Why does my actual payslip differ from this estimate?

Real CTC structures vary by employer, bonuses, LTA, gratuity accrual, meal cards, and the EPF wage ceiling (₹15,000 basic for statutory minimum PF) all affect the exact number. This calculator uses a standard simplified structure to give a close estimate.

Why is income tax calculated under the new regime?

The new tax regime is now the default for salaried employees unless you opt into the old regime. Both estimates are shown so you can compare.

In-hand Salary Calculator

Estimate monthly take-home pay from your annual CTC.

How this is calculated

Net salary = CTC − employer PF − employee PF − professional tax − income tax (new regime)

Assumptions used in this calculation

EPF contribution: Both employer and employee EPF contributions are assumed to be 12% of basic salary, with no wage ceiling applied.
Professional tax: A flat ₹2,400/year professional tax is assumed; actual state slabs vary.

About this calculator

The in-hand salary calculator estimates monthly take-home pay from an annual CTC (Cost to Company), accounting for employer and employee EPF contributions, professional tax, and income tax under the new regime, the standard simplified model most Indian salary calculators use.

Worked example

₹12,00,000 CTC, 40% basic salary

Result: Estimated in-hand salary ≈ ₹84,990/month

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About this calculator

Frequently asked questions

Why does my actual payslip differ from this estimate?

Why is income tax calculated under the new regime?

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