Use this free take-home salary calculator to turn your annual CTC into your real monthly in-hand pay for FY 2026-27. Pick the new or old tax regime, set how much of your CTC is basic, and see exactly what PF, professional tax and income tax take out before the rest lands in your account.
Basic is set as a share of CTC. Employer PF and gratuity are part of your CTC but are not paid in your monthly salary. Professional tax is an indicative Rs 2,400 a year and varies by state.
How the take-home salary calculator works
Your CTC is not your salary. It is the full cost to the company, which includes parts you never see each month. This take-home salary calculator starts from CTC, removes the employer contributions that are not paid to you, and then deducts your provident fund, professional tax and income tax to arrive at your monthly in-hand pay.
What gets deducted from your CTC
Two pieces of your CTC are not part of your monthly pay: the employer PF, which is 12 percent of basic, and gratuity, which is 4.81 percent of basic. What is left is your gross salary. From that gross, your own deductions come out: employee PF at 12 percent of basic, professional tax of about 2,400 rupees a year which varies by state, and income tax. The remainder is your take-home.
New regime vs old regime for FY 2026-27
Under the new regime you get a standard deduction of 75,000 rupees and, thanks to the section 87A rebate, income up to 12 lakh rupees is effectively tax-free. Under the old regime the standard deduction is 50,000 rupees and you can claim deductions like 80C, 80D and HRA, which you can enter above. To compare the two side by side for your numbers, use our old vs new regime calculator. You can also check your HRA exemption, read how the new labour codes 50 percent wage rule reshapes your slip, and estimate your gratuity.
Assumptions this calculator uses
Basic is taken as a share of CTC that you can change, defaulting to 50 percent in line with the new wage rules. PF is 12 percent of basic for both employer and employee, with an option to cap it at the 15,000 rupee statutory basic. Gratuity is 4.81 percent of basic. These are common defaults, so always check your own payslip and offer letter, and confirm the rules at the official portals at incometax.gov.in and epfindia.gov.in.
Frequently Asked Questions
How is take-home salary calculated from CTC?
Remove the employer PF and gratuity from CTC to get your gross salary, then subtract your employee PF, professional tax and income tax. What remains, divided by twelve, is your monthly in-hand pay.
Why is my in-hand much less than my CTC?
CTC includes employer contributions like PF and gratuity that are never paid to you monthly, plus your own PF and tax deductions, so your in-hand is always lower than your CTC.
Is income tax really zero up to 12 lakh?
Under the new regime for FY 2026-27 the section 87A rebate makes a taxable income up to 12 lakh rupees effectively tax-free, and the 75,000 rupee standard deduction lifts that a little for salaried people.
How much PF is deducted from salary?
Employee PF is 12 percent of your basic salary. If your basic is capped at the statutory 15,000 rupees a month, PF is 1,800 rupees a month, but many employers calculate it on your full basic.
If you run payroll for a team, our Zoho Payroll setup guide for India shows how these same salary components are configured in payroll software.
This calculator applies the current slabs; see our income tax slab rates FY 2026-27 guide for the full breakdown by regime.