In-Hand Salary Calculator — CTC to Monthly Take-Home (FY 2026-27)
"CTC ₹12 lakh" never means ₹1 lakh a month in your bank account. Employer PF and gratuity sit inside CTC but never reach your payslip; employee PF, professional tax and income tax (TDS) are deducted from what's left. This calculator unwraps the whole chain — updated for FY 2026-27, where the new regime's ₹60,000 rebate makes salaries up to ₹12.75 lakh effectively tax-free.
💼 CTC → In-Hand
Assumes new tax regime (₹75,000 standard deduction, §87A rebate), employee PF at 12% of basic, professional tax ₹2,400/yr. Gratuity provision estimated at 4.81% of basic. Figures are indicative — exact structure varies by employer.
Where Your CTC Actually Goes
CTC (Cost to Company) is everything your employer spends on you — not what you receive. The typical chain:
- Inside CTC but never in your bank: employer PF contribution (12% of basic) and gratuity provision (≈4.81% of basic). These are real money — PF lands in your EPF account, gratuity pays out after 5 years of service — but they don't show up monthly.
- Deducted from your payslip: employee PF (another 12% of basic), professional tax (₹200/month in most states), and TDS — income tax deducted monthly based on your regime choice.
- Variable pay: if 10–20% of your CTC is a performance bonus, your monthly in-hand is computed on the fixed portion only.
Quick Reference: CTC → Monthly In-Hand (FY 2026-27, New Regime)
| Annual CTC | Approx. monthly in-hand | Income tax/yr |
|---|---|---|
| ₹6 lakh | ≈ ₹44,000 | ₹0 |
| ₹10 lakh | ≈ ₹73,500 | ₹0 |
| ₹12 lakh | ≈ ₹88,300 | ₹0 |
| ₹15 lakh | ≈ ₹1,03,600 | ≈ ₹82,000 |
| ₹20 lakh | ≈ ₹1,33,600 | ≈ ₹1,64,000 |
| ₹30 lakh | ≈ ₹1,86,600 | ≈ ₹4,13,000 |
Assumes basic = 40% of CTC, gratuity inside CTC, no variable pay. Notice the jump between ₹12L and ₹15L: the §87A rebate disappears once taxable income crosses ₹12 lakh, so the first salary band above it feels the steepest change. Marginal relief smooths the transition right at the boundary.
In-Hand Salary for 6, 10, 15 & 20 LPA (Worked Examples)
These are the salary bands people search for most. Each take-home salary breakdown below assumes basic = 40% of CTC, gratuity provision inside CTC, no variable pay, and the FY 2026-27 new regime. Your exact figures depend on your employer's structure, so run your own numbers in the calculator above — but these worked examples show the full PF deduction, professional tax and income tax chain for each LPA value.
6 LPA in-hand salary
A ₹6 LPA package is fully tax-free under the new regime, so your in-hand salary is reduced only by the PF deduction and professional tax.
| Component | Amount (per year) |
|---|---|
| Annual CTC | ₹6,00,000 |
| − Employer PF (inside CTC) | ₹28,800 |
| − Gratuity provision (inside CTC) | ₹11,544 |
| − Employee PF deduction (12% of basic) | ₹28,800 |
| − Professional tax | ₹2,400 |
| − Income tax (new regime) | ₹0 |
| Annual in-hand | ≈ ₹5,28,000 |
| Monthly take-home salary | ≈ ₹44,000 |
10 LPA in-hand salary
₹10 LPA is the most-searched salary band in India, and it is still completely tax-free in FY 2026-27 — taxable income stays under ₹12 lakh after the ₹75,000 standard deduction and the ₹60,000 §87A rebate.
| Component | Amount (per year) |
|---|---|
| Annual CTC | ₹10,00,000 |
| − Employer PF (inside CTC) | ₹48,000 |
| − Gratuity provision (inside CTC) | ₹19,240 |
| − Employee PF deduction (12% of basic) | ₹48,000 |
| − Professional tax | ₹2,400 |
| − Income tax (new regime) | ₹0 |
| Annual in-hand | ≈ ₹8,82,000 |
| Monthly take-home salary | ≈ ₹73,500 |
15 LPA in-hand salary
At ₹15 LPA the §87A rebate is gone, so income tax starts to bite. This is the first band where your tax slab materially changes your take-home — see the exact liability on our income tax calculator.
| Component | Amount (per year) |
|---|---|
| Annual CTC | ₹15,00,000 |
| − Employer PF (inside CTC) | ₹72,000 |
| − Gratuity provision (inside CTC) | ₹28,860 |
| − Employee PF deduction (12% of basic) | ₹72,000 |
| − Professional tax | ₹2,400 |
| − Income tax (new regime, incl. cess) | ≈ ₹81,800 |
| Annual in-hand | ≈ ₹12,43,000 |
| Monthly take-home salary | ≈ ₹1,03,600 |
20 LPA in-hand salary
At ₹20 LPA income tax becomes your single largest deduction. If part of your CTC is paid as House Rent Allowance and you have opted for the old regime, the HRA exemption calculator shows how much of that HRA is tax-free.
| Component | Amount (per year) |
|---|---|
| Annual CTC | ₹20,00,000 |
| − Employer PF (inside CTC) | ₹96,000 |
| − Gratuity provision (inside CTC) | ₹38,480 |
| − Employee PF deduction (12% of basic) | ₹96,000 |
| − Professional tax | ₹2,400 |
| − Income tax (new regime, incl. cess) | ≈ ₹1,64,400 |
| Annual in-hand | ≈ ₹16,03,000 |
| Monthly take-home salary | ≈ ₹1,33,600 |
Your in-hand salary depends on your tax slab as much as your PF deduction, so once you know your take-home, use the income tax calculator to confirm your exact tax liability and compare the new vs old regime.