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Salary Calculator

CTC to monthly in-hand pay with PF, professional tax and income tax.

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What this tool does

Salary Calculator turns the yearly CTC on your offer letter into the amount that reaches your bank account every month. It splits the CTC into basic, HRA and special allowance, takes out PF, gratuity, ESI, professional tax for your state and income tax for 2026-27, and shows whether the new or the old regime leaves you more.

How to use it

  1. Type your yearly CTC, for example 12,00,000. Use the cost to company figure, not the monthly gross.

  2. Pick the state you work in. It sets professional tax, which is ₹2,500 a year in Maharashtra and Karnataka and nothing in Delhi or Haryana.

  3. Leave the new regime selected, or pick the old regime if you claim HRA, 80C and 80D. Under More options set the variable pay, the basic and HRA share, the PF rule and whether gratuity sits inside your CTC.

  4. Tap Calculate in-hand salary. The monthly take-home appears first in large type, with gross pay, deductions, yearly tax, a line-by-line monthly and yearly table and a check of the other regime.

  5. Copy summary or Download CSV to compare offers or to check your first payslip.

Common uses

CTC is what the company spends on you in a year, not what you are paid. Part of it never reaches your account each month: the employer's share of provident fund, gratuity that is set aside for when you leave, ESI at low salaries, and variable pay that comes once a year if targets are met. The rest is your gross salary. From the gross, your own PF, professional tax and income tax (TDS) are cut, and what is left is the in-hand salary.

A worked example. A CTC of ₹12,00,000 in Pune with basic at 50% gives basic of ₹6,00,000 and HRA of ₹2,40,000 a year. Employer PF is 12% of the ₹25,000 wage ceiling, ₹36,000 a year, and gratuity at 4.81% of basic is ₹28,846, so gross salary is ₹11,35,154. In the new regime, taxable pay after the ₹75,000 standard deduction is about ₹10.6 lakh, below the ₹12 lakh rebate limit, so income tax is nil. After ₹36,000 of your own PF and ₹2,500 of professional tax the in-hand salary is ₹91,388 a month.

Higher up the scale tax starts to bite. A CTC of ₹20,00,000 on the same structure leaves ₹1,41,876 a month in the new regime, with ₹1,74,910 of income tax in the year. With ₹2,00,000 of that CTC as variable pay, the monthly figure drops to ₹1,28,676, and the bonus brings about ₹1,58,400 after tax when it is paid.

Two rule changes matter for 2026. The Labour Codes in force from 21 November 2025 count allowances above 50% of pay back into wages, so most employers now set basic at 50% of CTC, which is the default here. And from 17 September 2026 the EPF wage ceiling went up from ₹15,000 to ₹25,000 a month, so PF on the ceiling is now ₹3,000 a month from you and ₹3,000 from the employer, up from ₹1,800. With PF on full basic, a ₹12 lakh CTC leaves ₹85,388 a month.

The old regime can still win when you pay rent in a city and claim deductions. On a ₹12,00,000 CTC in Mumbai with ₹25,000 rent a month, ₹1,00,000 of other 80C savings and a ₹25,000 health policy, the HRA exemption is ₹2,40,000 and the tax is ₹50,780, leaving ₹87,156 a month. That is still less than the ₹91,388 in the new regime, because the ₹12 lakh rebate is so large. The result shows both.

Professional tax comes from each state's own schedule. Maharashtra and Karnataka charge ₹200 a month and ₹300 in February, ₹2,500 a year. Telangana, Andhra Pradesh and Gujarat charge up to ₹200 a month. Tamil Nadu, Kerala and Madhya Pradesh use their own slabs, all capped at ₹2,500 a year. Delhi, Haryana, Uttar Pradesh and Rajasthan have none.

Private, and the limits

Your CTC, rent and savings stay in your browser tab. TaskNinja does not receive, store or log them, you do not sign in, and the page keeps working offline once it has loaded. We count anonymous events such as the calculator being used, never the salary you type.

This is an estimate. Companies split CTC in different ways, some pay meal cards, NPS or insurance out of it, and TDS changes when you submit proof of investments. Match basic, HRA and PF to your offer letter. Your payslip is final.

Official sources

Last checked 2026-11-05.

FAQ

How is in-hand salary calculated from CTC?
Gross salary is CTC minus employer PF, gratuity and variable pay. In-hand salary is gross minus your own PF, professional tax and income tax, divided by 12 for the monthly figure.
What is the in-hand salary for 12 LPA in 2026?
About ₹91,400 a month in the new regime, with basic at 50%, PF on the ₹25,000 ceiling, gratuity inside the CTC and Maharashtra professional tax. Income tax is nil because taxable pay stays under ₹12 lakh.
How much PF is deducted from salary?
12% of basic pay, but most companies stop at the wage ceiling, which is ₹25,000 a month from 17 September 2026. That makes ₹3,000 a month from you and the same from your employer.
Is gratuity part of CTC?
Often, yes. It is 15 days' basic for each year of service, about 4.81% of basic a year, paid when you leave after five years. Untick the option if your offer letter lists gratuity outside the CTC.
Which tax regime gives more in-hand salary?
Up to about ₹12.75 lakh of salary the new regime usually wins because no tax is due. Above that, the old regime helps only with large HRA, 80C and 80D claims. The calculator shows both.
Why is my payslip different from the calculator?
Employers split CTC in their own way, may add meal cards, NPS or insurance, and adjust TDS during the year. Change the basic, HRA and PF options to match your offer letter.

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