Calculate your exact monthly & annual take-home salary after PF, professional tax, and income tax deductions - using FY 2026-27 (AY 2027-28) tax slabs. No sign-up. No data stored.
✓ FY 2026-27 Updated✓ Old & New Regime✓ 100% Private✓ Instant Results
💰
In-Hand Salary Calculator 2026
Take-home salary using FY 2026-27 tax slabs - zero tax up to ₹12.75L for salaried.
Monthly In-Hand
₹0
Annual: ₹0
Gross Monthly
₹0
Total Deductions
₹0
Tax (Monthly)
₹0
📊 Salary Breakdown
Component
Monthly (₹)
Annual (₹)
Gross Salary
₹0
₹0
Employee PF
₹0
₹0
Professional Tax
₹0
₹0
Income Tax (Est.)
₹0
₹0
Total Deductions
₹0
₹0
🏢 Employer Contribution (not credited to your bank)
Component
Annual (₹)
Employer PF
₹0
— How It Works —
How This Calculator Works
Enter your CTC once - get a complete salary breakdown in seconds.
1
Enter Your CTC
Type your annual Cost to Company - the total package mentioned in your offer letter or increment letter.
2
Set Preferences
Choose your state for professional tax, basic salary %, PF contributions, and preferred tax regime.
3
Get Full Breakdown
Instantly see gross salary, all deductions (PF, PT, tax), and your exact monthly in-hand pay.
4
Compare Regimes
Switch between Old and New tax regimes and get a smart recommendation on which saves you more.
What Is In-Hand Salary?
In-hand salary is the actual amount of money an employee receives in their bank account after all deductions are applied. While job offers and pay slips often mention gross salary or Cost to Company (CTC), the in-hand salary is what matters for monthly expenses and financial planning.
Deductions that typically reduce gross salary include employee provident fund (PF) contributions, income tax deducted at source (TDS), professional tax, and other statutory deductions. Because of these deductions, the in-hand salary is always lower than the gross salary or CTC mentioned in an offer letter.
Difference Between CTC, Gross Salary, and In-Hand Salary
🏢
CTC
Total employer cost - includes employer PF, insurance, gratuity, and all benefits. Highest number, never reaches your bank.
📊
Gross Salary
CTC minus employer-side costs. Still before employee-side deductions like PF and taxes.
💳
In-Hand Salary
What actually lands in your bank account. Gross salary minus PF, professional tax, and income tax.
Old vs New Tax Regime - FY 2026-27 Overview
🆕 New Regime (Default)
Zero tax up to ₹12 lakh (87A rebate)
Standard deduction of ₹75,000 (effective tax-free up to ₹12.75L for salaried)
Employer PF is capped at 12% of ₹15,000 (₹1,800/month) regardless of your actual basic salary, per statutory limits.
📍
PT Varies by State - Max ₹2,500/year
Professional Tax is charged by only ~12 Indian states. The maximum allowed by law is ₹2,500/year - unchanged in FY 2026-27.
⚖️
Old Regime Slabs Unchanged Since FY 2024-25
Budget 2026 made no changes to Old Regime slabs. It remains: 0–2.5L (0%), 2.5–5L (5%), 5–10L (20%), above 10L (30%).
⚠️
Employer PF Never Reaches Your Bank
Employer PF is part of your CTC but goes directly to your EPF account - not your monthly in-hand salary.
FAQ
Frequently Asked Questions
In-hand salary (also called take-home pay or net salary) is the amount you actually receive in your bank account after all statutory deductions - including Employee PF, professional tax, income tax (TDS), and any other applicable deductions - are subtracted from your gross salary.
The New Regime slabs for FY 2026-27 (AY 2027-28) are: ₹0–4L at 0%, ₹4–8L at 5%, ₹8–12L at 10%, ₹12–16L at 15%, ₹16–20L at 20%, ₹20–24L at 25%, and above ₹24L at 30%. The 87A rebate means zero tax liability for income up to ₹12 lakh. For salaried employees, the ₹75,000 standard deduction makes the effective tax-free limit ₹12.75 lakh. Budget 2026 made no changes to these slabs - they continue unchanged from FY 2025-26.
Income tax is assessed annually but deducted monthly from your salary as TDS (Tax Deducted at Source). Your employer estimates your total annual tax liability at the start of the financial year and divides it into 12 equal monthly installments, deducting it each month from your salary.
Yes. In-hand salary can change when: (1) your CTC changes via increment or promotion, (2) the government revises tax slabs in the Union Budget, (3) PF contribution rules change, or (4) you switch tax regimes. This calculator is updated for FY 2026-27 reflecting the latest applicable tax rules.
CTC (Cost to Company) is the total amount your employer spends on you annually, including employer-side costs like Employer PF, ESIC, gratuity provision, and insurance. Your in-hand salary is always significantly lower than CTC because these employer costs plus your own deductions (Employee PF, income tax, professional tax) are all subtracted.
For most salaried employees, the New Regime is now more beneficial in FY 2026-27 thanks to the zero-tax limit up to ₹12.75 lakh and lower slab rates. However, the Old Regime can still be better if you claim significant HRA exemption, invest heavily in 80C instruments (ELSS, PPF, insurance), or have a home loan interest deduction. Use this calculator - switch between regimes to instantly see your tax savings under each.
Yes. This calculator uses FY 2026-27 (AY 2027-28) tax slabs - standard deduction of ₹75,000 under New Regime and ₹50,000 under Old Regime, Section 87A rebate up to ₹12 lakh (New) and ₹5 lakh (Old), and 4% Health & Education Cess. Since Budget 2026 made no changes to personal income tax slabs, these are the same slabs as FY 2025-26.
Completely. All calculations run entirely in your browser using JavaScript. No data is transmitted to any server, stored in any database, or shared with any third party. Close the browser tab and all inputs are gone. We don't even use cookies for the calculator.
Professional Tax (PT) is a state-level tax levied on salaried individuals. Not all states charge it. Currently: Maharashtra charges ₹2,500/year (for monthly gross salary above ₹10,000), Karnataka charges ₹2,400/year (for monthly gross above ₹15,000), and Tamil Nadu charges ₹2,500/year. Select "None / Other" if your state does not charge PT.
Start Calculating
Enter your CTC above - all free, all private, updated for FY 2026-27.