Salary Calculator (CTC to In-Hand)

Your CTC (Cost to Company) is not what you take home. It includes components the employer pays on your behalf — like employer PF, gratuity, and insurance. This calculator estimates your actual monthly in-hand salary using typical salary structure assumptions.

Typical Salary Structure (India)

• Basic Salary — ~40% of CTC. PF is calculated on this.
• HRA (House Rent Allowance) — ~50% of Basic. Partially tax-exempt if you pay rent.
• Special Allowance — The balance after other components. Fully taxable.
• Employer PF — 12% of Basic. Part of CTC but not take-home.
• Gratuity — 4.81% of Basic. Part of CTC, paid on exit after 5 years.

New Tax Regime FY 2025-26

The new regime (default from FY 2024-25) offers lower slab rates but fewer deductions. Key slabs: 0% up to ₹4L, 5% on ₹4–8L, 10% on ₹8–12L, 15% on ₹12–16L, 20% on ₹16–20L, 25% on ₹20–24L, 30% above ₹24L. Standard deduction of ₹75,000 applies.

Frequently Asked Questions

Why is my in-hand less than expected?

Your CTC includes components you never see in your account: employer PF (12% of basic), gratuity (~4.81% of basic), and possibly medical insurance premiums. These are real costs to the employer but not cash in your hands.

Should I choose old or new tax regime?

New regime is better if you have limited deductions. Old regime benefits those with home loan interest, HRA exemption, and significant 80C investments. Calculate both for your specific situation.