Salary Calculator India
Convert your annual CTC into a realistic monthly in-hand salary. Enter your CTC, basic and HRA below — the calculator deducts EPF, professional tax and new-regime income tax automatically.
Monthly in-hand salary
₹0
After EPF, professional tax and income tax
Annual in-hand salary
₹0
Total take-home for the year
EPF (your share)
₹0
12% of basic salary per year
Income tax
₹0
New regime, incl. 4% cess
Professional tax
₹0
Flat estimate per year (varies by state)
Taxable income
₹0
CTC − EPF − ₹75,000 standard deduction
How this salary calculator works
Your CTC (cost to company) is the total your employer spends on you — not what reaches your bank account. First come the statutory deductions: 12% of your basic salary goes into EPF, a flat ₹2,500 a year goes to professional tax, and income tax applies on what's left. This calculator uses the new-regime slabs with the ₹75,000 standard deduction for salaried employees, then divides the remainder by 12.
The formula, step by step
- EPF = 12% × annual basic salary
- Taxable income = CTC − EPF − ₹75,000 (standard deduction)
- Income tax on the taxable income, using the new-regime slabs below:
Taxable income Tax rate Up to ₹4,00,000 Nil ₹4,00,001 – ₹8,00,000 5% ₹8,00,001 – ₹12,00,000 10% ₹12,00,001 – ₹16,00,000 15% ₹16,00,001 – ₹20,00,000 20% ₹20,00,001 – ₹24,00,000 25% Above ₹24,00,000 30% - Section 87A rebate: if your taxable income is ₹12,00,000 or less, the rebate wipes your tax out — you pay zero. Just above ₹12 lakh, marginal relief caps your tax at the extra income above ₹12 lakh, so crossing the threshold never costs you more than the extra you earned.
- 4% health and education cess on the tax after rebate.
- Monthly in-hand = (CTC − EPF − professional tax − income tax) ÷ 12.
Worked example
Say your CTC is ₹12,00,000, your basic is ₹6,00,000 and HRA is ₹2,40,000:
- EPF = 12% × ₹6,00,000 = ₹72,000
- Taxable income = ₹12,00,000 − ₹72,000 − ₹75,000 = ₹10,53,000
- Slab tax = 5% of ₹4,00,000 + 10% of ₹2,53,000 = ₹20,000 + ₹25,300 = ₹45,300
- Section 87A: taxable income is below ₹12,00,000, so tax = ₹0
- Annual in-hand = ₹12,00,000 − ₹72,000 − ₹2,500 − ₹0 = ₹11,25,500
- Monthly in-hand = ₹11,25,500 ÷ 12 = ₹93,792
India-specific notes
- New regime is the default since FY 2023-24. Most salaried employees fall under these slabs unless they opt for the old regime.
- The new regime allows no HRA exemption or 80C deductions. If you claim those, switch to the old regime and check the income tax calculator.
- Professional tax is a state levy. Maharashtra, Karnataka, West Bengal and several other states charge it; some don't. ₹2,500 a year is a common ceiling.
- EPF is mandatory on basic wages up to ₹15,000 a month in covered establishments. Many employers apply 12% on the full basic. Your employer also contributes 12%, split between EPF and EPS.
- Variable pay, bonuses and overtime usually come separately and are taxed in the month they're paid — this estimate doesn't include them.
Frequently asked questions
How is in-hand salary calculated from CTC in India?
In-hand salary = (CTC − EPF − professional tax − income tax) ÷ 12. EPF takes 12% of your basic salary, professional tax is about ₹2,500 a year, and income tax is worked out under the new regime after a ₹75,000 standard deduction.
Which tax regime does this salary calculator use?
It uses the new tax regime for FY 2025-26 and FY 2026-27 — it's the default regime. Slabs are 0% up to ₹4 lakh, 5% to ₹8 lakh, 10% to ₹12 lakh, 15% to ₹16 lakh, 20% to ₹20 lakh, 25% to ₹24 lakh and 30% above. You get a ₹75,000 standard deduction, a Section 87A rebate that makes tax zero up to ₹12 lakh income, marginal relief just above that, and 4% health and education cess.
What is EPF in the salary calculation?
EPF (Employees' Provident Fund) is compulsory retirement saving. 12% of your basic salary is deducted from your pay each month, and your employer puts in a matching 12% (partly into EPS). The calculator deducts only your 12% share from the CTC.
Why is professional tax deducted from my salary?
Professional tax is a state-level charge on salary income, levied in states like Maharashtra, Karnataka and West Bengal — though some states don't charge it at all. Rates differ by state and salary slab; this calculator uses a flat ₹2,500-a-year estimate.
How accurate is this salary estimate?
It's a planning estimate, not your exact payslip. It leaves out variable pay, bonuses, overtime, voluntary PF, insurance premiums, employer-specific EPF on wages above ₹15,000, and old-regime deductions such as HRA exemption and 80C investments. For a slab-by-slab tax breakdown, use our income tax calculator.