In-Hand Salary Calculator (India)
Find out your exact Monthly Take-Home Pay. Just enter your Annual CTC to see an automatic breakdown of your EPF and TDS (New Regime) deductions.
Estimated In-Hand Salary
Automatically applied: New Tax Regime (2024-25) & Standard Deduction.
Monthly Gross Salary
Monthly Income Tax
Monthly PF Deduction
Why Trust Our Calculator? (How We Stand Out)
The internet is flooded with salary calculators, but many of them provide misleading numbers or use outdated tax slabs. Here is why our tool is the most reliable choice for you:
- 100% Up-to-Date: We strictly use the latest FY 2024-25 New Tax Regime slabs, including the exact Section 87A rebate logic and the ₹50,000 standard deduction.
- No Hidden Math: Many calculators confuse users by mixing Employer PF and Employee PF. We separate these clearly: Employer PF is deducted from CTC to get your Gross, and Employee PF is deducted from Gross to get your Net Take-Home.
- Privacy First: We don't ask for your email, phone number, or company name. All calculations happen instantly on your browser. Your financial data is completely secure and private.
- Zero Clutter: No confusing settings or overwhelming financial jargon. Just enter your CTC, and our algorithm applies the standard 50% basic and ₹200 PT automatically to give you the most practical estimate.
CTC vs. In-Hand Salary: What's the Difference?
When you receive a job offer, the biggest confusion is often the difference between CTC (Cost to Company) and In-Hand (Take-home) salary. CTC is the total amount the company spends on you throughout the year. It includes your Basic Pay, HRA, Allowances, as well as the company's contribution to your PF (Provident Fund).
However, In-Hand Salary is the actual amount credited to your bank account every month after mandatory deductions like TDS (Income Tax), Employee PF, and Professional Tax. This is why directly dividing your CTC by 12 gives you an incorrect estimate of your monthly pay.
How is Your In-Hand Salary Calculated?
Our calculator operates on standard Indian corporate payroll structures and performs automatic calculations based on the Latest New Tax Regime:
- Gross Salary: This is derived by deducting the Employer's PF contribution from your CTC.
- EPF (Provident Fund): EPF is always 12% of your Basic Salary (we assume a standard 50% Basic). This amount is deducted from your in-hand salary and goes into your PF account, ensuring a secure future.
- Professional Tax (PT): A state-level tax that typically deducts around ₹200/month (₹2,400 per year).
- Income Tax (TDS): Every employee must pay tax on their salary. This calculator directly applies the New Tax Regime (FY 2024-25) slabs to your Taxable Income.
New Tax Regime Slabs (FY 2024-25)
The New Tax Regime is now the default regime. You do not need to show separate investment proofs (like 80C, HRA), and the tax slabs are significantly lower. Best of all, a Standard Deduction of ₹50,000 is applied by default for every salaried employee.
- Upto ₹3 Lakhs: Nil
- ₹3L to ₹6L: 5%
- ₹6L to ₹9L: 10%
- ₹9L to ₹12L: 15%
- ₹12L to ₹15L: 20%
- Above ₹15L: 30%
Tax Rebate Alert (Section 87A): If your taxable income is up to ₹7 Lakhs, you receive a full tax rebate, making your final Income Tax ZERO!