In-Hand Salary Calculator
Turn your annual CTC into monthly take-home pay, with PF, gratuity, NPS and income tax worked out under the FY 2026-27 rules — including the new Income-tax Act and the Labour Codes.
Know the take-home you want? Find the CTC that gets you there → Got a raise or a new offer? See your real in-hand hike →
How the calculator works
- CTC to gross: take out employer PF (12% of Basic, or of ₹25,000 if your employer caps it), employer NPS, employer ESI and gratuity (4.81% of wages) when it sits inside your CTC.
- Gross to taxable: subtract the standard deduction (₹75,000 New, ₹50,000 Old) and the exemptions your regime allows.
- Tax: slab tax, the rebate that makes income up to ₹12 lakh tax-free in the New Regime (with marginal relief just above it), surcharge above ₹50 lakh and 4% cess.
- In-hand: gross minus your PF, ESI, professional tax and income tax. A bonus is shown on its own.
Rules for FY 2026-27 that many calculators miss
- The Income-tax Act, 2025 replaced the 1961 Act from 1 April 2026 — we give the new section numbers, with the old ones in brackets.
- The EPF wage ceiling rose to ₹25,000 a month on 17 September 2026, so capped PF is ₹3,000 a month, not ₹1,800.
- Under the Labour Codes, allowances above half your pay count as wages for gratuity and ESI.
- Bengaluru, Hyderabad, Pune and Ahmedabad now get the 50% metro HRA exemption.
- Professional tax follows your state's own slab — and Odisha abolished it from 1 April 2026.
Frequently asked questions
How much in-hand salary will I get on a ₹12 lakh CTC?
About ₹85,395 a month in the New Regime, with no income tax: Basic at 50% of CTC, PF on the full Basic, gratuity inside CTC and ₹2,400 professional tax. Your own salary structure can move this either way. CTC to in-hand, worked rupee by rupee →
Why is my monthly in-hand so much lower than CTC ÷ 12?
Employer PF, gratuity, employer NPS and employer ESI are counted in your CTC but never reach your bank account each month. Your own PF, ESI, professional tax and income tax then come out of what's left. See where each rupee goes →
Which tax regime is better for me?
The New Regime has lower rates and no tax up to ₹12 lakh of taxable income; the Old Regime only wins if your deductions are large enough. The calculator shows both, plus the exact deductions the Old Regime would need to win at your salary. Old vs New at ₹15L, ₹25L and ₹40L →
Does the new ₹25,000 PF ceiling cut my take-home?
Only if your employer takes PF on the capped wage instead of your full Basic. Since 17 September 2026 that cap is ₹25,000 a month, so capped PF is ₹3,000 a month from you instead of ₹1,800. Who the new ceiling affects →
Is my bonus part of the monthly in-hand?
No. Variable pay is paid on your employer's schedule and taxed at your highest slab, so we show the net bonus separately from the monthly figure. How a bonus is taxed →
Do I have to pay ESI?
If your wages are up to ₹21,000 a month and your employer has 10 or more staff, yes: 0.75% from you and 3.25% from your employer. Under the Labour Codes, wages here means Basic plus any allowances above half your pay, not your gross salary — so many people earning more than ₹21,000 gross are now covered. The 50% wage rule, worked through →
Understand your payslip
- The 50% Wage Rule, Worked Through: What Really Changes on Your Payslip
- EPF Wage Ceiling Is Now ₹25,000: What It Does to Your In-Hand Salary
- Flexi Benefits That Still Save Tax in the New Regime (FY 2026-27)
- How Your Bonus Is Taxed — and Why It Can Lose 40% Near ₹12 Lakh
- Old vs New Tax Regime: Worked Examples at ₹15L, ₹25L, and ₹40L CTC
- CTC to In-Hand: A Complete Worked Breakdown for a ₹20L Offer
- What Is Your Gratuity Really Worth? A Long-Term Example
- HRA Exemption: A Worked Example, Metro vs Non-Metro