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Salary Calculator

Calculate your take-home pay from CTC. Compare old vs new tax regime with EPF, HRA, and all deductions.

💰Salary Details

₹12.00 L
40%
20%
Monthly Take Home96,200
Annual CTC₹12.00 L
Taxable Income₹11.03 L
Income Tax + Cess- ₹0
EPF (Your share)- ₹21.6K
Prof. Tax- ₹2400
Annual Take Home₹11.54 L

Salary Breakdown

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Regime Comparison

Instantly compare Old vs New tax regime to see which saves more.

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Full Breakdown

See detailed split of basic, HRA, EPF, tax, and take-home.

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India Specific

Includes EPF, HRA exemption, 80C, 80D, professional tax.

How to Use

1

Choose Regime

Select New or Old tax regime.

2

Enter CTC

Set your annual CTC (Cost to Company).

3

Add Deductions

For old regime: enter rent, 80C, 80D, NPS.

4

View Take Home

See monthly and annual take-home pay.

The Formula

Take Home = CTC - EPF - Tax - Prof. Tax
CTCCost to Company (annual)
EPF12% of basic salary (employee share)
TaxIncome tax + 4% cess based on regime
Prof. Tax₹2,400/year professional tax

Frequently Asked Questions

Old regime vs New regime — which is better?

New regime is better if your deductions are less than ₹3-4 lakhs. Old regime is better if you have high deductions (HRA + 80C + 80D + NPS). Use this calculator to compare.

What is CTC?

CTC (Cost to Company) is the total amount your employer spends on you, including basic salary, HRA, EPF employer contribution, bonuses, and other allowances.

How is take-home calculated?

Take-home = CTC minus EPF (employee share) minus income tax minus professional tax. Old regime allows additional deductions like HRA, 80C, 80D.

What is the new tax regime for 2025-26?

New regime: No tax up to ₹4L, then 5% (4-8L), 10% (8-12L), 15% (12-16L), 20% (16-20L), 25% (20-24L), 30% (above 24L). No rebate if income exceeds ₹12L.

Is EPF part of take-home?

EPF employee contribution is deducted from your salary, so it reduces take-home. However, it's your money in your PF account, earning 8.15% interest.