Salary calculator: CTC to in-hand
Enter annual CTC or monthly gross to see in-hand pay after PF, ESI, professional tax and income tax under the new regime for FY 2026-27.
Free calculators · Last reviewed: November 2026. Rules for FY 2026-27.
Monthly in-hand salary
₹44,140
₹5,29,580 in hand over the year, from a CTC of ₹6,00,000.
| Gross salary | ₹47,170 |
|---|---|
| Basic + DA (50%) | ₹23,585 |
| Employee PF (12%) | − ₹2,830 |
| ESI (0.75%) | Not covered |
| Professional tax | − ₹200 |
| Income tax (TDS) | − ₹0 |
| In-hand | ₹44,140 |
| Gross salary | ₹5,66,040 |
|---|---|
| Standard deduction | − ₹75,000 |
| Taxable income | ₹4,91,040 |
| Tax at slab rates | ₹4,552 |
| Rebate (income up to ₹12 lakh) | − ₹4,552 |
| Health and education cess (4%) | + ₹0 |
| Income tax for the year | ₹0 |
| Employer PF (12%) | ₹2,830 |
|---|---|
| Employer ESI (3.25%) | ₹0 |
| Cost to company | ₹50,000 |
Maharashtra charges ₹300 in February to make up the yearly ₹2,500.
This is an estimate for planning, not tax or legal advice. Your employer's payroll, your declarations and state rules can change the actual figures.
How it's calculated
- Gross from CTC:
CTC = 12 × (gross + employer PF + employer ESI) - Employee PF:
12% × Basic + DA, capped at ₹25,000 Basic unless you choose actual - ESI:
0.75% × grossif gross is ₹21,000 a month or less - Taxable income:
12 × gross − ₹75,000standard deduction - Tax: slab rates, minus the rebate up to ₹60,000 if taxable income is ₹12 lakh or less, with marginal relief just above; surcharge above ₹50 lakh (10%), ₹1 crore (15%) and ₹2 crore (25%); then 4% cess
- Monthly TDS:
tax for the year ÷ 12
Professional tax by monthly gross:
- Maharashtra: ₹7,501+ → ₹175; ₹10,001+ → ₹200 (₹300 in Feb); women: nil up to ₹25,000, then ₹200 (₹300 in Feb)
- Karnataka: ₹25,000+ → ₹200 (₹300 in Feb)
- West Bengal: ₹10,001+ → ₹110; ₹15,001+ → ₹130; ₹25,001+ → ₹150; ₹40,001+ → ₹200
- Tamil Nadu (half-yearly on six months' income): ₹21,001+ → ₹180; ₹30,001+ → ₹425; ₹45,001+ → ₹930; ₹60,001+ → ₹1,025; ₹75,001+ → ₹1,250
- Telangana: ₹15,001+ → ₹150; ₹20,001+ → ₹200
- Gujarat: ₹12,000+ → ₹200
Gratuity, bonus, reimbursements and old-regime deductions are left out. Employer PF up to ₹7.5 lakh a year isn't taxed, so it isn't added to taxable income.
Questions
What are the new regime tax slabs for FY 2026-27?
Up to ₹4 lakh nil, ₹4–8 lakh 5%, ₹8–12 lakh 10%, ₹12–16 lakh 15%, ₹16–20 lakh 20%, ₹20–24 lakh 25% and above ₹24 lakh 30%, plus 4% cess. Budget 2026 kept the FY 2025-26 slabs, and they carry over into the Income-tax Act, 2025, in force from 1 April 2026.
Is salary up to ₹12.75 lakh tax-free?
Yes, under the new regime. The ₹75,000 standard deduction brings ₹12.75 lakh down to ₹12 lakh of taxable income, and the rebate of up to ₹60,000 cancels the tax on it. Just above ₹12 lakh, marginal relief caps the tax at the income above ₹12 lakh.
What's the difference between CTC and in-hand salary?
CTC is everything the employer spends on you, including its own PF and ESI contributions. Gross is your monthly pay before deductions. In-hand is gross minus your PF, ESI, professional tax and income tax (TDS).
Can I deduct professional tax under the new regime?
No. The new regime allows the standard deduction and the employer's NPS contribution, but not professional tax or the employee's PF. Professional tax still comes out of your salary.
How much of my salary should be Basic?
Under the labour codes, in force since 21 November 2025, Basic + DA should be at least half of total pay; allowances above 50% count as wages for PF and gratuity anyway. That's why the calculator starts at 50%.
Why is my payslip's TDS different?
Your employer projects your income for the whole year, including bonuses, a previous employer's salary and any declarations, then spreads the remaining tax over the months left. Mid-year joiners and raises change the monthly figure.
PunchMe runs this automatically every month.
Attendance flows into payroll: paid days, LOP, PF, ESI, professional tax and TDS are worked out for every employee, with payslips and ECR files ready. Free trial, no card needed.