Take-home salary calculator
Turn a scary CTC into what actually lands in your bank each month.
Quick answer
A take-home salary calculator converts CTC to monthly in-hand pay after PF, gratuity provision, professional tax, and income tax. CTC is not your salary — in-hand is typically 65–80% of CTC depending on structure.
Your monthly take-home
On a ₹12L CTC under the new tax regime, after PF, tax and professional tax.
- Annual in-hand
- ₹10,24,740
- Income tax
- ₹0
- Your EPF (savings)
- ₹72,000/yr
EPF leaves your salary but it's still your money — retirement savings, not a loss.
Rates & rules checked on 15 June 2026 · based on FY 2025-26 (AY 2026-27).
What this tells you
Your CTC is not your salary. This strips out the parts that never reach your bank — employer PF, gratuity provision, your own PF, and tax — to show the monthly figure that actually lands.
How it's calculated
We model Basic as 50% of CTC, remove the employer PF and gratuity provision (which sit inside CTC), compute new-regime tax on the gross, then subtract your PF and professional tax. Payslips vary by employer, so treat this as a close estimate.
Common questions
- Why is my take-home so much lower than my CTC?
- CTC includes employer contributions and provisions you never see monthly — PF, gratuity, sometimes insurance and variable pay. In-hand is typically 65–80% of CTC depending on structure and tax.
Jargon, explained
More tax tools
Sources
For general education, not personalised financial advice. Verify current rates and rules before acting — tax laws and interest rates change.