In-Hand Salary Calculator India

CTC (Cost to Company) is everything your employer spends on you, including employer PF contribution, gratuity provision, and bonus. In-hand salary is what actually reaches your bank account each month, after removing employer contributions and deducting employee PF, professional tax, and income tax. In-hand is typically 65–80% of CTC.

EPF is 12% of your basic + DA, contributed by both you and your employer. Most private employers apply the 12% to your full basic (not the ₹15,000 statutory floor), so this calculator does too. The employer share is usually counted inside your CTC but never reaches your monthly pay; your own 12% is deducted from your salary. Note the ₹15,000 wage base only caps the small EPS pension slice inside the employer share.

For most salaried people without large deductions, the new regime wins: income up to ₹12 lakh (taxable) is effectively tax-free thanks to the Section 87A rebate, plus a ₹75,000 standard deduction. The old regime can still win if you claim substantial HRA, 80C investments, home-loan interest, and other deductions. This calculator compares both for your exact CTC.

With standard assumptions (50% basic, PF and gratuity in CTC), a ₹12,00,000 CTC gives roughly ₹85,000–86,000 per month in hand under the new regime. Income tax is zero because taxable income stays under the ₹12 lakh 87A rebate limit.

It uses official FY 2026-27 slabs and standard salary-structure conventions, but it estimates: professional tax is a flat per-state figure, HRA exemption and 80C investments beyond PF are not modeled. Treat results as a close estimate, not tax advice.