In-hand salary calculator (India)
What Is CTC (Cost to Company)?
CTC or Cost to Company represents the total annual compensation offered by an employer. It includes fixed salary, allowances, employer provident fund contributions, gratuity, bonuses, and other benefits.
However, the full CTC amount is not credited to your bank account. Your actual take-home salary becomes lower after deductions such as:
- Employee Provident Fund (PF)
- Professional Tax
- Income Tax
- Insurance deductions
- Other payroll deductions
What Is In-Hand Salary?
In-hand salary, also called take-home salary, is the amount credited monthly after all applicable deductions. This amount depends on:
- Your salary structure
- Basic salary percentage
- Income tax regime selected
- Provident fund contribution
- Professional tax
- Declared deductions under old regime
The same CTC can produce different monthly take-home salaries depending on tax planning and employer salary structure.
Old vs New Tax Regime (FY 2026–27)
The Indian income tax system currently allows salaried employees to choose between the old tax regime and the new tax regime.
New Tax Regime Slabs
- ₹0 – ₹3,00,000: 0%
- ₹3,00,001 – ₹7,00,000: 5%
- ₹7,00,001 – ₹10,00,000: 10%
- ₹10,00,001 – ₹12,00,000: 15%
- ₹12,00,001 – ₹15,00,000: 20%
- Above ₹15,00,000: 30%
The old regime allows deductions under Section 80C, HRA exemptions, home loan interest, and other tax-saving investments. The new regime offers lower slab rates but fewer deductions.
Comparing both regimes annually helps maximize take-home salary.
Estimated Monthly In-Hand Salary by CTC
| Annual CTC | Estimated Monthly In-Hand |
|---|---|
| ₹5 Lakh | ₹38,000 – ₹42,000 |
| ₹10 Lakh | ₹65,000 – ₹75,000 |
| ₹15 Lakh | ₹95,000 – ₹1,05,000 |
| ₹20 Lakh | ₹1,20,000 – ₹1,40,000 |
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Frequently Asked Questions
How much in-hand salary will I get from 10 LPA CTC?
A ₹10 LPA salary generally produces an in-hand monthly salary between ₹65,000 and ₹75,000 depending on tax regime and deductions.
Which tax regime is better?
The new regime benefits employees with fewer deductions, while the old regime may be beneficial for individuals claiming HRA, home loan interest, and Section 80C deductions.
How is in-hand salary calculated?
In-hand salary is calculated after deducting employee PF, professional tax, and income tax from annual CTC.