Take-Home Salary Calculator

Estimate your monthly and annual take-home (in-hand) salary from your CTC (Cost to Company), after typical PF, professional tax, and income tax deductions.

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This calculator estimates your monthly take-home salary from your annual CTC after typical PF, professional tax, and income tax deductions.

Annual CTC *

₹

Your total Cost to Company as stated in your offer letter.

Basic + DA (% of CTC) *

A common structure allocates 40% of CTC to basic + DA — check your salary structure for your actual figure.

Tax regime *

Professional tax (annual)

₹

Varies by state (₹0-2,500/year) — adjust to your state's actual professional tax.

Your result

₹96,200

Take-home salary (monthly)

Take-home salary (annual)₹11,54,400

Employee PF contribution (annual)₹21,600

Income tax (annual)₹0

AI explanation

Formula

Take-home = (CTC − Employer PF) − Employee PF − Professional Tax − Income Tax

Worked example

₹12,00,000 CTC, 40% basic, New Regime

Worked example: ₹12,00,000 CTC, 40% basic, New Regime
Field	Value
Annual CTC	1200000
Basic + DA (% of CTC)	40
Tax regime	new
Professional tax (annual)	2400
Take-home salary (monthly)	96200
Take-home salary (annual)	1154400
Employee PF contribution (annual)	21600
Income tax (annual)	0

Assumptions

Basic + DA is assumed to be a fixed percentage of CTC (default 40%) — actual company salary structures vary.
Employer PF (12% of basic, capped at the ₹15,000/month EPF wage ceiling) is treated as part of CTC but not part of cash salary — the standard "CTC includes employer PF" structure.
Professional tax is a flat annual amount you supply (varies by state, ₹0-2,500/year).
Old-regime tax uses only the employee PF contribution as its Section 80C deduction — it does not model HRA exemption, LTA, 80D, or other individual sections.
Does not model bonus, variable pay, or other CTC components separately from Basic + DA.

Frequently asked questions

Why is my take-home salary lower than my CTC divided by 12?

CTC includes employer PF contributions and other costs that never reach your bank account, plus your own PF, professional tax, and income tax are deducted from your cash salary.

Does this calculator account for HRA exemption?

No — this is a simplified estimator. If you claim HRA exemption or other allowances under the old regime, your actual take-home may be higher than shown here.

Which tax regime gives a higher take-home salary?

It depends on your deductions. Use the Old vs New Regime Comparison Calculator with your actual eligible deductions to see which regime results in lower tax (and higher take-home) for your income.

Related calculators

Sources

EPFO — EPF Scheme contribution rules — Employees' Provident Fund Organisation. Effective 01-09-2014, reviewed 12-09-2026.

This is a simplified estimate. Actual take-home salary depends on your specific company's salary structure, state professional tax rules, and any exemptions or additional deductions you claim. It is not a substitute for your actual payslip or a tax professional's advice.

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