Convert your annual CTC to monthly take-home — subtract PF, gratuity, professional tax and income tax under the new regime.
Your monthly take-home is approximately ₹1,04,160. Actual numbers vary based on your exact salary structure and city.
This calculator converts CTC (Cost to Company) into monthly in-hand (net take-home) salary — the single most important number for anyone evaluating a job offer or planning cashflow. It subtracts employer PF (12% of basic), gratuity (4.81% of basic), employee PF, professional tax, and income tax (TDS on salary under Section 192) to arrive at net monthly.
The tool models standard Indian salary structures — Basic (35–50% of CTC), HRA (40–50% of basic), Special Allowance (residual), plus statutory (PF + Gratuity + Bonus). A well-designed structure with basic at 40% typically yields 12–15% higher in-hand than a 60% basic structure because employer PF liability drops.
Mid-level techie evaluating an offer.
Treating CTC as take-home — actual is typically 65–75% depending on structure.
Ignoring variable pay (10–30% of CTC) which is not guaranteed.
Not comparing regimes before joining — flag the choice to employer in April.
Need a CA to review your numbers? Book a free consult — we'll double-check within 24 hours.
Push for LTA + Meal Cards + NPS 80CCD(2) — legal ways to reduce tax legally without cutting basic.
Model a 30% variable-pay haircut for a realistic worst-case monthly cashflow.
The bonus / variable pay is shown separately since it is typically paid annually, not monthly.
No — PT varies by state (₹2,400–₹2,500 per year in most states, zero in some).
Form 16 is for salary TDS (annual); Form 16A is for non-salary TDS (quarterly).
via TDS Return FilingThe bonus / variable pay is shown separately since it is typically paid annually, not monthly.
via In-Hand Salary CalculatorWe pick the correct form based on your income heads — salary, business, capital gains, foreign income — and confirm in writing before filing.
via Income Tax Return FilingYes — we hand over a complete document pack ready for any bank.
via Business RegistrationThis dataset is free to reference in articles, research and reports. Attribution to Taxpex Consultancy is all we ask. Data last verified 31 July 2026.
Taxpex Consultancy. (2026). In-Hand Salary Calculator — Taxpex. Retrieved from https://taxpex.com/tools/salary-payroll/in-hand-salary-calculator<a href="https://taxpex.com/tools/salary-payroll/in-hand-salary-calculator">In-Hand Salary Calculator — Taxpex</a> — Taxpex Consultancy