Income Tax Calculator
Compare old vs new regime tax for FY 2025-26 with slab-wise breakup, rebate, surcharge, and cess.
UseTax & Salary
Salary Calculator India
Enter annual CTC to see auto breakup, deductions, estimated tax, and monthly in-hand salary.
Step 1
Primary inputsCTC & tax regime
₹12,00,000 · 12 LPA
Tax regimeNew regime suits most salaried people; pick old regime when your deductions are large. The comparison below checks both either way.
Auto breakup is editable. Replace it with offer-letter values when available.
Estimated income tax: ₹0New regime. Taxable income: ₹10,14,312. Standard deduction, rebate logic, and 4% cess included.
Step 2
Updates instantlyEstimate section
Monthly in-hand salary₹77,776After PF, PT, estimated TDS, and other deductions. Bonus is excluded from monthly pay.
Annual in-hand₹10,29,312
Gross cash salary₹10,89,312
Annual deductions₹60,000
Non-cash cost₹1,10,688
Where your CTC goes
- In-hand (incl. bonus)₹10,29,31286% of CTC
- Employee PF + PT + other₹60,000deducted from pay
- Employer PF, gratuity, benefits₹1,10,688in CTC, not cash
New regime saves ₹1,12,697 tax this year.
Step 3
Bonus paid separatelyMonthly payslip estimate
| Component | Monthly | Annual |
|---|---|---|
| Basic salary | ₹40,000 | ₹4,80,000 |
| House Rent Allowance | ₹20,000 | ₹2,40,000 |
| Special allowance | ₹22,776 | ₹2,73,312 |
| Gross earnings (excl. bonus) | ₹82,776 | ₹9,93,312 |
| Employee PF | − ₹4,800 | − ₹57,600 |
| Professional tax | − ₹200 | − ₹2,400 |
| Net in-hand salary | ₹77,776 | ₹9,33,312 |
Bonus / variable pay of ₹96,000 is excluded above and adds to annual in-hand when paid out, taking it to about ₹10,29,312. Employer PF, gratuity, and insurance (₹1,10,688 a year) sit inside CTC but never appear on a payslip.
How this CTC to in-hand salary calculator works
This salary calculator uses Annual CTC as the starting point, then separates cash salary from employer-side costs such as employer PF, gratuity provision, insurance, and benefits. Employee PF, professional tax, other deductions, and estimated income tax are deducted to show approximate monthly take-home pay.
The auto breakup is useful when you only know your CTC. If your offer letter provides exact basic, HRA, special allowance, bonus, PF, gratuity, and deductions, edit those fields for a closer estimate.
Salary calculator disclaimer
Estimate only. Actual salary, TDS, tax, deductions, surcharge, cess, perquisites, ESOP taxation, employer policy, state professional tax, and payroll rounding can vary. This calculator is for educational planning and is not tax advice.
Salary calculator FAQs
Why is CTC different from in-hand salary?
CTC includes employer PF, gratuity provision, insurance, bonus, and benefits. Employer PF and gratuity are company costs or future benefits, not monthly cash, and employee PF, professional tax, and TDS are deducted before salary is credited. In-hand pay is therefore always lower than CTC divided by 12.
What is the in-hand salary for a 12 LPA CTC?
With a typical structure — basic around 40% of CTC, employer and employee PF at 12% of basic, gratuity, and insurance in CTC — a ₹12 lakh CTC under the new regime gives roughly ₹80,000–₹85,000 per month in hand, because taxable income stays within the ₹12 lakh rebate limit. Enter your exact CTC above to see your numbers.
Which tax regime should I use?
For most salaried employees the new regime is cheaper: zero tax up to ₹12 lakh taxable income plus a ₹75,000 standard deduction. The old regime wins only when 80C, 80D, HRA exemption, and home loan interest together are large. This calculator shows tax and in-hand pay under both regimes so you can compare directly.
Is employer PF part of my salary?
It is part of CTC but never part of monthly cash salary. Both employer and employee PF (typically 12% of basic each) go into your EPF account. The employee share is deducted from your gross pay; the employer share is a company cost shown inside CTC.
Why is bonus excluded from monthly in-hand?
Bonus and variable pay are usually paid quarterly or annually and may depend on performance. This calculator includes bonus in annual in-hand but keeps it out of the monthly figure so the monthly number matches a normal payslip.
How is professional tax calculated?
Professional tax is a state tax, capped at ₹2,500 per year. Many states such as Maharashtra and Karnataka deduct about ₹200 per month, while some states levy none. The auto breakup assumes ₹2,400 per year for CTC above ₹3 lakh; edit the field to match your state.
Does the calculator include gratuity in take-home pay?
No. Gratuity accrues at roughly 4.81% of basic and is paid only when you leave after five or more years of service, so it is shown as a non-cash employer cost, not as monthly salary.
Is this exact payroll?
No. Actual payroll can vary with state PT rules, employer policy, perquisites, ESOPs, NPS, surcharge, TDS declarations, and payroll rounding. Treat this as a close planning estimate and verify with your offer letter or payslip.