Got a job offer? Don't just trust the CTC number.
Paste or upload your offer letter — we'll show your real monthly in-hand and flag any clauses worth a second look.
Choosing between two offers? Compare them side-by-side →
Know your CTC? Calculate take-home directly
Old vs new tax regime, FY 2026-27 slabs. Share the result with your exact numbers.
For HRA, “metro” means Delhi, Mumbai, Kolkata, or Chennai (50% of basic). Bengaluru, Hyderabad, Pune & others are 40%.
new regime
Recommendedold regime
How your CTC is split
Employer PF and gratuity are part of CTC but not paid as monthly cash.
Useful? Share your breakdown — the link reopens with these exact numbers.
How take-home salary is calculated in India
Your cost-to-company (CTC) is not what lands in your bank account. From it, employers carve out retirals like employer Provident Fund (PF) and gratuity, which are part of CTC but not paid as monthly cash. Your taxable salary is then reduced by the standard deduction (₹75,000 in the new regime) and, in the old regime, by exemptions such as HRA and deductions under 80C, 80D, and home-loan interest. Income tax, a 4% cess, employee PF, and state professional tax are deducted to arrive at your monthly in-hand figure.
The right tax regime depends on your deductions. With few investments, the new regime usually wins; with high HRA, 80C, and home-loan interest, the old regime can come out ahead. This calculator computes both and tells you which is better. See the full methodology.
Frequently asked questions
- What is CTC (cost-to-company)?
- CTC is the total annual amount a company spends on you. It includes your salary plus components you never receive as monthly cash — like employer Provident Fund and gratuity — so your real in-hand pay is always lower than your CTC.
- How is take-home salary calculated in India?
- Start from CTC, remove employer PF and gratuity, subtract the standard deduction and any old-regime exemptions (HRA, 80C, 80D, home-loan interest, NPS) to get taxable income, then deduct income tax, 4% cess, employee PF, and state professional tax. What remains is your monthly in-hand.
- Which is better — the old or new tax regime?
- It depends on your deductions. With few investments the new regime usually wins thanks to its higher ₹75,000 standard deduction and wider slabs. With significant HRA, 80C, and home-loan interest the old regime can come out ahead. This calculator computes both for FY 2026-27 and tells you which gives more in-hand.
- Is this calculator accurate?
- It uses the FY 2026-27 slabs, rebate, surcharge with marginal relief, cess, PF, and state professional tax as per the Finance Act 2025 (retained unchanged by Finance Act 2026). Every formula is documented on the methodology page. It's an estimate — your exact payslip depends on your employer's structure.
- Can I switch between tax regimes?
- Salaried individuals without business income can choose their regime each financial year when filing returns. The new regime is the default; you can opt for the old regime if it gives you a higher take-home.
Before you sign: read the guides
Is a 90-Day Notice Period Normal in India?
Common at senior levels, negotiable more often than candidates think.
What Is a Clawback Clause in an Offer Letter?
Money already in your account that you might have to pay back.
Variable Pay Above 25% of CTC — Red Flag or Normal?
The number on the offer letter isn't the number in your bank account.
Employment Bond in Offer Letters — Can You Refuse to Sign?
A minimum-tenure commitment, usually with a financial penalty attached.
Non-Compete Clause in India — Is It Even Enforceable?
Mostly unenforceable after you leave — but the details matter.
What Does 'CTC' Actually Mean? Why Your Take-Home Is Always Lower
The number on your offer letter and the number in your bank account are never the same.