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Estimate your monthly take-home (in-hand) salary from your CTC for FY 2026-27, after PF, professional tax and income tax — under the new or old tax regime.
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Estimate based on common CTC structuring assumptions for FY 2026-27. Your actual salary slip may differ.
How your take-home salary is calculated
Your CTC (Cost to Company) is the full annual amount your employer spends on you — it includes parts that never reach your bank account, such as the employer's provident fund contribution and gratuity provision. Your take-home (in-hand) salary is what is left after statutory deductions. The basic flow is:
Gross salary is your CTC minus the employer's contributions. From gross, your own provident fund (12% of basic, often capped at the ₹15,000 wage ceiling), professional tax (a small state levy, commonly ₹200/month) and income tax (TDS) are deducted. This calculator estimates each using common structuring — basic salary as a share of CTC, employer PF, and a 4.81% gratuity provision.
Income tax slabs — new regime (FY 2026-27)
| Annual taxable income | Tax rate |
|---|---|
| Up to ₹4,00,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% |
| ₹12,00,001 – ₹16,00,000 | 15% |
| ₹16,00,001 – ₹20,00,000 | 20% |
| ₹20,00,001 – ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
The new regime gives a ₹75,000 standard deduction and a Section 87A rebate that makes taxable income up to ₹12,00,000 fully tax-free — so a salary of about ₹12.75 lakh can carry zero income tax. A 4% health and education cess applies on the tax amount.
Old regime
The old regime keeps a ₹2,50,000 exemption, then 5% (₹2.5–5 lakh), 20% (₹5–10 lakh) and 30% above ₹10 lakh, with a ₹50,000 standard deduction and an 87A rebate up to ₹5 lakh taxable income. It can give more take-home only if you claim large deductions such as 80C (₹1.5 lakh), home-loan interest and HRA.
Salary calculator — frequently asked questions
How is in-hand salary calculated from CTC?
In-hand salary = Gross salary − employee PF − professional tax − income tax (TDS). Gross salary is your CTC minus the employer's contributions (employer PF and gratuity). This calculator estimates each of these for FY 2026-27.
What is the difference between CTC and take-home salary?
CTC (Cost to Company) is the total annual cost of employing you, including employer PF, gratuity and benefits. Take-home (in-hand) salary is what actually reaches your bank account after PF, professional tax and income tax are deducted, so it is always lower than CTC.
What are the income tax slabs for FY 2026-27 under the new regime?
Up to ₹4 lakh nil, ₹4-8 lakh 5%, ₹8-12 lakh 10%, ₹12-16 lakh 15%, ₹16-20 lakh 20%, ₹20-24 lakh 25% and above ₹24 lakh 30%, with a ₹75,000 standard deduction. A Section 87A rebate makes income up to ₹12 lakh tax-free.
Which tax regime gives higher take-home salary?
For most salaried people without large deductions, the new tax regime gives a higher take-home because of lower slab rates, the ₹75,000 standard deduction and the rebate up to ₹12 lakh. The old regime can win if you claim large deductions like 80C, home-loan interest and HRA.
How much PF is deducted from salary?
Employee provident fund is 12% of basic salary plus dearness allowance. Many employers cap it at the statutory wage ceiling of ₹15,000 per month (₹1,800), while others deduct 12% of actual basic.
Automate salary, PF, ESI & TDS with NUZN People
NUZN People is HR & payroll software for India that processes salaries with PF, ESI, professional tax and TDS for both tax regimes, and generates payslips and Form 16 automatically.
Explore NUZN People →Disclaimer: This salary calculator gives an estimate for general guidance based on common CTC structuring and the income-tax rules for FY 2026-27. Actual take-home depends on your employer's salary structure, exemptions and the latest tax rules. Please verify with your HR or a qualified professional.