CTC to Monthly In-Hand Salary Calculator India 2026
Decode your offer letter and find out exactly how much money will hit your bank account each month after statutory deductions.
India Take-Home Salary Calculator: CTC to Monthly In-Hand Pay
Convert your Cost to Company (CTC) into exact monthly take-home salary credited to your bank account: New Tax Regime slabs (0% to 30%), ₹75,000 standard deduction, Section 87A rebate, 12% Employee EPF, and 4% Cess.
Concrete Example: ₹12 Lakhs Annual CTC
For an annual package of ₹12,00,000 (12 Lakhs CTC) with 50% Basic:
• Standard Deduction: -₹75,000 (Net Taxable Income: ₹11,25,000)
• Section 115BAC Slabs: ₹20,000 (3L-7L @ 5%) + ₹30,000 (7L-10L @ 10%) + ₹18,750 (10L-11.25L @ 15%) = ₹68,750
• Health & Education Cess (4%): ₹2,750 (Total Annual Tax: ₹71,500)
• Employee EPF (12% on ₹6,00,000 Basic): ₹72,000/year (₹6,000/month)
• Professional Tax: ₹2,400/year
• Net In-Hand Pay: ₹87,842/month (₹10,54,100/year deposited to bank).
Calculation Methodology
Section 115BAC New Tax Regime parameters, standard deduction of ₹75,000, EPF 12% on Basic+DA, and state professional tax.
Itemizes basic salary, allowances, provident fund contributions, income tax withholding, and final monthly net salary.