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Salary calculator: CTC to in-hand
Your offer letter shows CTC. Your bank account sees something smaller. Here is the gap, line by line.
From CTC to take-home
CTC includes money you never receive monthly: the employer’s PF contribution and gratuity. From what remains, your own PF, professional tax and income tax are deducted. On a ₹12 lakh CTC with basic at half, PF on the ₹15,000 ceiling and gratuity included, monthly take-home under the new regime is about ₹93,800. Income tax is nil because taxable income stays under the ₹12 lakh rebate limit after the ₹75,000 standard deduction.
New regime slabs for FY 2026-27
| Income | Rate |
|---|---|
| Up to ₹4 lakh | Nil |
| ₹4–8 lakh | 5% |
| ₹8–12 lakh | 10% |
| ₹12–16 lakh | 15% |
| ₹16–20 lakh | 20% |
| ₹20–24 lakh | 25% |
| Above ₹24 lakh | 30% |
A rebate makes tax nil up to ₹12 lakh of taxable income, with marginal relief just above it. A 4% cess applies on tax. For a full comparison with the old regime, use the income tax calculator.
Why is my PF deduction only ₹1,800?
Many employers calculate PF on the statutory wage ceiling of ₹15,000 a month: 12% of ₹15,000 is ₹1,800. Others deduct 12% of full basic, which lowers take-home but builds a bigger EPF corpus.
Is professional tax the same everywhere?
No. It is a state tax, up to ₹2,500 a year, and some states do not levy it. Set it to zero if yours does not.