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Salary Calculator
CTC to in-hand salary with New and Old regime tax, PF, professional tax and gratuity.
- Available — Live on this site right now.
- Browser Tool — Runs in the browser you are reading this in.
- No Install — Nothing to download, no extension, no account.
- Client-Side — Runs entirely on your device. No test data is uploaded.
This page explains the tool. The tool itself is one click away and needs no sign-in.
Open Salary CalculatorWhat this calculator does
The Salary Calculator estimates monthly take-home pay from a CTC, an annual gross or a monthly gross figure. It builds a payslip-style breakdown — basic, HRA, other allowances, special allowance — then applies deductions and income tax to arrive at the in-hand amount.
It computes tax under both the New and the Old regime and shows them side by side, including the standard deduction, the section 87A rebate and the 4% health and education cess. Two financial years of slab configurations are built in.
Extra sections cover a salary-hike calculator, a reverse mode that works out the CTC needed for a desired in-hand figure, and a two-offer comparison. The breakdown can be copied or exported as CSV, and plans can be saved locally.
How to use it
- Choose what your figure representsAnnual CTC, Annual Gross or Monthly Gross. This matters: CTC includes employer contributions such as employer PF and gratuity that never appear in your salary, so entering a CTC as a gross overstates your pay.
- Enter the amountType it or use a preset from ₹3L to ₹1Cr.
- Pick a tax regimeNew Regime or Old Regime. The comparison section computes both regardless, so you can see which produces the lower tax for your figures rather than assuming.
- Review the salary structure assumptionsBasic is a percentage of gross (40% by default) and HRA a percentage of basic (40% by default). Real offers vary widely, so adjust these to match your own letter before trusting the deduction figures — PF and gratuity are both derived from basic.
- Set the deduction optionsPF can follow the statutory ₹15,000 wage ceiling or your full basic; professional tax is a monthly amount that varies by state; ESI applies only below a monthly gross threshold; gratuity is a percentage of basic.
- Read the payslip breakdownThe breakdown separates employee deductions from employer contributions and shows the monthly and annual view of each line. The gap between CTC and in-hand is fully itemised there.
What the results mean
CTC, gross and in-hand are three different numbers
CTC is the employer's total cost, including employer PF and gratuity. Gross is what is credited before deductions. In-hand is what reaches your account after PF, professional tax, ESI where applicable, and income tax. The difference between the first and the last is often 15–25% of CTC.
Employee versus employer PF
Both are 12% by default, but only the employee share is deducted from your salary — the employer share is part of CTC and goes to your PF account without ever appearing in your pay. On the statutory basis, PF is computed on a wage capped at ₹15,000 a month rather than on full basic.
The tax slab calculation
Tax is applied slab by slab to income after the standard deduction, not as a single rate on the whole amount. If the result is at or below the rebate limit, section 87A cancels the tax up to the rebate maximum; whatever survives then attracts 4% cess.
New versus Old regime
The New regime has wider slabs, a ₹75,000 standard deduction and a ₹7,00,000 rebate limit but no HRA or 80C-style deductions. The Old regime has narrower slabs, a ₹50,000 standard deduction and a ₹5,00,000 rebate limit, and its value depends entirely on how much you can actually claim. The comparison section is the honest way to choose.
Gratuity and variable pay
Gratuity is an employer cost accrued against basic and is not part of monthly pay. Variable pay and annual bonuses are paid on their own cycle, so including them in a monthly in-hand figure inflates it — the page makes the same point in its own FAQs.
The formula
These are the expressions the calculator evaluates, written out so you can reproduce any result by hand.
Worked example
An annual gross of ₹12,00,000 under the New regime, with the default 40% basic and statutory PF, showing how the slab-by-slab tax is built.
- Annual gross
- ₹12,00,000
- Basic (40%)
- ₹4,80,000 → ₹40,000 a month
- PF wage (statutory cap)
- min(15,000, 40,000) = ₹15,000
- Employee PF
- 15,000 × 12% × 12 = ₹21,600 a year
- Taxable income
- 12,00,000 − 75,000 standard deduction = ₹11,25,000
- Slab tax
- 0 on first 3L + 5% of 4L (20,000) + 10% of 3L (30,000) + 15% of 1.25L (18,750) = ₹68,750
- 87A rebate
- ₹0 — income above the ₹7,00,000 limit
- Cess at 4%
- 68,750 × 0.04 = ₹2,750 → total tax ₹71,500
- Approximate monthly in-hand
- (12,00,000 − 21,600 − 71,500 − professional tax) ÷ 12 ≈ ₹88,000
Roughly ₹88,000 a month before any professional tax your state charges. Note that only ₹21,600 of PF is deducted from you — the matching employer ₹21,600 sits in CTC and never appears in the payslip, which is a large part of why CTC and in-hand differ.
Limits worth knowing
A browser can only report what the platform gives it. These are the honest boundaries of this page, so a result is never read as more than it is.
- It is an estimate, and the page labels its own breakdown a confidential estimate for that reason. Your actual payslip depends on your employer's salary structure, which varies far more than any default can capture.
- The salary structure is assumed, not known. Basic at 40% of gross and HRA at 40% of basic are common conventions rather than rules; because PF and gratuity are derived from basic, a different structure changes the deductions.
- Tax modelling is deliberately simple. It applies the slabs, the standard deduction, the 87A rebate and 4% cess. It does not handle HRA exemption, 80C, 80D, home-loan interest, NPS deductions, LTA, surcharge on high incomes, or any other exemption — so an Old regime figure here will usually be higher than what a full computation with claims would produce.
- Tax rules change by financial year and by budget. Two years of slab configurations are built in; the calculator cannot know amendments made after it was written, and the page's own FAQ notes that rules change by financial year.
- It is not a payroll system and not tax advice. For filing, or for a decision between regimes on a complicated income, use a qualified professional or the income-tax portal.
- Nothing you enter is transmitted or stored on a server. Saved plans and settings live in your browser's local storage.
Tips
- Enter your real basic percentage from your offer letter before reading any deduction figure. Basic drives PF and gratuity, so the default 40% assumption is the biggest source of error in the estimate.
- Compare two offers on in-hand and on total CTC separately. A higher CTC with more employer contribution and more variable pay can deliver less monthly money than a lower, simpler package.
- Treat the regime comparison here as a starting point only. The Old regime becomes competitive precisely because of the deductions this calculator does not model, so run your actual claims before deciding.
Troubleshooting
Why is my take-home so much lower than my CTC?
CTC includes employer PF and gratuity, which never reach your account, and your salary then loses employee PF, professional tax, ESI where applicable and income tax. The breakdown itemises every one of those lines — the gap is usually 15–25% of CTC.
The calculator's figure does not match my payslip.
Compare the basic salary first. If your employer's basic percentage differs from the assumption here, PF and gratuity shift with it. Company-specific components — food coupons, insurance premiums, NPS, LTA, city allowances — are also not modelled.
Which regime should I choose?
The comparison section shows both under these simplified rules, but the Old regime's advantage comes from deductions this tool does not compute. If you claim significant HRA, 80C or home-loan interest, work the Old regime out with your actual claims before deciding.
Does my annual bonus increase my monthly in-hand?
No. Bonuses and variable pay are paid on their own cycle and are taxed when paid, so including them in a monthly figure overstates it. Enter recurring gross salary for the monthly view and treat variable pay separately — the page's own FAQs make the same distinction.
Ready to run it?
CTC to in-hand salary with New and Old regime tax, PF, professional tax and gratuity. Nothing to install, and it opens in this browser.