Salary In-Hand Calculator

Estimate in-hand salary, deductions, and compare income tax under Old vs New regimes

Inputs

Input type

Annual CTC (₹)

Basic salary

If %: calculated on annual gross (or derived gross from CTC).

HRA

If %: calculated on basic.

Special allowance (annual ₹)

Other allowances (annual ₹)

Bonus

Statutory contributions

Employee PF rate

Employer PF rate

Apply PF wage ceiling (₹15,000 monthly basic)

Professional tax (monthly ₹)

Other deductions (monthly ₹)

Include gratuity in CTC (computed as % of Basic)

Income tax inputs

Rent paid per month (₹) (Old regime HRA)

City type

80C (annual ₹, cap 1.5L)

80D (annual ₹)

Other deductions (Old only) (annual ₹)

Standard deduction

Old regime (auto)

Apply standard deduction for New regime (if applicable)

Tax is computed progressively using slab rates + 4% cess. New regime applies 87A rebate when taxable income ≤ ₹7,00,000.

Summary

Annual CTC

₹12,00,000

Annual Gross

₹11,24,737

Monthly In-Hand (Old)

₹77,336

Monthly In-Hand (New)

₹84,481

Annual In-Hand (Old)

₹9,28,032

Annual In-Hand (New)

₹10,13,777

Better option: New Regime

Detailed breakdown

Basic (annual)

₹4,49,895

HRA (annual)

₹1,79,958

Special allowance (annual)

₹0

Other allowances (annual)

₹0

Bonus (annual)

₹0

Employer PF (annual)

₹53,987

Employee PF (annual)

₹53,987

Gratuity (annual)

₹21,640

Professional tax (annual)

₹2,400

Other deductions (annual)

₹0

Old vs New comparison

Old

New

Taxable income

₹10,74,737

₹11,24,737

Income tax (annual)

₹1,40,318

₹54,573

Income tax (monthly)

₹11,693

₹4,548

HRA exemption (Old)

₹0

—

Monthly in-hand

₹77,336

₹84,481

Note: Employer PF and gratuity are included in CTC calculation but are not deducted from in-hand.