✨ Verified for FY 2025–26 & FY 2026–27 Budget Slabs (Sec 115BAC)
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
Live Real-Time Sync
₹
₹
New Regime (Default)
₹75K Std Deduction + Sec 87A
Old Regime
80C + 80D + HRA Deductions
Salary Component Breakdown
Monthly Split
Basic Salary (40% of Fixed CTC):
₹40,000
₹40,000
House Rent Allowance (HRA – 50% of Basic):
₹20,000
₹20,000
Special Allowance & Other Allowances:
₹33,277
₹33,277
Gross Monthly Earnings:
₹93,277
₹93,277
Mandatory Deductions:
Employee EPF (12% of Basic):
-₹4,800
-₹4,800
Income Tax TDS (Monthly):
-₹6,933
-₹6,933
Professional Tax (State):
-₹200
-₹200
Final Net In-Hand Salary:
₹81,344 / mo
₹81,344 / mo
📊 Official FY 2025–26 & FY 2026–27 Income Tax Slabs (Section 115BAC)
Under the Union Budget revised New Tax Regime (Section 115BAC of the Income Tax Act, 1961), salaried individuals receive an enhanced Standard Deduction of ₹75,000 (Section 16(ia)). Furthermore, under Section 87A, a 100% tax rebate is provided for taxable income up to ₹7,00,000, meaning salaried employees earning up to ₹7.75 LPA pay ₹0 Income Tax.
| Taxable Income Slab | New Regime Tax Rate | Old Regime Tax Rate |
|---|---|---|
| ₹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% |
💡 Why CTC ≠ Take-Home Pay in India:
Cost to Company (CTC) represents the total expenditure incurred by your employer. It incorporates both Direct Gross Cash and Retiral/Statutory Benefits (Employer PF contribution @ 12%, Gratuity fund accrual @ 4.81% of basic, and Group Medical Insurance). When you negotiate an offer, always focus on the Fixed Gross & In-Hand Take-Home rather than the inflated Gross CTC number.
Cost to Company (CTC) represents the total expenditure incurred by your employer. It incorporates both Direct Gross Cash and Retiral/Statutory Benefits (Employer PF contribution @ 12%, Gratuity fund accrual @ 4.81% of basic, and Group Medical Insurance). When you negotiate an offer, always focus on the Fixed Gross & In-Hand Take-Home rather than the inflated Gross CTC number.