In-Hand Salary Calculator — CTC to Take-Home Salary
Calculate your exact monthly take-home salary from annual CTC. See complete salary breakup — Basic, HRA, PF deductions, professional tax, and income tax under Old and New Regime (FY 2024-25). Switch regimes instantly to compare. Free, no sign-up.
Tax slabs reflect the Income Tax Department of India notification for FY 2024-25 (AY 2025-26), incorporating Budget 2024 changes — including the enhanced ₹75,000 standard deduction under the new regime. PF rates are per EPFO statutory guidelines. Professional tax set at ₹200/month for applicable states. Salary breakup follows standard Indian compensation structure. All calculations client-side. Last reviewed: June 2026.
In-Hand Salary Calculator India — CTC to Take-Home Explained for FY 2024-25
Every year, millions of Indian job seekers receive offer letters quoting a CTC figure — and then spend the next month confused when their bank account shows a number that is 15–25% lower. The gap between CTC (Cost to Company) and in-hand salary is not deception — it is the result of employer PF contributions, gratuity provisions, professional tax, and income tax deductions that are structured into the compensation package but never actually credited to your account.
This calculator computes your exact monthly take-home salary under both the old and new income tax regime for FY 2024-25, incorporating the enhanced ₹75,000 standard deduction (Budget 2024), the revised 87A rebate (zero tax for taxable income up to ₹7 lakh under new regime), and the standard 12% employee PF contribution capped at ₹1,800/month.
CTC to In-Hand Salary: The Formula
In-Hand Salary for Common CTC Levels — Old vs New Regime (FY 2024-25)
| Annual CTC | Monthly Gross | New Regime (Monthly) | Old Regime (Monthly) | Regime Saving |
|---|---|---|---|---|
| ₹3 Lakh | ₹22,653 | ₹21,919 | ₹21,919 | Same |
| ₹5 Lakh | ₹37,799 | ₹37,065 | ₹37,065 | Same |
| ₹8 Lakh | ₹63,584 | ₹61,584 | ₹57,225 | +₹4,359 (New) |
| ₹10 Lakh | ₹79,480 | ₹74,601 | ₹70,171 | +₹4,430 (New) |
| ₹12 Lakh | ₹95,376 | ₹88,899 | ₹82,412 | +₹6,487 (New) |
| ₹15 Lakh | ₹1,19,220 | ₹1,08,836 | ₹99,281 | +₹9,555 (New) |
| ₹20 Lakh | ₹1,58,960 | ₹1,38,039 | ₹1,27,396 | +₹10,643 (New) |
Computed at 40% basic, Metro city, ₹200/month professional tax. Old regime: no rent declared (zero HRA exemption).
New Tax Regime Slabs — FY 2024-25
| Taxable Income | Tax Rate | Tax on This Slab |
|---|---|---|
| Up to ₹3,00,000 | NIL | ₹0 |
| ₹3,00,001 – ₹7,00,000 | 5% | Up to ₹20,000 |
| ₹7,00,001 – ₹10,00,000 | 10% | Up to ₹30,000 |
| ₹10,00,001 – ₹12,00,000 | 15% | Up to ₹30,000 |
| ₹12,00,001 – ₹15,00,000 | 20% | Up to ₹60,000 |
| Above ₹15,00,000 | 30% | ₹1,40,000 + 30% of excess |
Standard deduction: ₹75,000. Section 87A rebate: up to ₹25,000 for net taxable income ≤ ₹7 lakh — making effective take-home zero tax for anyone with gross income up to approximately ₹9.75–10 lakh CTC. Plus 4% health and education cess on final tax.
Why Basic Salary Percentage Matters
Same ₹8L CTC, different basic %:
Basic 30% (₹24K/mo): PF = ₹1,800/mo → In-Hand ≈ ₹62,384
Basic 40% (₹32K/mo): PF = ₹1,800/mo → In-Hand ≈ ₹61,584
Basic 50% (₹33.3K/mo): PF = ₹1,800/mo → In-Hand ≈ ₹60,784
Higher basic = more PF savings, slightly lower take-home. Lower basic = higher take-home, smaller PF corpus.
PF contribution is capped at 12% of ₹15,000 = ₹1,800/month for the statutory portion. If your basic exceeds ₹15,000/month, your PF deduction stays at ₹1,800 unless your company contributes on the actual basic. Use our EPF Calculator to model how different basic salary levels affect your retirement corpus.
What Does Your Employer Pay That You Never See?
For every ₹8 lakh CTC, your employer pays approximately:
- Employer PF (3.67% of basic to EPF + 8.33% to EPS): ₹21,600/year — part of your CTC, not paid to you.
- Gratuity provision (4.81% of basic): ₹15,392/year — payable only after 5 years of continuous service.
- EDLI (Employee Deposit Linked Insurance) + admin charges (1%): approximately ₹3,200/year.
- Medical insurance premium: varies by company (₹5,000–₹25,000/year).
Combined, these components can consume ₹40,000–₹65,000 of your CTC annually without ever appearing in your payslip as earnings. Understanding this helps you negotiate and evaluate offers correctly. Use the Gratuity Calculator to estimate your gratuity payout and the HRA Calculator to maximise your HRA exemption under the old regime.
Other Salary Tools You Need
- TDS Calculator — Calculate exact TDS on salary, FD interest, rent, and professional fees.
- HRA Calculator — Find HRA exemption under old regime if you pay rent.
- EPF Calculator — See how your PF contributions grow to retirement.
- Gratuity Calculator — Calculate your gratuity payout after 5+ years of service.
- NPS Calculator — Add ₹50,000/year to NPS for extra 80CCD(1B) deduction under old regime.
Tax slabs per Income Tax Department notification for FY 2024-25, incorporating Finance Act 2024. PF rates per EPFO. Last reviewed Jun 2026 by BankZop Financial Editorial Team.