Finance Guide

Salary Calculator Guide — Take-Home Salary After Tax India 2026

📅 2026-03-31⏱ 5 min read🇮🇳 India-specific

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Salary Deductions in India

Your CTC (Cost to Company) is very different from your take-home salary. Here's what gets deducted:

DeductionRateExample (Rs.10L CTC)
Employee PF (EPF)12% of BasicRs.14,400/yr (Basic=Rs.10K/mo)
Professional TaxRs.200/month (state varies)Rs.2,400/yr
Income Tax (TDS)As per slabVaries
Health Insurance (group)Company covers usually

CTC vs Gross vs Net — Explained

  • CTC = Total cost to company (includes employer PF, gratuity, insurance)
  • Gross Salary = CTC minus employer's PF and gratuity
  • Net Salary (Take-Home) = Gross minus employee PF, PT, TDS
Take-Home = Gross Salary − Employee PF − Professional Tax − Income Tax (TDS) Typical: Rs.10L CTC → Rs.7.5-8.5L take-home depending on regime

New vs Old Regime for Salaried (FY 2026-27)

  • New Regime: Standard deduction Rs.75,000. Zero tax up to Rs.12L. No 80C/HRA benefits.
  • Old Regime: Standard deduction Rs.50,000 + 80C Rs.1.5L + HRA + 24b home loan interest. Better for those with large deductions.
  • Most employees earning below Rs.15L save more with new regime in 2026-27.

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