💰 Salary Calculator
Convert your CTC to in-hand salary with detailed breakdown of PF, professional tax, HRA, income tax deductions for FY 2025-26.
Monthly In-Hand Salary
₹93,286
Annual: ₹11,19,437
📄 Salary Slip Breakdown
| Component | Monthly | Annual |
|---|---|---|
| Gross Salary | ₹98,200 | ₹11,78,400 |
| Basic Salary | ₹39,280 | ₹4,71,360 |
| HRA | ₹19,640 | ₹2,35,680 |
| Special Allowance | ₹39,280 | ₹4,71,360 |
| Deductions | −₹4,914 | −₹58,963 |
| Employee PF | −₹4,714 | −₹56,563 |
| Professional Tax | −₹200 | −₹2,400 |
| Income Tax (New Regime) | −₹0 | −₹0 |
| Net Take-Home | ₹93,286 | ₹11,19,437 |
* Employer PF contribution: ₹1,800/month (₹21,600/year) — deducted from CTC before gross.
📊 Old vs New Regime Comparison
Old Regime Tax
₹87,699
per year
New Regime Tax
₹0
per year
✅ New regime is better for you — simpler with lower tax!
Frequently Asked Questions
What is CTC?
CTC (Cost to Company) is the total amount a company spends on an employee per year, including basic salary, allowances, PF contribution, insurance, and other benefits.
What is the difference between CTC and in-hand salary?
In-hand salary is what you actually receive after deducting PF, professional tax, and income tax from your gross salary. Employer PF and other benefits are part of CTC but not your take-home.
What is Professional Tax?
Professional Tax is a state-level tax deducted from your salary. Most states charge ₹200/month (₹2,400/year). Some states like Tamil Nadu don't charge it.
Should I choose Old or New tax regime?
New regime is simpler with lower rates but no deductions. Old regime allows 80C, HRA, and other deductions. If your deductions exceed ₹3-4 lakh, old regime may be better.
How is PF calculated?
Employee PF is 12% of basic salary. Employer also contributes 12% (split into 8.33% EPS + 3.67% EPF). PF is typically calculated on basic salary up to ₹15,000/month for statutory compliance.
What is HRA and how does it help in tax saving?
HRA (House Rent Allowance) is a salary component. Under the old regime, you can claim HRA exemption if you pay rent — calculated as the least of actual HRA, 50%/40% of basic, or rent minus 10% of basic.