Updated for FY 2026-27 Tax Regimes & Code on Wages (50% Basic Rule)

Free Online CTC to In-Hand Salary Calculator (India FY 2026-27)

Calculate your exact monthly take-home salary from your annual Cost to Company (CTC). Get instant, zero-error breakdown of Basic Salary, HRA, EPF, ESI, Professional Tax, TDS (Old vs New Tax Regime), and Gratuity.

Dual-Tax Regime SupportInstant side-by-side comparison under Old Tax Regime vs New Tax Regime (FY 2026-27).
100% Indian Statutory AccuracyPre-configured for EPF/EPS split, ESI capping (₹21k limit), and State-wise Professional Tax.
Instant Visual BreakdownDetailed monthly vs annual salary components breakdown table.
Free Starter PlanIncluded in AccoNova HRMS Neev HR plan at ₹0/month.

CTC to Take-Home Salary Calculator

Input your annual CTC offer and select statutory preferences to calculate your exact monthly bank credit.

Total annual package offered by your employer.

Estimated Monthly Take-Home SummaryNew Tax Regime

Monthly In-Hand Salary (Take-Home)

₹ 0

Annual Net Take-Home Payout: ₹ 0

Gross Monthly Salary (Before Taxes)₹ 0
Total Monthly Employee Deductions- ₹ 0

Detailed Earnings & Statutory Deductions

Basic Salary (50%)₹ 0
HRA Allowance₹ 0
Special Allowance₹ 0
Employee EPF (12%)- ₹ 0
Employee ESI (0.75%)- ₹ 0
Professional Tax (PT)- ₹ 0
Income Tax (TDS / mo)- ₹ 0
* Calculations follow standard Indian payroll statutory rules under Code on Wages. Net payout reflects final bank credit after all statutory deductions.
Executive Summary & Direct Answer

How to Calculate In-Hand Take-Home Salary from CTC in India?

In-hand take-home salary is calculated by subtracting employee statutory deductions (Employee PF 12%, ESI 0.75%, Professional Tax, Income Tax/TDS) and employer statutory contributions (Employer PF 12%, ESI 3.25%, Gratuity 4.81%) from Total Cost to Company (CTC). AccoNova's free CTC calculator computes monthly net salary instantly under both Old and New Tax Regimes.

Deep-Dive Component Breakdown: CTC vs Gross vs Take-Home Salary

Understanding the crucial distinction between total company expense, pre-tax gross salary, and net credited bank amount.

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1. Cost to Company (CTC)

CTC is the total annual expenditure incurred by an employer on an employee, including direct earnings, indirect benefits, and employer statutory contributions.

CTC = Gross Salary + Employer PF + Employer ESI + Employer Gratuity + Retirals
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2. Gross Salary

Gross salary is the total annual or monthly earnings before employee tax and statutory deductions.

Gross Salary = Basic Salary + House Rent Allowance (HRA) + Special Allowance + Fixed Allowances
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3. Net Take-Home Salary (In-Hand Salary)

Net take-home salary is the actual amount credited to the employee's bank account every month after all employee statutory and tax deductions.

In-Hand Salary = Gross Salary - (Employee PF + Employee ESI + Professional Tax + TDS)

Detailed Salary Components & Statutory Slabs

How Basic, HRA, EPF, ESI, PT, and TDS are calculated under Indian Labour Laws & Income Tax Act.

💰 Earnings Components

Basic Salary

Typically set at 50% of CTC to comply with the Indian Code on Wages.

House Rent Allowance (HRA)

50% of Basic Salary for metro cities (Delhi NCR, Mumbai, Kolkata, Chennai) or 40% for non-metro cities.

Special Allowance

Plug-in balancing component absorbing the remaining CTC balance after Basic, HRA, and employer contributions.

📉 Deductions & Statutory Contributions

Provident Fund (EPF/EPS)

12% of Basic. Employee 12% deducted from Gross; Employer 12% split into 8.33% EPS (capped at ₹1,250 on ₹15k ceiling) and 3.67% EPF.

Employee State Insurance (ESI)

Applicable if Gross Monthly Salary <= ₹21,000. Employee pays 0.75%, Employer pays 3.25%.

Professional Tax (PT)

State-mandated tax capped at ₹2,500/year (e.g., Maharashtra ₹200/mo, Karnataka ₹200/mo, UP ₹0).

Income Tax (TDS - New Regime)

Standard deduction of ₹75,000 with Section 87A rebate for taxable income up to ₹7.0 Lakhs.

AKT

Founder & Architectural Insights

First-Hand Statutory Engineering Notes from AccoNova HRMS Core Board

Designed & Engineered by: Ajay Kumar Thakur (Founder & Chief Software Architect, AccoNova HRMS)

Technical Implementation Note: This CTC calculator backend logic was engineered using precision float rounding algorithms matching the exact payroll computation engine of AccoNova HRMS. It eliminates discrepancies between annual CTC offer letters and monthly bank credits.

Backend Calculation Engine Architecture

Production-Grade CTC Breakdown & Payroll Engine Algorithm

Powered by AccoNova HRMS Core Payroll Compliance Engine — Code on Wages & Income Tax Act Compliant.

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Code on Wages 50% Basic Engine

Automatically allocates 50% of CTC to Basic Salary to ensure statutory compliance with PF & Gratuity rules.

Dynamic Special Allowance Balancing

Calculates the exact balancing allowance to match 100% of employer CTC down to the exact rupee.

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Dual Tax Regime Slabs (Old vs New)

Computes slab-by-slab TDS with ₹75,000 standard deduction under the New Tax Regime FY 2026-27.

🛡️

ESI Capping & State PT Integration

Enforces ₹21,000 ESI gross wage threshold and resolves state-wise Professional Tax slabs.

Frequently Asked Questions (CTC Calculator 2026 FAQs)

Answers to common queries regarding CTC offers, take-home salary, basic wage rules, and tax deductions.

What is the difference between CTC and In-Hand salary?

CTC is the total annual cost an employer spends on an employee, including PF, ESI, gratuity, and allowances. In-hand salary is the actual monthly amount credited to the employee's bank account after employee PF, ESI, PT, and TDS deductions.

Why is Basic salary usually 50% of CTC in India?

Under the Indian Code on Wages, basic salary and core allowances must constitute at least 50% of total CTC to ensure adequate social security contributions like Provident Fund and Gratuity.

Is EPF deducted on total CTC or Basic salary?

EPF is calculated at 12% of Basic Salary + Dearness Allowance (DA). Employers can opt for capped PF (12% of ₹15,000 = ₹1,800/mo) or uncapped PF (12% of actual basic).

How is TDS calculated under the New Tax Regime in 2026?

Under the New Tax Regime (FY 2026-27), a standard deduction of ₹75,000 is applied automatically. Taxable income up to ₹7 Lakhs receives a Section 87A rebate, resulting in zero tax liability.

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