Salary & CTC Calculator

CTC to take-home pay with tax, PF and employer cost, every figure traced to the rule and source behind it.

Take-home pay · 2026-27

India · 2026-27 · INR Verified rules · IN-2026-27-v2

Take-home pay₹91,595a month, from ₹94,595 gross
  • Take-home pay₹91,595
  • Your PF (saved for you)₹3,000
Cost to company
₹1,00,000
Income tax
₹0
Effective tax rate
0%
Regime
Newold: ₹1,32,330 a year
Where did my salary go?

Of every ₹100 your employer spends on you, ₹92 reaches your bank account, ₹0 goes in income tax, ₹6 goes into PF and pension — still yours, paid out later, and ₹2 is gratuity and benefits you don’t receive as pay.

  • Gross salary₹94,595
  • Employer PF and pension₹3,000
  • Gratuity and employer NPS₹2,405
How it’s worked out

Law set by a verified government source · Company your employer’s practice, not a law · You an amount you entered

Every figure, where it comes from, and how it was worked out
ItemBasisMonthYear
Your pay
Basic pay (with DA)As entered. PF, HRA exemption and gratuity are all worked out on this.You₹50,000₹6,00,000
Other allowancesSpecial, transport and other cash allowances, taxed in full.You₹44,595₹5,35,140
Your contributions
Your PF contribution12% of basic up to the ₹25,000 monthly wage ceiling. Counts towards the ₹1,50,000 investment limit in the old regime.Law₹3,000₹36,000
Income tax
Income tax (new regime)On taxable income of ₹10,60,140, after rebate, surcharge and 4% cess. The old regime would be ₹1,32,330.Law₹0₹0
Paid by your employer on top
Employer's PF contributionThe employer pays 12% of the same PF wage; 8.33% of wages up to the ceiling goes to the pension scheme instead, and the rest to your PF account.Law₹918₹11,010
Employer pension (EPS)8.33% of basic up to ₹25,000 a month. It builds a pension, not your PF balance.Law₹2,083₹24,990
Gratuity provision4.81% of basic, set aside by the employer. Paid only when you leave after qualifying service, so it is not in your monthly pay.Company₹2,405₹28,860

Income tax, step by step

Gross salary
₹11,35,140
− Standard deduction
₹75,000
Taxable income
₹10,60,140
Tax in each bracket, new regime
BracketRateIncome in itTax
₹0 – ₹4,00,000Nil₹4,00,000₹0
₹4,00,000 – ₹8,00,0005%₹4,00,000₹20,000
₹8,00,000 – ₹12,00,00010%₹2,60,140₹26,014
₹12,00,000 – ₹16,00,00015%₹0₹0
₹16,00,000 – ₹20,00,00020%₹0₹0
₹20,00,000 – ₹24,00,00025%₹0₹0
Above ₹24,00,00030%₹0₹0
Tax on the brackets
₹46,014
− Rebate (section 156)
₹46,014
+ Health and education cess (4%)
₹0
Income tax for the year
₹0
Assumptions, what’s not included, and sources

Assumptions

  • The rules in force from 17 September 2026 are applied to the whole year (IN-2026-27-v2).
  • Basic pay includes dearness allowance.
  • PF is worked out on basic pay up to ₹25,000 a month, the legal minimum. Some employers use full basic.
  • Your employer counts a gratuity provision of 4.81% of basic in your CTC. That is company practice, not a law.
  • Benefits not paid in cash are treated as not taxable to you. If your payslip taxes any of them, add them to other allowances instead.
  • Salary is your only income for the year. Tax is spread evenly over twelve months; your employer may deduct more in some months.
  • Your employer's PF and pension contributions are treated as not taxable to you.
  • Each amount is rounded to the nearest rupee; your payslip may round each month separately.

Not included

  • Employees' State Insurance (ESI), which lower-paid employees and their employers contribute to.
  • EPF administration and insurance (EDLI) charges your employer pays on top of PF.
  • Labour welfare fund contributions some states charge.
  • Your employer's NPS contribution and the deduction it brings.
  • Tax on employer retirement contributions above the yearly tax-free limit.
  • Stock options, RSUs, perquisites (car, housing) and exempt allowances other than HRA.
  • Your state’s professional tax schedule: enter the amount on your payslip.

Rules and sources

Rule version IN-2026-27-v2, in force 17 Sep 2026 onwards. Last verified 15 Feb 2026; due for review by 15 Feb 2027. EPF wage ceiling raised from ₹15,000 to ₹25,000 a month from 17 September 2026. Income tax unchanged. Engine 1.0.0.

  1. Income-tax Act, 2025 — Parliament of India · Income Tax Departments.202 new-regime slabs; First Schedule old-regime slabs; s.19 standard deduction and professional tax; s.22 home-loan interest; s.123 investments (80C); s.124(3) own NPS; s.156 rebate; s.516 roundingRead at source 15 Feb 2026 · review by 15 Feb 2027
  2. Finance Bill, 2026 — memorandum — Ministry of FinanceRates for tax year 2026-27 unchanged; surcharge 10/15/25/37% with marginal relief; health and education cess 4%Read at source 15 Feb 2026 · review by 15 Feb 2027
  3. Income-tax Rules, 2026 — Central Board of Direct TaxesHRA exemption; 50% of salary in Delhi, Mumbai, Kolkata, Chennai, Bengaluru, Hyderabad, Pune and Ahmedabad, 40% elsewhereRead at source 23 Sep 2026 · review by 15 Feb 2027
  4. Article 276(2) — Constitution of IndiaProfessional tax payable by one person to a State may not exceed ₹2,500 a yearRead at source 15 Feb 2026 · review by 15 Feb 2027
  5. Employees' Provident Funds Scheme, 1952 and Employees' Pension Scheme, 1995 — Employees' Provident Fund Organisation12% employee and 12% employer contribution on basic + DA; 8.33% of the employer share to EPS on wages up to the ceilingRead at source 23 Sep 2026 · review by 15 Mar 2027
  6. EPF wage ceiling raised to ₹25,000 a month — Union Cabinet · Press Information BureauCabinet decision of 16 September 2026, PIB release 2310811; in force from 17 September 2026Read at source 23 Sep 2026 · review by 15 Mar 2027

Your salary

CountryIndia

State: income tax and PF are national. Only professional tax differs by state — enter yours from your payslip below.

Everything your employer spends on you: pay, their PF, gratuity
Company practice — see your offer letter. The rest is paid as allowances.
Tax
Provident fund and gratuity
4.81% is 15 days’ pay per year of service, spread over the year. Company practice.
Deductions
From your payslip. Some states charge none; none can charge over ₹2,500.
Loan recovery, canteen — taken after tax
How is this calculated?
Gross salary = basic + HRA + other allowances + bonus Your PF = 12% of basic (up to ₹25,000 a month, or full basic if your employer uses it) Income tax = the income tax calculator’s working for the chosen regime (standard deduction, slabs, rebate, surcharge, 4% cess) Take-home pay = gross − your PF − professional tax − income tax − other deductions CTC = gross + employer PF and pension + gratuity provision + benefits not paid in cash

Runs in your browser — nothing you enter leaves this device.

An estimate based on the rules named in the result, read at their official sources on the dates shown. Your employer’s payroll, other income and rules outside those listed can change the figures. Not tax, legal or financial advice.

About this tool

What it does

This calculator turns a CTC or a gross salary into take-home pay, and shows where the rest goes: income tax, your provident fund, other deductions, and what your employer pays on top. Each figure is labelled as set by law, as your employer’s practice, or as something you entered, and every legal figure names the Act, rule or notification it comes from and the date it was read. For India it uses the Income-tax Act, 2025 rates for tax year 2026-27, the EPF schemes, and the new ₹25,000 PF wage ceiling from 17 September 2026. Where a rule has not been verified at its official source, it is not guessed: it is listed as not included.

How to use it
  1. Choose the tax year, and which rules — the calculator uses the ones in force today unless you pick an earlier version.
  2. In Simple mode, enter your CTC or gross salary and the share of it that is basic pay — your offer letter says.
  3. Choose how PF is worked out: on basic up to the ₹25,000 ceiling (the legal minimum), on full basic, or not at all.
  4. Say whether your CTC includes a gratuity provision. Most do, at about 4.81% of basic.
  5. Enter your professional tax from a payslip. Switch to Advanced to list each allowance, bonus, rent and old-regime deductions.
  6. Read the result by year, month, week or hour. Open “How it’s worked out” for every line and the tax brackets.
  7. Save a PDF report, or copy the link: it carries the amounts and the exact rule version, so it reopens with the same figures.
Limits and your data
  • India only. Other countries will be added later, each once its tax authority’s own rules have been read and tested.
  • ESI, the EPF administration and insurance charges, labour welfare fund and employer NPS are not included. The result lists what is left out.
  • Professional tax differs by state and is not built in: enter the amount on your payslip.
  • Salary is taken to be your only income. Other income, capital gains and perquisites such as a company car, stock options or rent-free housing are not included.
  • Tax is shown spread evenly over the year. Your employer may deduct more in some months, for example the month a bonus is paid.
  • A figure your employer decides — the basic share, the PF base, the gratuity provision — is labelled Company. Check it against your offer letter.
  • Everything is worked out in your browser. Your salary is not sent to ToolsDev or anyone else, and nothing is stored. The amounts go into the page address so the link reopens them — they leave your device only if you share that link yourself.

Questions

What is the difference between CTC and take-home pay?

CTC is everything your employer spends on you in a year: your gross salary, their PF and pension contribution, a gratuity provision and benefits such as insurance. Take-home pay is what reaches your bank after your own PF, professional tax and income tax. The “Where did my salary go?” panel shows the split per ₹100 of CTC.

Why does my PF change on 17 September 2026?

The EPF wage ceiling rose from ₹15,000 to ₹25,000 a month from that date. If your basic pay is above ₹15,000 and your PF is worked out on the ceiling, both your contribution and your employer’s go up. Choose the earlier rules under “Rules in force” to see the difference.

Is the gratuity in my CTC paid to me every month?

No. Gratuity is paid when you leave after qualifying service — five years for permanent employees, one for fixed-term. Many employers count a provision of about 4.81% of basic in the CTC, which is why take-home pay is lower than CTC ÷ 12.

Which tax regime does it use?

By default the cheaper of the two for your figures, and it shows what the other would cost. You can fix it to the new or the old regime. The old regime counts HRA exemption, your PF and other investments up to ₹1.5 lakh, NPS, home-loan interest and professional tax.

Why can a small raise just above ₹12 lakh leave me with less?

In the new regime, marginal relief caps tax at the income above ₹12 lakh, but the 4% cess is charged on top of that capped tax. So for a short stretch, each extra rupee can cost slightly more than a rupee. The calculator tells you when you are in that zone.

Does it work for other countries?

Not yet — it covers India. Each country will be added only after its tax authority’s own rules for the year have been read, entered with their dates and sources, and passed the calculator’s checks. A figure from a summary on another website is not good enough for your pay.