CTC to In-Hand Salary Calculator

From CTC to your bank account, step by step:

1. Gross salary = CTC − employer PF (12% of basic, capped at ₹21,600/yr) − gratuity (4.81% of basic)
2. HRA exempt = least of: HRA received · rent paid − 10% of basic · 50% of basic (metro) or 40% (non-metro)
3. Income tax on (gross − HRA exempt) under new-regime FY 2025-26 slabs

Monthly in-hand = (Gross − income tax − employee PF − ₹2,500 professional tax) ÷ 12

CTC ₹12,00,000, basic ₹4,80,000, HRA ₹2,40,000, rent ₹2,40,000/yr, metro city:

• Employer PF = ₹21,600 (capped) · gratuity = ₹23,088 → gross = ₹11,55,312
• HRA exempt = min(2,40,000 · 2,40,000 − 48,000 · 2,40,000) = ₹1,92,000
• Taxable income = ₹8,88,312 → under ₹12 lakh, so 87A rebate makes tax ₹0
• Monthly in-hand = (11,55,312 − 0 − 21,600 − 2,500) ÷ 12 = ₹94,268

Monthly in-hand is the estimate of what actually lands in your account — CTC ÷ 12 would have suggested ₹1,00,000, so the gap is real. Annual income tax uses the new regime; HRA exempt shows how much of your HRA escapes tax thanks to rent paid. Gross salary is your CTC minus the employer-side costs.

Variable pay, LTA, meal allowances and state-specific professional tax can all shift the real number — use this to sanity-check an offer letter, not as a payslip.