CTC Calculator — India.

Enter your annual CTC to get your monthly in-hand salary, full salary slip, and a side-by-side Old vs New tax regime comparison. FY 2026-27.

Monthly In-Hand

₹88,276

Tax Regime

New Regime

Salary Structure

₹12.00 L
40%
30%60%

= ₹40,000/mo

50%
40% (non-metro)60%

= ₹20,000/mo

Part of CTC and taxable, but not paid monthly

Deductions & Tax Preferences

City Type

Metro: Mumbai, Delhi, Kolkata, Chennai

Tax Regime
EPF Deduction

Capped = 12% of the ₹15,000 statutory wage (₹1,800/mo each side)

Used for HRA exemption (old regime)

Old Regime Only — Additional Deductions

PPF, ELSS, LIC, etc. Max ₹1.5L

Self ₹25k, Senior parent +₹50k

Recommended Regime: New Regime ✓

Monthly In-Hand

₹88,276

New Regime

Monthly Gross

₹93,276

Before deductions

Annual Tax

₹0

New Regime

Salary Breakdown

Old vs New Tax Regime — FY 2026-27

Component Old Regime New Regime

Monthly Salary Slip

Earnings

Deductions

Net Monthly In-Hand

₹88,276

Annual CTC Breakup

Updated for FY 2026-27 · Slabs per incometax.gov.in · Indicative only — consult a tax advisor.

How to calculate take-home pay from CTC

  1. Enter your annual CTC as stated in your offer letter.
  2. Set your HRA, rent and city type so the exemption is calculated rather than guessed.
  3. Declare your 80C and other deductions if you are comparing the old regime.
  4. Compare the Old and New regime columns — the calculator marks whichever leaves you more in hand.

How the CTC Calculator Works

CTC (Cost to Company) is the total amount an employer spends on an employee annually. It includes your gross salary plus employer contributions like EPF and gratuity provision.

Gross Salary = Basic + HRA + Special Allowance. Your take-home (in-hand) is gross salary minus employee EPF, professional tax, and income tax (TDS).

Tax regime: Under the Old Regime, you can claim HRA exemption, 80C (up to ₹1.5L), 80D, and a ₹50,000 standard deduction — better if you have high deductions. Under the New Regime, you get a ₹75,000 standard deduction and nil tax up to ₹12L taxable income (87A rebate) — usually better for lower CTC or those without many investments.

HRA Exemption (old regime only) = minimum of: (a) actual HRA received, (b) 50%/40% of basic (metro/non-metro), (c) rent paid minus 10% of basic. If you don't pay rent, HRA is fully taxable.

Tax slabs are for FY 2026-27 / AY 2027-28. Results are indicative. Consult a tax advisor for filing.

Frequently Asked Questions

What is the difference between CTC and in-hand salary?

CTC is the total annual cost your employer bears, so it includes items you never receive as cash: the employer's EPF contribution, the gratuity provision, and any bonus or variable pay. In-hand salary is what reaches your bank each month after your own EPF share, professional tax and income tax (TDS) are deducted. The gap between the two is routinely 25-35% of CTC.

Should I pick the old or the new tax regime?

The new regime has wider slabs and a ₹75,000 standard deduction but almost no other exemptions. The old regime has narrower slabs yet allows HRA exemption, 80C, 80D and more. The new regime usually wins unless you claim substantial deductions — typically high rent plus a full ₹1.5L of 80C. This calculator computes both and marks the one giving more take-home; you can also force either regime to compare.

How is the HRA exemption calculated?

Under the old regime the exemption is the least of three amounts: the HRA actually received; 50% of basic salary in a metro (40% elsewhere); and rent paid minus 10% of basic. If you pay no rent the exemption is nil. HRA is fully taxable under the new regime.

Is the employer EPF contribution part of my CTC?

Yes. Most Indian employers load the employer EPF share (12% of basic, or 12% of the ₹15,000 statutory wage where the ceiling is applied) into CTC, along with a gratuity provision of about 4.81% of basic. Both reduce your monthly gross even though neither is paid to you in cash.

Why does my actual payslip differ from this estimate?

Employers structure salaries differently: LTA, food allowance, NPS under 80CCD(2), medical or telephone reimbursements, and variable-pay timing all shift the figures. TDS is also spread across the year using your declared investments rather than deducted evenly. Treat this as a close estimate of the structure, not a substitute for your offer letter.

Does this include surcharge on high salaries?

Yes. Above ₹50 lakh of taxable income a surcharge of 10% applies, rising to 15% above ₹1 crore and 25% above ₹2 crore (the new regime caps surcharge at 25%). Marginal relief is applied so that crossing a threshold never costs more in extra tax than the extra income earned. A 4% health and education cess is added on top.

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