Salary Calculator: Convert CTC to In-Hand (FY 2026-27)

Enter your CTC to find your monthly in-hand pay after deductions for PF, professional tax, and income tax, using both the new and the old tax regimes. A ₹5 lakh CTC results in about ₹37,467 a month in hand under the new regime.

Usually 40–50%.

₹2,400–2,500 in most states; 0 in some.

Old regime deductions (optional)

80C is capped at ₹1,50,000 including your PF. These lower tax only under the old regime.

Monthly in-hand salary

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Salary breakdown for one year
Per yearNew regimeOld 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 typical CTCs (FY 2026-27)

Basic pay is 40% of CTC, with a 12% PF from both you and your employer (within the CTC), and ₹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 is done

  1. Gross salary = CTC minus the employer's PF and gratuity, if they are part of your CTC.
  2. Your PF (12% of basic, or ₹15,000 a month if capped) and professional tax are deducted from the gross salary.
  3. Taxable income = gross salary less the standard deduction (₹75,000 new, ₹50,000 old). The old regime also subtracts professional tax, 80C (including your PF), and other deductions.
  4. Income tax is calculated based on slabs, minus the Section 87A rebate, plus a surcharge over ₹50 lakh, and a 4% health and education cess.
New regime slabs
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%
Old regime slabs
Up to ₹2.5 lakh 0%
₹2.5 lakh–₹5 lakh 5%
₹5 lakh–₹10 lakh 20%
Above ₹10 lakh 30%

When to Use the Salary Calculator

Use the Salary Calculator before interviews to understand potential take-home pay. This helps you gauge if a job offer aligns with your financial expectations. Knowing what you will actually receive each month allows you to focus on roles that fit your needs.

It's also handy when you receive an offer. Before accepting, quickly check how the proposed CTC translates to in-hand salary. This insight is crucial before making the big decision to move or resign. Combined with searching and applying on InnHirers, this tool helps streamline your job change process.

Frequently Asked Questions

What's the in-hand salary for a ₹5 lakh CTC?
Around ₹37,467 a month for FY 2026-27 with the new tax regime. Assumes basic pay is 40% of CTC, PF of 12% from you and your employer, and ₹2,400 yearly professional tax. No income tax applies at this salary.
What's the in-hand salary for a ₹10 lakh CTC?
Around ₹75,133 monthly with the new regime and ₹67,956 with the old, with the same basics and no other cuts.
Is a ₹12 lakh salary tax-free in FY 2026-27?
With the new regime, income up to ₹12 lakh is tax-free due to the Section 87A rebate. The ₹75,000 standard deduction means salaries up to ₹12.75 lakh owe no tax. Just over that, marginal relief caps the tax at the income beyond ₹12 lakh.
How does CTC differ from in-hand salary?
CTC (cost to company) covers all your employer's spending on you annually, including its PF part and sometimes gratuity. In-hand salary is what you get after PF, professional tax, and income tax are cut out.
Which tax regime should I choose, new or old?
The new regime has lower rates and a ₹75,000 deduction but few other deductions. The old regime has higher rates but allows 80C deductions (up to ₹1,50,000 including PF), health insurance, HRA, and home-loan interest. Use the calculator with your deductions to see which gives you more monthly.

In-hand salary by CTC

A page for each CTC with the full breakdown, the payslip, other salary structures and the old-versus-new regime answer.

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