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Calculate exact monthly take-home salary from your annual CTC after EPF, PT, and Income Tax deductions.
Net salary credited to your bank account every month
Calculations follow official federal and central bank guidelines (IRS, RBI), statutory tax provisions, and standardized actuarial compounding.
Why our math is exact vs other portals →The Salary Calculator (CTC to In-Hand) is built to eliminate financial ambiguity by applying exact Indian financial mathematics rather than generic, oversimplified online estimates.
Whether evaluating interest liability on bank credit, calculating compounding acceleration on systematic investments, or forecasting net post-tax maturity values, accurate forecasting ensures you never misjudge your cash flow or long-term corpus.
Accounts for basic salary, HRA, special allowance, PF deductions, standard deduction ₹75k, and New Tax Regime slabs.
Generic percentage deduction without EPS ceiling split
Statutory 12% employee PF with employer split (3.67% EPF + 8.33% EPS capped at ₹15,000 wage ceiling) + exact HRA exemption limits.
In India, retail lending follows RBI guidelines on reducing balance compounding and External Benchmark Linked Lending Rates (EBLR/RLLR). Fixed deposits follow RBI quarterly compounding mandates, while mutual fund equity investments adhere to SEBI NAV timing and post-Budget 2024 capital gains tax provisions (12.5% LTCG over ₹1.25L).
₹12,00,000 CTC in Bangalore/Mumbai.
Gross Salary = ₹11.78 Lakhs (after employer PF). Income Tax = ₹49,400. EPF = ₹21,600. Professional Tax = ₹2,400. Monthly in-hand take home = ₹92,083.
New Regime includes ₹75,000 standard deduction for salaried employees and Section 87A full tax rebate up to ₹7,00,000.
| Income Bracket | New Tax Regime Rate | Old Tax Regime Rate | Deductions Permitted? |
|---|---|---|---|
| ₹0 to ₹3,00,000 | Nil | Nil | Tax Free |
| ₹3,00,001 to ₹5,00,000 | 5% | 5% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹5,00,001 to ₹6,00,000 | 5% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹6,00,001 to ₹7,00,000 | 10% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹7,00,001 to ₹9,00,000 | 10% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹9,00,001 to ₹10,00,000 | 15% | 20% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹10,00,001 to ₹12,00,000 | 15% | 30% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| ₹12,00,001 to ₹15,00,000 | 20% | 30% | Old: 80C, 80D, HRA | New: Std ₹75k only |
| Above ₹15,00,000 | 30% | 30% | Old: 80C, 80D, HRA | New: Std ₹75k only |
CTC includes employer contributions to EPF, gratuity provisions, insurance premiums, and non-cash perks that are deducted before determining gross and net take-home salary.
Calculate your tax-exempt HRA amount under Section 10(13A) of the Income Tax Act.
Compare tax liability between Old and New Tax Regime for FY 2024-25 & FY 2025-26 with Section 87A rebate.
Calculate exact monthly take-home salary from your annual CTC package after PF, PT, and Income Tax deductions.
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Discover which tax regime saves you more money based on your CTC, standard deduction of ₹75,000, 80C deductions, and HRA exemptions.
Complete breakdown of Section 87A rebate rules under both Old and New Tax Regimes, marginal relief calculations, and eligibility criteria.
Deepen your financial planning across interconnected tools. Every calculator within this cluster shares statutory logic and standardized Indian financial formulas.