Salary Calculator: CTC to In-Hand (FY 2026-27)
Enter your CTC to see your monthly take-home pay after PF, professional tax and income tax, under both the new and the old tax regime. A ₹5 lakh CTC works out to about ₹37,467 a month in hand under the new regime.
Monthly in-hand salary
—
| Per year | New regime | Old regime |
|---|---|---|
| CTC | ||
| Employer PF and gratuity | ||
| Gross salary | ||
| Your PF | ||
| Professional tax | ||
| Taxable income | ||
| Income tax with cess | ||
| In hand a year | ||
| In hand a month |
An estimate for FY 2026-27 for a salaried person under 60. Your payslip depends on how your employer splits the CTC (allowances, bonus, insurance) and on your other income.
In-hand salary for common CTCs (FY 2026-27)
Basic pay 40% of CTC, PF of 12% of basic from you and your employer (inside the CTC), ₹2,400 professional tax, no other deductions.
| CTC | In hand a month (new) | In hand a month (old) | Income tax a year (new) |
|---|---|---|---|
| ₹3 lakh | ₹22,400 | ₹22,400 | ₹0 |
| ₹4 lakh | ₹29,933 | ₹29,933 | ₹0 |
| ₹5 lakh | ₹37,467 | ₹37,467 | ₹0 |
| ₹6 lakh | ₹45,000 | ₹45,000 | ₹0 |
| ₹7 lakh | ₹52,533 | ₹50,056 | ₹0 |
| ₹8 lakh | ₹60,067 | ₹56,023 | ₹0 |
| ₹10 lakh | ₹75,133 | ₹67,956 | ₹0 |
| ₹12 lakh | ₹90,200 | ₹79,608 | ₹0 |
| ₹15 lakh | ₹1,05,611 | ₹95,156 | ₹86,268 |
| ₹18 lakh | ₹1,24,331 | ₹1,10,705 | ₹1,32,829 |
| ₹20 lakh | ₹1,36,097 | ₹1,21,071 | ₹1,72,432 |
| ₹25 lakh | ₹1,64,192 | ₹1,46,986 | ₹2,87,300 |
| ₹30 lakh | ₹1,89,894 | ₹1,72,900 | ₹4,30,872 |
How the calculation works
- Gross salary = CTC minus the employer's PF and gratuity, if your CTC includes them.
- Your PF (12% of basic, or of ₹15,000 a month if capped) and professional tax come out of gross salary.
- Taxable income = gross salary minus the standard deduction (₹75,000 new, ₹50,000 old). The old regime also deducts professional tax, 80C (with your PF) and other deductions.
- Income tax follows the slabs, less the Section 87A rebate, plus surcharge above ₹50 lakh and 4% health and education cess.
| Up to ₹4 lakh | 0% |
|---|---|
| ₹4 lakh–₹8 lakh | 5% |
| ₹8 lakh–₹12 lakh | 10% |
| ₹12 lakh–₹16 lakh | 15% |
| ₹16 lakh–₹20 lakh | 20% |
| ₹20 lakh–₹24 lakh | 25% |
| Above ₹24 lakh | 30% |
| Up to ₹2.5 lakh | 0% |
|---|---|
| ₹2.5 lakh–₹5 lakh | 5% |
| ₹5 lakh–₹10 lakh | 20% |
| Above ₹10 lakh | 30% |
Frequently Asked Questions
What is the in-hand salary for a ₹5 lakh CTC?
About ₹37,467 a month under the new tax regime for FY 2026-27, assuming basic pay is 40% of CTC, PF of 12% of basic from you and your employer, and ₹2,400 a year of professional tax. No income tax is due at this salary.
What is the in-hand salary for a ₹10 lakh CTC?
About ₹75,133 a month under the new regime and ₹67,956 under the old regime without other deductions, on the same assumptions.
Is a salary of ₹12 lakh tax-free in FY 2026-27?
Under the new regime, taxable income up to ₹12 lakh pays no income tax because of the Section 87A rebate. With the ₹75,000 standard deduction for salaried people, a gross salary of up to ₹12.75 lakh pays no income tax. Just above that limit, marginal relief caps the tax at the income over ₹12 lakh.
What is the difference between CTC and in-hand salary?
CTC (cost to company) is everything your employer spends on you in a year, including its own PF contribution and sometimes gratuity. In-hand salary is what reaches your bank account after your PF contribution, professional tax and income tax are deducted.
Should I choose the new or the old tax regime?
The new regime has lower slab rates and a ₹75,000 standard deduction but allows almost no other deductions. The old regime has higher rates but lets you deduct 80C investments (up to ₹1,50,000 including your PF), health insurance, HRA and home-loan interest. Enter your deductions in the calculator to see which leaves you more each month.