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.