Salary

Salary Calculator India 2026

CTC to in-hand salary — Basic, HRA, PF, TDS, Professional Tax breakdown with new & old regime

Salary Details

₹2L₹12.00 L / year₹1 Cr

Metro: Delhi, Mumbai, Chennai, Kolkata, Bangalore, Hyderabad

Net Take-Home

₹66,512

per month

Gross Salary

₹70,000

per month

Total Deductions

₹3,488

per month

💰 Salary Breakdown

📋 Detailed Salary Slip

ComponentMonthly
(+) Basic Salary₹40,000
(+) HRA₹20,000
(+) LTA₹4,000
(+) Medical Allowance₹1,250
(+) Special Allowance₹4,750
Gross Salary₹70,000
(-) Employee PF (12%)-₹1,800
(-) Professional Tax-₹200
(-) TDS (Income Tax)-₹1,488
Net Take-Home₹66,512

📊 Earnings Components

🧾 Tax Summary

Gross Salary (annual)₹8.40 L
Taxable Income₹7.43 L
Annual Income Tax₹17,857
Monthly TDS₹1,488

Tax Regime: New (FY 2025-26)

✅ Zero tax — income below ₹12L rebate limit (Budget 2025)

Effective tax rate: 2.1%

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📖 Learn More About Salary Calculator India 2026

Salary Calculator India 2026 — CTC to Take-Home

This India salary calculator converts your CTC (Cost to Company) to net in-hand salary with a detailed breakdown of all components. Works for FY 2025-26 with new tax regime (Budget 2025 slabs).

Typical Salary Structure in India

Basic: 40-50% | HRA: 40-50% of Basic | LTA: ~4% | Medical: ₹15,000/yr | Special Allowance: balance. Deductions: Employee PF + Prof Tax + TDS. Employer adds: Employer PF + Gratuity provision.

New Tax Regime 2025-26 — No Tax Till ₹12 Lakh

Budget 2025 expanded the rebate: zero tax for income up to ₹12L (was ₹7L). New slabs: 0-4L: 0%, 4-8L: 5%, 8-12L: 10%, 12-16L: 15%, 16-20L: 20%, 20-24L: 25%, above 24L: 30%.

Frequently Asked Questions

What is CTC and how is it different from take-home?

CTC (Cost to Company) includes employer PF, gratuity, and all benefits. Take-home is after deducting employee PF, professional tax, and TDS. A ₹12L CTC typically gives ₹70,000-80,000 monthly take-home.

What percentage of salary is Basic?

Typically Basic is 40-50% of CTC. A higher basic means higher PF (good for retirement), higher HRA exemption, and higher gratuity. However, it also means higher TDS.

How is HRA exemption calculated?

HRA exemption = lowest of: (1) Actual HRA received, (2) 50% of basic for metro/40% for non-metro, (3) Actual rent paid minus 10% of basic. Provide rent receipts to HR to claim full benefit.

Old vs New Tax Regime — which is better?

New regime (default) has lower rates and ₹7L rebate but fewer deductions. Old regime allows 80C, HRA, LTA, home loan etc. If deductions > ₹3.75L, old regime saves more. Calculator shows you both!

What is Professional Tax?

PT is a state-level tax on salaried employees. Karnataka, Maharashtra, WB, AP, Telangana charge ₹200/month. Tamil Nadu charges ₹208/month. Many states like Delhi, UP, Rajasthan don't have PT.

Is Employer PF part of CTC?

Yes, employer PF (12% of basic, capped at ₹1,800/mo) is part of CTC. It's deposited into your EPFO account. Your employee contribution is also 12% of basic. Total PF = 24% of basic.