Convert your CTC (Cost to Company) into monthly in-hand take-home pay. Computes EPF, gratuity, HRA, professional tax, and income tax deductions under old + new tax regime side-by-side.
Reviewed by the CalculatorKosh Editorial TeamUpdated June 2026Free · No sign-up
Take-Home Salary Calculator
Convert your CTC (Cost to Company) into monthly in-hand take-home pay. Computes EPF, gratuity, HRA, professional tax, and income tax deductions under old + new tax regime side-by-side.
Salary Details
(12.0 Lakh)
= ₹4,80,000/yr
= ₹2,40,000/yr
Used for HRA exemption (Old regime only)
Drag sliders to explore different scenarios
What-If Monthly Take-Home
₹88,276
Monthly Take-Home Pay
(₹10,59,312)
Monthly take-home pay: ₹88,276Annual: ₹10,59,312After all deductions
| Component | Monthly | Annual |
|---|---|---|
| Basic Salary | ₹40,000 | ₹4,80,000 |
| HRA | ₹20,000 | ₹2,40,000 |
| Special Allowance | ₹33,276 | ₹3,99,312 |
| Gross Salary | ₹93,276 | ₹11,19,312 |
| Less: Employee EPF | ₹4,800 | ₹57,600 |
| Less: Professional Tax | ₹200 | ₹2,400 |
| Less: Income Tax | ₹0 | ₹0 |
| Take-Home | ₹88,276 | ₹10,59,312 |
| Employer EPF (₹57,600) and Gratuity (₹23,088) are part of CTC but go to separate accounts. | ||
Drag sliders to explore different scenarios
What-If Monthly Take-Home
₹88,276
How It Works
The advertised CTC (Cost to Company) is not the same as what reaches your bank account each month. CTC bundles employer contributions and statutory benefits that are paid into separate accounts, plus deductions for income tax and provident fund that come out of your monthly pay slip.
How CTC splits into components
A typical CTC structure: Basic salary (30–60% of CTC), House Rent Allowance (40–50% of basic), Special Allowance (the residual), Employer EPF contribution (12% of basic), and Gratuity provision (4.81% of basic). The employer EPF and gratuity are part of CTC but are paid into separate accounts, not your monthly salary.
From gross to in-hand
Each month, your in-hand-eligible gross (Basic + HRA + Special) is reduced by Employee EPF (12% of basic), Professional Tax (state-imposed, capped at ₹2,400/year in most states), and Income Tax. The result is your monthly take-home pay.
Old vs New tax regime
The New regime has wider slabs, a higher ₹75,000 standard deduction, and a full 87A rebate up to ₹12 lakh taxable income — but does not allow HRA exemption or Section 80C deductions. The Old regime allows HRA exemption (least-of-three formula) and 80C investments up to ₹1.5 lakh, but uses narrower slabs and a smaller ₹50,000 standard deduction.
Frequently Asked Questions
CTC (Cost to Company) is the total annual cost an employer incurs to employ you — it includes your salary plus employer-funded benefits (EPF contribution, gratuity provision, insurance, etc.) that never reach your bank account.
Gross salary is the in-hand-eligible portion: Basic + HRA + Special Allowance + any other monthly allowances — before any deductions.
In-hand (take-home) salary is what actually lands in your bank account each month after Employee EPF, Professional Tax, and Income Tax are deducted from gross.
Part of Income Tax Calculators (FY 2026-27) — compare every related calculator in one place.