Work out your real monthly in-hand pay after income tax, PF and professional tax — new or old regime, updated for FY 2025-26.
These three are not the same, and confusing them is the most common salary mistake:
| Term | What it means |
|---|---|
| CTC | Total cost to the company, including employer PF, gratuity and benefits |
| Gross | Your salary before your own deductions (roughly CTC minus employer contributions) |
| In-hand | What reaches your bank after tax, your PF and professional tax |
On a ₹12 lakh gross salary (new regime, 50% basic, PF on): income tax is ₹0 (rebate up to ₹12 lakh), PF about ₹21,600 a year and professional tax ₹2,400 — giving roughly ₹98,000 a month in hand.
Take-home pay is gross salary minus income tax (TDS), your own provident fund contribution (usually 12% of basic pay) and professional tax. This tool estimates each and shows your monthly in-hand figure.
CTC includes amounts you never receive as cash — the employer's PF contribution, gratuity provisioning and benefits. In-hand salary is what lands in your bank after tax and your own deductions, so it is always lower than CTC.
Start with gross (CTC minus the employer's contributions), then subtract income tax, your 12% PF and professional tax. This calculator does it for you — enter your gross and adjust the options.
No. Professional tax is a state levy and varies; many states cap it near ₹2,500 a year and a few don't charge it. This tool uses ₹2,400 a year as a common estimate.
Your own EPF contribution is usually 12% of basic pay. Many employers apply the ₹15,000-a-month wage ceiling, capping it at ₹1,800 a month. The employer contributes separately.
Usually the new regime, because of its lower rates and the rebate up to ₹12 lakh — unless you have large deductions. Toggle the regime in the calculator to compare.
Your exact structure — HRA, special allowance, bonus, NPS, insurance — changes the numbers. This is a quick estimate for the common case, not a payslip.
No. Those are part of CTC but not your take-home. Enter gross salary (CTC minus the employer's contributions) for the most accurate in-hand figure.