Salary Calculator - CTC to Take Home Salary Calculator India 2026
Calculate your take-home salary from CTC, understand salary components, deductions, and optimize your tax savings with our comprehensive salary calculator for Indian employees.
Annual package: ₹12.00 L
Bonus/Performance pay (annual)
Monthly: ₹33.33 K
Monthly: ₹16.67 K
Net Take-Home Salary
₹75.41 K
per month
| Component | Monthly Amount |
|---|---|
| Basic Salary | ₹33,333 |
| HRA (50%) | ₹16,667 |
| Special Allowance | ₹30,483 |
| Transport Allowance | ₹1,600 |
| Medical Allowance | ₹1,250 |
| Gross Salary | ₹83,333 |
| PF (12%) | -₹4,000 |
| Income Tax (new regime) | -₹3,926 |
| Total Deductions | -₹7,926 |
| Net Take-Home | ₹75,407 |
| Cost to Company (CTC) | ₹1,00,000 |
Salary Projection with Annual Increment
Plan your financial future with our salary projection calculator. Visualize how your annual salary growth and salary increment will impact your take-home salary, income tax liability, and net earnings over the years. This salary growth calculator helps you make informed career decisions and plan tax-saving investments in advance.
| Year | Annual CTC | Income Tax | Net Salary |
|---|---|---|---|
| Current | ₹12,00,000 | ₹47,112 | ₹9,04,888 |
| 2027 | ₹13,20,000 | ₹61,963 | ₹9,85,237 |
| 2028 | ₹14,52,000 | ₹78,300 | ₹10,73,620 |
| 2029 | ₹15,97,200 | ₹97,159 | ₹11,69,953 |
| 2030 | ₹17,56,920 | ₹1,23,515 | ₹12,70,308 |
| 2031 | ₹19,32,612 | ₹1,52,507 | ₹13,80,699 |
Salary Component Breakdown
Visual representation of your salary components and deductions
Salary Components
Deductions Breakdown
Smart Salary Planning Tips for Indian Employees
Expert tips to maximize your take-home salary and optimize financial planning
Understand Your CTC
Cost to Company (CTC) includes your gross salary plus employer contributions like PF, gratuity, and insurance. Know the difference between CTC and take-home salary.
Optimize Tax Deductions
Maximize deductions under Section 80C, 80D, and other provisions. Choose between old and new tax regimes based on your income and investments.
Build Emergency Fund
Save 6-12 months of expenses as emergency fund. Automate savings to build financial security and achieve your long-term financial goals.
Invest Surplus Wisely
After expenses, invest surplus in mutual funds, PPF, or ELSS. Start SIPs early to harness the power of compounding for wealth creation.
How to Calculate In-Hand Salary from CTC in India?
Calculating your in-hand salary or take home salary from your CTC (Cost to Company) is essential for effective financial planning. Many Indian employees are confused about the difference between CTC and actual salary received in their bank account each month.
To calculate in-hand salary from CTC, you need to subtract all statutory and voluntary deductions from your gross salary. The salary calculator India helps you understand this breakdown accurately.
Formula to Calculate Take Home Salary:
In-Hand Salary = Gross Salary - Total Deductions
Where Total Deductions include:
- Employee PF Contribution: 12% of basic salary
- ESI (if applicable): 0.75% of gross salary (only if gross ≤ ₹21,000)
- Income Tax: As per applicable tax regime and slabs
- Professional Tax: Up to ₹2,500 per year (varies by state)
Our monthly salary calculator India and CTC to in-hand salary calculator automatically computes all these deductions to give you the exact monthly in-hand salary you'll receive. Use this salary calculator online tool to plan your monthly budget and expenses effectively.
What is the Difference Between CTC, Gross Salary, and Net Salary?
Understanding the difference between CTC, gross salary, and net salary is crucial for every salaried employee in India. These terms represent different stages of your salary calculation.
1. Cost to Company (CTC)
CTC is the total annual cost an employer incurs for an employee. It includes:
- Gross Salary
- Employer's PF contribution (12%)
- Gratuity (~4.81% of basic)
- ESI employer contribution (3.25% if applicable)
- Other benefits (insurance, bonuses)
2. Gross Salary
Gross salary is the total salary before any deductions. It includes:
- Basic Salary (40-50% of CTC)
- HRA (House Rent Allowance)
- Special Allowance
- Transport Allowance
- Medical Allowance
- Other allowances
3. Net Salary / Take Home
Net salary or take-home salary is what you actually receive:
- Gross Salary minus Employee PF (12% of basic)
- Minus Income Tax (TDS)
- Minus ESI (0.75% if applicable)
- Minus Professional Tax
- Minus other deductions
Our salary in-hand calculator helps you understand exactly how much money will be credited to your bank account every month. This net salary calculator India tool is essential for comparing job offers and understanding your actual disposable income.
Quick Example:
If your CTC is ₹12,00,000 per annum:
- Monthly CTC: ₹1,00,000
- Approximate Gross Salary: ₹85,000 - ₹88,000
- Deductions (PF + Tax + PT): ₹20,000 - ₹25,000
- Monthly Take Home Salary: ₹60,000 - ₹68,000
Use our monthly salary to CTC calculator to get precise calculations for your specific salary structure.
How to Calculate Tax on Salary in India?
Calculating income tax on salary in India involves understanding tax slabs, deductions, and choosing the right tax regime. Our salary tax calculator India simplifies this complex calculation for you.
Step-by-Step Guide to Calculate Income Tax:
- Calculate Gross Annual Income: Multiply your monthly gross salary by 12
- Subtract Standard Deduction: ₹50,000 is allowed under both tax regimes
- Subtract Other Deductions (Old Regime Only):
- Section 80C: Up to ₹1,50,000 (PF, ELSS, PPF, etc.)
- Section 80D: Up to ₹25,000 (Health Insurance)
- HRA exemption (if living in rented accommodation)
- Home loan interest deduction
- Apply Tax Slabs: Calculate tax based on your chosen tax regime
- Add 4% Health & Education Cess: On the total tax amount
Old Tax Regime (FY 2025-26)
- Up to ₹2.5 Lakh: 0%
- ₹2.5L - ₹5L: 5%
- ₹5L - ₹10L: 20%
- Above ₹10L: 30%
- Best for: Employees with significant tax-saving investments
New Tax Regime (FY 2025-26)
- Up to ₹3 Lakh: 0%
- ₹3L - ₹6L: 5%
- ₹6L - ₹9L: 10%
- ₹9L - ₹12L: 15%
- ₹12L - ₹15L: 20%
- Above ₹15L: 30%
- Best for: Employees with minimal deductions
Use our comprehensive salary budget calculator India to compare both tax regimes and choose the one that minimizes your tax liability. Our calculator automatically computes basic salary calculation in India along with all applicable taxes and deductions.
Pro Tips for Tax Optimization:
- Maximize Section 80C investments (₹1.5 Lakh) if using old regime
- Claim HRA exemption if you pay rent and live in a metro city - Use our HRA Calculator to calculate your exact exemption
- Opt for employer NPS contribution for additional ₹50,000 deduction
- Use our Income Tax Calculator and Tax Saving Calculator for detailed tax planning
- Compare both regimes annually as your income and investments change
Understanding Indian Salary Structure Components
Complete guide to salary components, deductions, and how they impact your take-home salary
Salary Components (Income)
Salary Deductions
Old vs New Tax Regime Comparison for Salaried Employees
Choose the right tax regime to minimize your tax liability and maximize take-home salary
Old Tax Regime
Tax Slabs (FY 2025-26)
Key Benefits
New Tax Regime
Tax Slabs (FY 2025-26)
Key Features
Frequently Asked Questions about Salary Calculation
Common questions about salary components, deductions, and tax planning