CTC calculator: Calculate your take-home salary
Convert your annual CTC into your exact monthly take-home salary by comparing old and new tax regimes under FY 2026-27 rules.
Last updated: May 2026
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CTC To in-hand salary calculator
Determining the actual bank credit from your annual salary package can be challenging due to multiple statutory deductions. An online CTC calculator simplifies this transition by analyzing your allowances and computing exact monthly in-hand figures under the latest tax slabs and Code on Wages rules.
Using a professional online CTC to in-hand salary calculator makes these computations precise. If you want to calculate monthly take-home salary from your total Cost to Company package (inclusive of basic, HRA, PF and bonuses), simply input your annual figures above.
Why calculate your in-hand salary online?
Accurate slab analysis
Instantly map your CTC to the precise tax slabs applicable for the current financial year.
Regime comparison
Compare the old and new tax regimes side-by-side to understand which strategy saves more money.
Incorporate Code on Wages
Apply the latest statutory guidelines directly to your basic wage base for accurate PF and gratuity.
Instant take-home estimates
Acquire clear details of your monthly bank deposit value and overall deductions instantly.
How to use this CTC calculator
You only need to enter your annual CTC, choose a tax regime, and optionally input custom investments or HRA details. The calculator immediately processes the statutory contributions, displaying your net monthly take-home salary along with an annual breakdown table.
New tax regime slabs for FY 2026-27
The default New tax regime offers lower, simplified tax rates without requiring complex investment tracking. Here is the structure showing the tax slabs for the current financial year:
| Annual taxable income | Tax rate (new regime) |
|---|---|
| Up to Rs. 4,00,000 | Nil |
| Rs. 4,00,001 to Rs. 8,00,000 | 5% |
| Rs. 8,00,001 to Rs. 12,00,000 | 10% |
| Rs. 12,00,001 to Rs. 16,00,000 | 15% |
| Rs. 16,00,001 to Rs. 20,00,000 | 20% |
| Rs. 20,00,001 to Rs. 24,00,000 | 25% |
| Above Rs. 24,00,000 | 30% |
Frequently asked questions
What is a CTC to in-hand salary calculator?
Compare old vs new tax regime (FY 2026-27)
Who should use this salary calculator?
How to use the CTC to in-hand salary calculator
FY 2026-27: What's different?
What is the 50% basic pay rule under the Code on Wages?
Is employer PF contribution part of my take-home salary?
How does HRA exemption work in the old tax regime?
Curious how this looks in a real-world scenario? Read the example below!
Worked example: CTC To take-home salary breakdown
Let's look at how an annual Cost to Company (CTC) package converts to actual take-home salary. This example maps a gross salary offer with an annual CTC of ₹12,00,000, showcasing expected monthly gross income against the actual in-hand deposit under the New tax regime slabs:
| Salary component | Annual value | Monthly value | Description |
|---|---|---|---|
| Cost to Company (CTC) | ₹12,00,000 | ₹1,00,000 | The total annual cost spent by the employer. |
| Employer Contributions (PF & Gratuity) | ₹50,446 | ₹4,204 | Statutory costs deducted from CTC upfront. |
| Employee PF & Professional tax | ₹24,000 | ₹2,000 | Monthly retirement savings and state taxes. |
| Income Tax (New Regime) | ₹0 | ₹0 | Fully rebated under Section 87A rebate rules. |
| Actual Take-Home In-Hand | ₹11,25,554 | ₹93,796 | The final cash deposited in the bank account. |
While the gross offer works out to a clean ₹1 lakh per month, the actual bank deposit is ₹93,796. The ₹6,204 difference goes into PF contributions and similar statutory deductions - not lost, but not spendable either. Worth knowing before you plan your monthly budget around the offer number.
Why is my tax lower here than on other "income tax calculators"?
Standard Income Tax calculators expect you to enter your Gross Salary, which ALREADY EXCLUDES Employer PF, Employer ESI, and Gratuity. Since this is a CTC Calculator, we correctly deduct those employer contributions from your CTC before calculating taxes.
Important note
This calculator provides estimates based on standard assumptions and current tax structures for FY 2026-27. Actual salary credits may vary depending on employer policies, declarations, and individual exemptions.