Salary In-Hand Calculator
Calculate your monthly take-home salary from annual CTC. Includes Employee PF, professional tax, and income tax under the New Tax Regime (FY 2024-25, India).
Salary Details
⚠️ This is an estimate based on New Tax Regime. Actual salary may vary by company structure (HRA, special allowances, gratuity, insurance etc.).
Monthly Take-Home
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Monthly In-Hand (Estimated)
💡 New Regime Slabs
FY 2024-25 Tax Slabs
- 0–3L: Nil | 3–7L: 5% | 7–10L: 10% | 10–12L: 15% | 12–15L: 20% | Above 15L: 30%.
- Standard deduction ₹75,000.
- Section 87A rebate if taxable income ≤ ₹7L.
- Plus 4% Health & Education Cess.
📖 What's Deducted
Deductions Included
- Employee PF: 12% of Basic (matched by employer)
- Professional Tax: ₹200/month (₹2,400/year)
- Income Tax: New Regime with ₹75K standard deduction
- 4% Health & Education Cess on total tax
🎯 CTC Explained
CTC vs In-Hand
- CTC includes employer PF, gratuity, insurance, bonuses
- Gross = CTC minus employer contributions
- Net (In-Hand) = Gross minus employee PF, PT, tax
- In-hand is typically 65–80% of CTC
Frequently Asked Questions
What is the difference between CTC and In-Hand salary?▾
CTC (Cost to Company) is the total expense a company bears for you — including employer PF, gratuity, health insurance, bonuses. In-hand (take-home) is what actually hits your bank account after all deductions from gross salary.
Should I choose Old or New Tax Regime?▾
If you claim high deductions (HRA, 80C up to ₹1.5L, 80D medical insurance, home loan interest), Old Regime may save more. For most people without significant deductions, the New Regime with lower slab rates is beneficial.
Why is my actual salary different from this estimate?▾
Companies structure CTC differently — some include gratuity, insurance premiums, meal coupons, LTA, and other allowances. This calculator gives a simplified estimate. Check your actual offer letter for exact breakup.