Salary Calculator - Calculate Your In-Hand Salary
Estimate your monthly in-hand salary from your annual CTC. Compare the old and new Indian tax regimes side by side, with a detailed breakdown of income tax, cess, PF, and other deductions.
Tax rates: FY 2025-26
Enter your annual CTC to estimate in-hand salary
This is an estimate based on standard assumptions (40% basic, 12% PF on basic, ₹2,500 professional tax). Actual in-hand salary may vary based on your company's salary structure, city, and specific exemptions.
Frequently Asked Questions
What is CTC?+
CTC (Cost to Company) is the total annual amount a company spends on an employee. It includes your gross salary, employer's PF contribution, gratuity, insurance, and other benefits. Your in-hand salary is always less than CTC because of deductions like income tax, employee PF, and professional tax.
What is the difference between old and new tax regime?+
The old tax regime allows deductions under sections like 80C (up to ₹1.5 lakh), HRA exemption, and home loan interest. The new tax regime has lower tax rates but fewer deductions, with a higher standard deduction of ₹75,000. You can choose either regime each financial year.
How accurate is this salary calculator?+
This calculator provides a reasonable estimate using standard assumptions: 40% of CTC as basic salary, 12% employee PF on basic (capped at ₹1,800/month), and ₹2,500 annual professional tax. Your actual salary may differ based on your company's pay structure, city-specific allowances, and additional exemptions.
When should I choose the new tax regime?+
The new regime is generally better if your total deductions (80C, HRA, home loan interest, etc.) are less than approximately ₹3-4 lakh per year. If you have significant investments, home loan, or HRA claims, the old regime may result in lower tax. Use this calculator to compare both.