Take-Home Salary Calculator
Calculate your exact monthly in-hand salary from CTC with full deduction breakdown for India FY 2025-26.
Take-Home Salary Calculator – CTC to In-Hand
Your CTC (Cost to Company) is NOT your take-home salary. Many first-time job seekers are surprised when they receive their first payslip and find the actual bank credit significantly lower than their quoted CTC. Our calculator demystifies this with a full, transparent breakdown.
For FY 2025-26, the new tax regime with ₹75,000 standard deduction and the 87A rebate for income up to ₹12 lakh taxable makes a significant difference to net salary. We let you compare both regimes instantly.
Sample Salary Breakdown
| Component | Annual (₹12L CTC) | Monthly |
|---|---|---|
| CTC | ₹12,00,000 | ₹1,00,000 |
| - Employer PF | -₹21,600 | -₹1,800 |
| Gross Salary | ₹11,78,400 | ₹98,200 |
| - Employee PF | -₹21,600 | -₹1,800 |
| - Professional Tax | -₹2,400 | -₹200 |
| - Income Tax (new regime) | ~₹0 | ~₹0 |
| Take-Home | ~₹11,54,400 | ~₹96,200 |
Frequently Asked Questions
What is CTC vs take-home salary?
CTC (Cost to Company) is your total annual employment cost to the employer, including your salary plus employer contributions (PF, gratuity, insurance). Take-home (in-hand) salary is the amount credited to your bank account after all deductions.
What are the main deductions from salary?
Key deductions include: Employee PF (12% of Basic), Professional Tax (state-specific, typically ₹200/month), Income Tax (TDS), and any other deductions like NPS, health insurance premium, or loan EMIs.
What is the standard CTC split?
A typical CTC split: Basic 40%, HRA 20%, Allowances 25%, Employer PF ~12% of Basic. Actual splits vary by employer — some companies offer higher allowances or special perks.
How is income tax calculated on salary?
TDS is deducted based on your projected annual taxable income. Under the new regime (FY 2025-26), income up to ₹12 lakh taxable income is fully exempt due to Section 87A rebate after the ₹75,000 standard deduction.
What is professional tax?
Professional tax is a state-level tax deducted from salary. Maximum is ₹2,500 per year. It is applicable in Maharashtra, Karnataka, West Bengal, and other states but not in states like Delhi, Rajasthan, and Haryana.
Does this calculator include all deductions?
Our calculator includes the major standard deductions: Employee PF, Professional Tax, Income Tax (simplified), and custom deductions. Company-specific benefits like meal vouchers, LTA, or gratuity provisions are not included.