Jugaad ToolsCTC to in-hand salary calculator
Enter your CTC and see what lands in your bank each month, with every deduction explained.
Your take-home
Monthly in-hand
₹1,08,599
₹13,03,188 a year
| Gross salary | ₹1,18,995 |
|---|---|
| Employee PF (12%) | − ₹3,000 |
| Professional tax | − ₹208 |
| Income tax (TDS) | − ₹7,188 |
| In-hand | ₹1,08,599 |
| Basic | ₹7,50,000 |
|---|---|
| Employer PF | ₹36,000 |
| Gratuity provision, 4.81% | ₹36,058 |
| Gross salary | ₹14,27,942 |
| CTC | ₹15,00,000 |
| Salary income | ₹14,27,942 |
|---|---|
| Standard deduction | − ₹75,000 |
| Taxable income | ₹13,52,940 |
| ₹4,00,000–₹8,00,000 @ 5% | ₹20,000 |
| ₹8,00,000–₹12,00,000 @ 10% | ₹40,000 |
| ₹12,00,000–₹16,00,000 @ 15% | ₹22,941 |
| Health & education cess 4% | ₹3,318 |
| Total tax | ₹86,260 |
PF on the ₹25,000 wage ceiling. Professional tax is averaged over 12 months (₹2,500 a year). Bonus tax is deducted when the bonus is paid.
Leaving a job? Work out your gratuity →
Paying rent? Claim HRA →
Not tax advice. An estimate under the new tax regime and the Labour Codes as reported in Oct 2026; your payslip may differ. Check with your employer or a CA.
How your CTC splits
CTC is everything your employer spends on you in a year. Some of it never reaches your account each month: the employer's PF share, the gratuity provision (about 4.81% of basic) and any variable bonus. What's left is your gross salary. From gross, your employee PF, professional tax and income tax (TDS) come off, and the rest is in-hand.
PF basics
You and your employer each put 12% of basic + DA into the Employees' Provident Fund. Many employers cap this at the wage ceiling, which EPFO raised from ₹15,000 to ₹25,000 a month from 17 September 2026, so the capped employee share is at most ₹3,000. Others take 12% of the full basic. Of the employer's 12%, 8.33% (capped) goes to the pension scheme (EPS) and the rest to your PF.
What changed with the Labour Codes
The four Labour Codes came into force on 21 November 2025. "Wages" (basic, DA and retaining allowance) must now be at least 50% of total pay; if allowances like HRA and conveyance are more than half, the excess is added back to wages. PF and gratuity are worked out on that bigger number, so people with a low basic see more going to PF and slightly less in hand, for the same CTC.
New tax regime in short
Slabs for FY 2025-26 and FY 2026-27: nil up to ₹4 lakh, then 5%, 10%, 15%, 20% and 25% for each next ₹4 lakh, and 30% above ₹24 lakh. Salaried people get a ₹75,000 standard deduction and no tax if taxable income is up to ₹12 lakh, so up to ₹12.75 lakh of salary is tax-free. Add 4% cess, and surcharge above ₹50 lakh. Professional tax is not deductible in the new regime.
Is my data stored?
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