Take-home Salary Calculator (India)
Convert your annual CTC to monthly in-hand under FY 2025-26 Old vs New regime. HRA, 80C, 80D, PF and professional tax — side-by-side.
Salary structure
| Basic | ₹7,50,000 |
| HRA | ₹3,75,000 |
| Special allowance | ₹3,75,000 |
| Employee PF (12% of basic) | −₹90,000 |
| Employer PF (12% of basic) | ₹90,000 |
| Annual gross | ₹15,00,000 |
About this tool
Indian offer letters quote “CTC” — Cost to Company — which can mislead if you assume that's what hits your bank. CTC bundles employer PF, gratuity, insurance and notional benefits along with cash components (basic, HRA, special allowance). Your real monthly take-home is what remains after employer-side benefits are stripped out, your own PF is deducted, professional tax is paid, and income tax plus 4% health-and-education cess are applied.
From FY 2023-24 the New regime became the default in India, but the Old regime still wins for many salaried employees who pay rent (HRA exemption), invest ₹1.5L in 80C instruments (PPF, ELSS, life insurance, home-loan principal), and pay ₹25K toward health insurance under 80D. For FY 2025-26 the New regime offers a higher standard deduction (₹75K vs ₹50K), a wider 87A rebate (up to ₹7L taxable income vs ₹5L), and lower marginal rates — so it pulls ahead for anyone who doesn't maximise old-regime deductions. This calculator runs both side-by-side on your real CTC and tells you which regime saves more, in rupees, per month.
How it works
- Enter CTC. Type your annual CTC (₹). Most Indian offers show employer PF inside CTC — set the toggle accordingly.
- Set basic %. Default 50% of CTC. A higher basic increases HRA & gratuity but also PF (lower cash-in-hand).
- Pick city & rent. Toggle metro (HRA cap = 50% of basic) vs non-metro (40%). Enter actual annual rent paid.
- Enter deductions. 80C up to ₹1.5L, 80D up to ₹25K (old regime only), and your state's professional tax (default ₹2,400/yr).
- Compare regimes. Right panel shows side-by-side monthly take-home, taxable income, and tax+cess for Old vs New regime — with the better one highlighted.
Frequently asked questions
+−Which regime suits me — old or new?
If you claim a lot of deductions (HRA, full ₹1.5L 80C, ₹25K 80D, home-loan interest, NPS), the old regime usually wins. If your only deduction is the standard one, the new regime — with its lower slabs and ₹75,000 standard deduction — almost always gives more in-hand. Run your real numbers above; the calculator highlights whichever regime gives the higher monthly take-home.
+−How is HRA exemption computed?
HRA exemption (Old regime only) is the minimum of three numbers: (1) actual HRA received, (2) rent paid minus 10% of basic, and (3) 50% of basic if you live in a metro (Mumbai, Delhi, Kolkata, Chennai), otherwise 40%. The calculator computes all three and uses the smallest. If you don't pay rent, set rent to 0 — exemption becomes 0.
+−Does this include 13th-month bonus, variable pay or stock?
No. The calculator treats your CTC as fixed annual cash. If your offer includes variable pay or RSUs that vest, exclude those from CTC for a true 'minimum monthly in-hand' number, and re-run with the variable bonus added once per year to see the bonus-month spike.
+−What about gratuity?
Gratuity is shown in many CTC sheets but you only receive it after 5 years of continuous service, on exit. It's not part of monthly take-home. Most calculators (this one included) treat the rest of CTC as 'pre-gratuity' — if your offer letter shows gratuity inside CTC, mentally subtract ~4.81% of basic from CTC before entering it here for a more accurate in-hand.
+−Why does my actual payslip differ from this number?
Common reasons: (1) the company structures special allowance into LTA, food coupons, or telephone reimbursement (which can be tax-free), (2) NPS contribution under 80CCD(2), (3) different professional-tax slabs by state, (4) TDS catch-up in March. This tool uses standard CTC components and FY 2025-26 slabs; treat it as a close estimate, not a payroll system.
+−Should I have a high basic component?
Trade-off: higher basic increases HRA exemption (helps in old regime) and gratuity, but also increases your PF deduction (12% of basic), which lowers monthly cash even though it builds long-term retirement savings. A basic of 40-50% of CTC is the typical industry sweet spot. The calculator lets you slide the basic% to see the impact instantly.
+−Are surcharge and high-income brackets handled?
This tool applies the 4% health & education cess in both regimes but does not apply the surcharge (10% on income >₹50L, 15% above ₹1Cr, etc.) which kicks in at very high CTCs. For most salaried profiles up to ~₹50L CTC the numbers are accurate; above that, the actual tax will be slightly higher than what's shown.
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