Tool
In-Hand Salary Calculator
See your real monthly take-home after PF, tax, and cess. Compare the old and new tax regimes side by side before you decide how much to invest.
In-Hand Salary Calculator
Calculate your monthly in-hand salary after all deductions (PF, Tax, Cess). Compare Old Tax Regime vs New Tax Regime to see which saves you more money.
Enter your CTC and salary components to see your actual take-home salary and tax savings.
Salary Details
Cost to Company (Annual)
Typically 40-50% of CTC. Basic: ₹6,00,000/year
Annual DA amount (if applicable)
Employee PF: ₹72,000/year | Employer PF: ₹72,000/year | Total PF from CTC: ₹1,44,000/year
I receive HRA
HRA Received (₹/month)
Annual HRA: ₹2,40,000 | HRA Exemption: ₹1,80,000/year
Rent Paid (₹/month)
Annual Rent: ₹2,40,000
HRA Exemption Formula: Minimum of (1) HRA Received, (2) Rent Paid - 10% of Salary, (3) 50% of Salary
Salary = Basic + DA | Current Exemption: ₹1,80,000/year
Salary = Basic + DA | Current Exemption: ₹1,80,000/year
ELSS, PPF, Life Insurance, etc. (Max ₹1,50,000)
Old vs New Tax Regime Comparison
Old Regime
Gross Annual Salary
₹11,28,000
Deductions
₹3,80,000
HRA: ₹1,80,000 | 80C: ₹1,50,000 | Standard: ₹50,000
Taxable Income
₹7,48,000
Tax Payable
₹62,100
0Cess (4%): ₹2,484 | Total: ₹64,584
Employee PF
₹72,000
Annual In-Hand
₹9,91,416
₹82,618/month
New Regime
BetterGross Annual Salary
₹11,28,000
Deductions
₹75,000
Standard Deduction: ₹75,000 (No HRA/80C)
Taxable Income
₹10,53,000
Tax Payable
₹0
Rebate (87A): ₹45,300 | Cess (4%): ₹0 | Total: ₹0
Employee PF
₹72,000
Annual In-Hand
₹10,56,000
₹88,000/month
New Regime saves you ₹5,382/month
New Regime is better because the higher standard deduction (₹75,000) outweighs the benefits of HRA and 80C deductions.
Monthly Salary Breakdown
Basic Salary
₹50,000/month
₹6,00,000/year
Dearness Allowance
₹0/month
₹0/year
HRA
₹20,000/month
₹2,40,000/year
Special Allowance
Auto-calculated: (CTC - Employer PF) - Basic - DA - HRA
₹24,000/month
₹2,88,000/year
Gross Monthly Salary
Before deductions (PF, Tax, Cess)
₹94,000/month
₹11,28,000/year
CTC Breakdown
Total CTC
₹12,00,000
Basic Salary
₹6,00,000/year • 50.0%
Dearness Allowance
₹0/year • 0.0%
HRA
₹2,40,000/year • 20.0%
Special Allowance
₹2,88,000/year • 24.0%
PF (Employee + Employer)
₹1,44,000/year • 12.0%
Take Home
₹9,91,416/year
₹82,618/month
Key Terms Explained
EPF
Employee contributes 12% of Basic + DA (or ₹1,800 fixed); same from employer. Grows with 8-8.5% interest. It's savings, not lost money!
Standard Deduction
₹50,000 reduction in taxable income for all salaried employees. Available in both Old and New regimes.
HRA
House Rent Allowance is tax-free if you pay rent. Exemption depends on salary, rent paid, and city type (Metro: 50% of Basic, Non-Metro: 40% of Basic).
Tax Regimes
Old Regime = more deductions (HRA, 80C, etc.) but complex. New Regime = simpler with fewer benefits but higher standard deduction.
In-Hand Salary
The real amount credited to your account after all deductions (PF, Tax, Cess). This is what you actually receive.