Take-Home Salary Calculator
Estimate annual and monthly in-hand salary after PF, professional tax and income tax.
In-hand salary
Take-home salary is what lands in your bank after employee PF, professional tax, and estimated income tax. Use this calculator for quick CTC-to-in-hand planning before choosing tax regime, accepting an offer, or submitting payroll declarations.
What is this calculator?
A take-home salary calculator estimates annual and monthly net pay from gross CTC using salary assumptions such as basic salary share, employee PF, standard deduction, professional tax, and slab tax. It is a planning tool, not a replacement for employer payroll.
Formula
Net salary = Gross salary - Employee PF - Professional tax - Estimated income tax. Taxable salary usually starts with gross salary, then reduces eligible deductions such as standard deduction and any old-regime deductions entered separately. Monthly take-home = annual net salary / 12.
Example
Another example
Assumptions and disclaimers
Updated context: FY 2026-27
- •Standard deduction is applied as per salaried-tax planning for FY 2026-27.
- •PF is estimated from the basic salary percentage and employee contribution rate entered by the user.
- •Professional tax varies by state and may not apply everywhere.
- •Employer-specific benefits, variable pay, reimbursements, insurance, and gratuity are not fully modeled.
- •Verify final payroll with salary annexure, Form 16, and employer HR/payroll team.
In practice (India)
Use this calculator with the income tax and HRA calculators when comparing old vs new regime. If you have rent proof, 80C investments, NPS, medical insurance, or home-loan interest, the old regime can change the final in-hand outcome. If you do not have deductions, the new regime is often simpler for payroll.
The estimate intentionally stays transparent: it shows deductions separately instead of hiding everything inside one final number. That makes it easier to question payroll assumptions and reconcile with Form 16 later.
Benefits
- ✓Estimate realistic monthly in-hand salary before accepting an offer.
- ✓Compare new vs old regime planning with linked tax calculators.
- ✓Understand how PF and tax reduce CTC-to-cash conversion.
- ✓Plan monthly budgets using conservative salary assumptions.
Related calculators and guides
Frequently Asked Questions
- Is take-home same as CTC?
- No. CTC includes employer costs and benefits; take-home is after employee deductions and tax.
- Does this include HRA exemption?
- Add HRA benefit separately using our HRA calculator in old regime planning.
- Why is my company payslip different from this result?
- Payroll can include employer-specific components such as variable pay, insurance, meal cards, reimbursements, arrears, LOP, or bonus. Use this as a planning estimate and reconcile with the official payslip.
- Should I use gross salary or CTC?
- Use the closest fixed annual gross salary if available. If you only know CTC, exclude variable pay and employer-only benefits for a cleaner in-hand estimate.
- Does professional tax apply in every state?
- No. Professional tax is state-specific and has different slabs. Keep it zero if it does not apply to your employment state.
For official salary, tax, and TDS decisions, verify with employer payroll, Form 16, and current income-tax rules.
How we calculate
Estimates use the formula shown above. Rules and rates are checked against official India sources where applicable (Income Tax Act, RBI/NSC circulars, GST law). Last reviewed for FY 2026-27.
- Standard deduction is applied as per salaried-tax planning for FY 2026-27.
- PF is estimated from the basic salary percentage and employee contribution rate entered by the user.
- Professional tax varies by state and may not apply everywhere.
- Employer-specific benefits, variable pay, reimbursements, insurance, and gratuity are not fully modeled.