Indian In-Hand Salary & Take-Home Calculator
Calculate exact monthly take-home cash from your Annual CTC with precise statutory deductions: EPF (12%), Gratuity (4.81% annual accrual), Professional Tax, and revised New vs Old Tax regime comparison with the ₹75,000 Standard Deduction.
⚙️ Salary Input Details
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₹93,277
₹83,367 / mo
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📊 Official Income Tax Slabs Comparison (Section 115BAC)
Under the revised New Tax Regime, salaried employees receive an increased Standard Deduction of ₹75,000 (Section 16(ia)). Combined with the Section 87A rebate, anyone with a gross salary up to ₹7.75 LPA pays zero income tax.
| Taxable Income Range | New Tax Regime Slabs | Old Tax Regime Slabs |
|---|---|---|
| ₹0 to ₹3,00,000 | Nil (0%) | Nil (Up to ₹2.5L) |
| ₹3,00,001 to ₹7,00,000 | 5% (Full Rebate under 87A) | 5% (₹2.5L – ₹5L) |
| ₹7,00,001 to ₹10,00,000 | 10% | 20% (₹5L – ₹10L) |
| ₹10,00,001 to ₹12,00,000 | 15% | 30% (Above ₹10L) |
| ₹12,00,001 to ₹15,00,000 | 20% | 30% |
| Above ₹15,00,000 | 30% | 30% |
❓ Frequently Asked Questions: Salary & Tax Slabs
What is the difference between CTC and In-Hand Salary?
Cost to Company (CTC) represents the total annual financial expense an employer incurs for an employee, including retiral benefits such as Employer EPF contribution (12% of basic) and Gratuity accrual (4.81% of basic). In-hand or take-home salary is the actual net cash transferred to your bank account every month after deducting Employee EPF, Professional Tax, and Income Tax (TDS).
Why is gross salary up to ₹7.75 Lakhs completely tax-free under New Tax Regime?
Under the revised Section 115BAC New Tax Regime, salaried individuals receive an increased flat Standard Deduction of ₹75,000 under Section 16(ia). Subtracting ₹75,000 from a gross annual salary of ₹7,75,000 reduces your taxable income to exactly ₹7,00,000. Under Section 87A, taxable income up to ₹7,00,000 receives a 100% tax rebate (up to ₹25,000), resulting in zero net income tax liability.
Is Gratuity deducted from my monthly salary?
No, Gratuity is not a monthly salary deduction from your gross pay. It is an employer component included within your overall CTC structure, calculated as (Basic / 12) × (15 / 26), roughly 4.81% of your basic pay. It is only disbursed to you when you complete at least 5 continuous years of service with the organization.
How does EPF contribution impact my in-hand salary?
By default, 12% of your monthly Basic Salary is deposited into your Employee Provident Fund (EPF) account as Employee Contribution, which is matched by an equal 12% Employer Contribution. If your employer offers a capped EPF scheme, the contribution is restricted to 12% of ₹15,000 (₹1,800/mo), thereby increasing your immediate monthly take-home cash.