 12% of (Basic + DA), capped at ₹15K basic for the EPS portion. The employer's 12% splits: 8.33% to EPS pension + 3.67% to EPF.

What's gratuity in CTC?

Employer accrues 4.81% of basic as gratuity each year. Paid out at retirement/resignation after 5 years of service. Tax-free up to ₹20L (private) or unlimited (govt).

Why is Professional Tax ₹200/mo?

PT is a state-levied tax on salaried employees. Most Indian states cap it at ₹2,400/year (₹200/mo). A few states (Delhi, Haryana, UP) don't levy PT.

Does HRA exemption apply in New Regime?

No. HRA exemption is only available in the Old Regime. If you pay significant rent (especially in metros), Old regime may give better take-home despite higher base rates.

Can I claim 80C in New Regime?

No. New Regime trades all 80C/80D/HRA deductions for lower slab rates + ₹75K std deduction. You can't mix and match.

How is TDS deducted from salary?

Employer divides estimated annual tax by 12 and deducts equal TDS each month. Form 16 issued by June 15 shows the full year's TDS. Adjustments happen in Q4 (Jan-Mar) when actual investment proofs come in.

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Calculate your in-hand salary instantly

Your salary details

How we calculate

How in-hand salary is calculated

CTC → Gross

Apply deductions

Compute TDS

Income Tax Act, 1961

Union Budget 2024

Code on Wages, 2019

RazorpayX Payroll

ClearTax Salary Calculator

Keka & Spryple

FAQs about in-hand salary

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