Take-Home Salary Calculator
Enter your CTC to see the monthly salary that reaches your bank account after provident fund, professional tax and income tax.
Results
Monthly take-home
₹88,276
- Monthly gross salary
- ₹93,276
- Annual take-home
- ₹10,59,312
- Basic (monthly)
- ₹40,000
- HRA (monthly)
- ₹20,000
- Special allowance (monthly)
- ₹33,276
- Employer PF (yearly)
- ₹57,600
- Gratuity provision (yearly)
- ₹23,088
- Employee PF (monthly)
- ₹4,800
- Income tax (yearly)
- ₹0
- Income tax (monthly)
- ₹0
On a CTC of ₹12,00,000, gross pay is ₹93,276 a month and take-home is about ₹88,276 a month after PF, professional tax and income tax.
Salary breakup (8 rows)
| Component | Monthly | Annual |
|---|---|---|
| Basic salary | ₹40,000 | ₹4,80,000 |
| House rent allowance (HRA) | ₹20,000 | ₹2,40,000 |
| Special allowance | ₹33,276 | ₹3,99,312 |
| Gross salary | ₹93,276 | ₹11,19,312 |
| Employee PF (deduction) | -₹4,800 | -₹57,600 |
| Professional tax (deduction) | -₹200 | -₹2,400 |
| Income tax (deduction) | ₹0 | ₹0 |
| Take-home salary | ₹88,276 | ₹10,59,312 |
Show the calculation steps
- Basic = 40% of CTC = ₹4,80,000; HRA = 50% of basic = ₹2,40,000.
- Employer PF = 12% of basic = ₹57,600; gratuity provision = 4.81% of basic = ₹23,088. These are part of the CTC but are not paid in hand.
- Special allowance = CTC − basic − HRA − employer PF − gratuity − variable = ₹3,99,312.
- Gross salary = ₹11,19,312. Employee PF = ₹57,600, professional tax = ₹2,400.
- Income tax (new regime, FY 2025-26 (AY 2026-27)) on taxable income ₹10,44,312 = ₹0.
- Take-home = gross − PF − professional tax − income tax = ₹10,59,312 a year.
- Employers structure salaries differently, so use your offer letter for exact figures. HRA exemption is not applied under the old regime here because it needs your rent details. Variable pay is spread evenly over 12 months.
Why in-hand pay is lower
Between your CTC and your bank balance sit the employer's PF and gratuity (never paid in hand), your own PF contribution, professional tax and monthly income tax deducted at source.
Ways to increase take-home
Compare both tax regimes, and check whether your employer lets you restructure allowances. Contributing less to PF raises take-home but lowers your retirement savings, and it may not be your choice.
Formula
Basic = CTC × basic % · HRA = Basic × HRA %
Special allowance = CTC − basic − HRA − employer PF − gratuity − variable
Take-home = Gross − employee PF − professional tax − income tax
Where:
- CTC
- = Cost to company, per year
- Gross salary
- = Basic + HRA + special allowance + variable pay
- PF
- = Provident fund at 12% of basic
Example calculation
₹12,00,000 CTC, new regime
Inputs
- Annual CTC
- ₹12,00,000
- Basic Salary
- 40 % of CTC
- HRA
- 50 % of basic
- Employer PF Basis
- 12% of actual basic
- Gratuity Included in CTC?
- Yes (4.81% of basic)
- Annual Variable Pay Included in CTC
- ₹0
- Professional Tax per Month
- ₹200
- Tax Regime
- New regime
Result
- Monthly take-home
- ₹88,276
- Monthly gross salary
- ₹93,276
- Annual take-home
- ₹10,59,312
- Basic (monthly)
- ₹40,000
- HRA (monthly)
- ₹20,000
- Special allowance (monthly)
- ₹33,276
- Employer PF (yearly)
- ₹57,600
- Gratuity provision (yearly)
- ₹23,088
- Employee PF (monthly)
- ₹4,800
- Income tax (yearly)
- ₹0
- Income tax (monthly)
- ₹0
Step-by-step
- Basic = 40% of CTC = ₹4,80,000; HRA = 50% of basic = ₹2,40,000.
- Employer PF = 12% of basic = ₹57,600; gratuity provision = 4.81% of basic = ₹23,088. These are part of the CTC but are not paid in hand.
- Special allowance = CTC − basic − HRA − employer PF − gratuity − variable = ₹3,99,312.
- Gross salary = ₹11,19,312. Employee PF = ₹57,600, professional tax = ₹2,400.
- Income tax (new regime, FY 2025-26 (AY 2026-27)) on taxable income ₹10,44,312 = ₹0.
- Take-home = gross − PF − professional tax − income tax = ₹10,59,312 a year.
Important notes
- The tax figure uses a simple estimate. Your employer's payroll may differ because of declared investments and other income.
- Rates and limits shown are for FY 2025-26 (AY 2026-27) and apply to resident individuals. They change with each Union Budget: check the current year before you file.
Disclaimer: This calculator provides estimates for informational purposes and should not be considered financial advice. Actual figures from lenders, banks and investment products can differ because of fees, taxes, rounding rules and changing rates. Consult a qualified professional before making financial decisions.
Frequently asked questions
How do I calculate in-hand salary from CTC?
Subtract employer PF and gratuity from CTC to get gross salary, then subtract your PF, professional tax and income tax.
Is variable pay included in the monthly take-home?
This calculator spreads it evenly over 12 months for simplicity, though it is usually paid annually or quarterly.
Which regime should I choose?
Compare both in the old vs new tax regime calculator.
Related calculators
- CTC CalculatorBreak down your cost to company into basic, HRA, allowances, PF and gratuity, and see the monthly gross and take-home.
- Salary CalculatorTurn a gross monthly salary into net pay after PF, professional tax and income tax.
- Income Tax CalculatorCalculate income tax under the new or old regime for FY 2025-26 (AY 2026-27): slabs, rebate, surcharge, cess and monthly tax.
- HRA CalculatorCalculate your HRA tax exemption as the lowest of HRA received, rent minus 10% of salary, and 50% or 40% of salary.
Explore more in Tax & Salary Calculators (India).