Free calculators · India · FY 2026-27
In-hand salary calculator (CTC to take-home)
Enter your CTC to see what reaches your bank account each month, and where the rest goes.
Your take-home
₹93,792 a month
After ₹0 income tax (TDS) a month. ₹3,917 a month goes into your PF account.
| Item | Yearly | Monthly |
|---|---|---|
| CTC | ₹12,00,000 | ₹1,00,000 |
| Employer PF (part of CTC) | − ₹36,000 | − ₹3,000 |
| Gross salary | ₹11,64,000 | ₹97,000 |
| Your PF (12%) | − ₹36,000 | − ₹3,000 |
| Professional tax | − ₹2,500 | − ₹208 |
| Income tax (TDS) | − ₹0 | − ₹0 |
| In hand | ₹11,25,504 | ₹93,792 |
PF each month: ₹3,000 from you, ₹917 from your employer into EPF and ₹2,083 into your pension (EPS).
How it's worked out
Gross salary is your CTC minus what your employer spends on you but doesn't pay you: their 12% PF contribution and, if included, gratuity (4.81% of basic). Variable pay is taken out of the monthly figure because it's paid later.
From the gross we take your own 12% PF (on basic up to ₹25,000 a month, unless your employer deducts it on the full basic), professional tax for your state and income tax spread evenly over 12 months, which is how employers deduct TDS.
New regime: ₹75,000 standard deduction, then 5% from ₹4 lakh up to 30% above ₹24 lakh. Thanks to the 87A rebate, there's no tax up to ₹12 lakh of taxable income (about ₹12.75 lakh salary). Old regime: ₹50,000 standard deduction, your PF and other 80C savings up to ₹1.5 lakh, and the deductions you enter. A 4% cess is added to the tax.
Rules and sources
Uses the rules for FY 2026-27 (income-tax slabs, PF ceiling and interest, gratuity, HRA cities), last checked on 10 November 2026. We update them when a Budget or notification changes them.
- Income Tax Department: slabs, rebate and deductions
- EPFO: PF wage ceiling (₹25,000 from 17 Sep 2026)
- EPFO: contribution rates and interest
- Ministry of Labour: the Labour Codes (gratuity)
These are estimates for salaried people below 60, not tax advice. Your payslip can differ: employers structure pay differently, and professional tax has lower slabs we don't show. Check big decisions with your employer's HR or a tax adviser.
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