Monthly In-Hand
₹1,00,000/month
Annual CTC
₹15,00,000
Annual Tax
₹3,00,000
Annual Take-Home
₹12,00,000
Salary In-Hand Calculator — New Tax Regime (FY 2025-26)
Under the new tax regime for FY 2025-26, incomes up to ₹12 lakh attract zero tax. For higher incomes, rates are 5% (₹4-8 lakh), 10% (₹8-12 lakh), 15% (₹12-16 lakh), 20% (₹16-20 lakh), and 30% above ₹24 lakh.
Gross Monthly
₹1,00,000
Monthly Tax (est.)
₹20,000
Net Take-Home
₹80,000
Annual Breakdown
This is an estimate using a flat 20% tax rate. Actual tax depends on your deductions (80C, HRA, etc.) and tax regime choice.
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What is the Salary Calculator?
In India, your CTC (Cost to Company) is not what you take home. Your in-hand salary after deductions is typically 60-80% of CTC depending on your basic pay structure and tax regime. This calculator breaks down every component: basic, HRA, special allowance, PF, professional tax, standard deduction, and income tax.
Formula
In-hand = CTC − Employer PF − Employee PF − Prof Tax − Income Tax- CTC
- = Total cost to company
- EPF
- = 12% of basic (capped at ₹15,000 basic by default)
- PT
- = Professional tax (₹2,500/year in most states)
- Tax
- = Income tax per new regime slabs
How to use the Salary Calculator
- 1
Enter your annual CTC
Total annual cost to company including all components — basic, allowances, bonuses, employer PF, gratuity.
- 2
Select tax regime
New (default, better for most) or Old (better if you have large deductions).
- 3
Enter metro/non-metro (for old regime HRA)
Metros are Mumbai, Delhi, Chennai, Kolkata. All other cities are non-metro for HRA purposes.
- 4
Enter deductions (old regime only)
80C investments, home loan interest, health insurance, NPS, etc.
- 5
Review the full breakdown
See gross, taxable income, tax payable, net after PF and PT, and compare both regimes side by side.
Reviewed by
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Frequently asked questions
What is the new tax regime for FY 2025-26?
Under Budget 2025, the new regime is now the default. Slabs: 0-4L nil, 4-8L 5%, 8-12L 10%, 12-16L 15%, 16-20L 20%, 20-24L 25%, 24L+ 30%. Standard deduction of ₹75,000 applies. Rebate u/s 87A makes income up to ₹12 lakh effectively tax-free (₹12.75 lakh including standard deduction).
How much tax do I pay on ₹12 lakh salary in India?
Under the new regime (FY 2025-26), a ₹12 lakh CTC pays zero income tax because of the Section 87A rebate. After ₹75,000 standard deduction, taxable income is ₹11.25 lakh, which falls within the rebate limit. The only deductions are PF (₹21,600 at capped basic of ₹15,000) and professional tax (₹2,500/year).
Should I choose the old or new tax regime?
The new regime is better for most salaried employees earning up to ₹15 lakh because of the 87A rebate and higher slab limits. The old regime can be better if you have significant HRA, home loan interest, 80C investments, and health insurance deductions — typically for income above ₹15 lakh with high deductions (₹3 lakh+). Our calculator compares both regimes side by side.
What is the standard deduction for FY 2025-26?
₹75,000 under the new regime (up from ₹50,000 in FY 2023-24). ₹50,000 under the old regime. Standard deduction applies automatically — you do not need to submit any proof. Family pensioners get ₹25,000 under the new regime.
Is HRA taxable?
HRA is taxable under the new regime (no exemption). Under the old regime, HRA exemption is the minimum of: (1) actual HRA received, (2) 50% of basic (metro) or 40% (non-metro), or (3) rent paid minus 10% of basic. You need rent receipts and, if rent exceeds ₹1 lakh/year, your landlord's PAN.
How is EPF calculated in India?
Both employer and employee contribute 12% of your basic salary to EPF. By default this is capped at ₹15,000 basic (so maximum ₹1,800/month each), but many employers contribute on full basic. Employee contribution is eligible for 80C deduction (old regime only). EPF interest (currently 8.25%) is tax-free if you stay for 5+ years.
Sources
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