Updated for FY 2026-27

Know exactly what lands in your bank account

Enter your CTC and Uncodemy's salary calculator breaks it into basic pay, HRA, EPF and tax — then shows your monthly in-hand salary under both tax regimes.

Your salary details

All amounts are annual unless mentioned otherwise.

₹ per year
₹12 Lakh a year
₹ per year
Paid separately, so it is kept out of the monthly figure
Basic salary — 50% of CTC
₹ per year
20% of CTC70% of CTC
Most Indian companies keep basic between 40% and 50%
In-hand
₹0
per month
Total CTC₹0
Annual take-home₹0

Detailed salary breakup

Basic salary₹0
House rent allowance (HRA)₹0
Special allowance₹0
Gross salary₹0
Deductions
EPF — your contribution₹0
Income tax₹0
Professional tax₹0
Total deductions₹0
Net in-hand salary₹0

Your employer also puts ₹0 into EPF and ₹0 towards gratuity every year. That money is part of your CTC but never reaches your bank account.

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Comparing both regimes…

Fine-tune for a sharper number

Which city do you live in?
Metro = Delhi, Mumbai, Kolkata, Chennai
₹per month
Leave at 0 if you don't pay rent
₹per year
Usually 50% of basic in metros, 40% elsewhere
How is your EPF deducted?
Your employer matches whatever you contribute
₹per year
Default is 4.81% of basic
₹per year
Varies by state, capped at ₹2,500. Set 0 for UP, Delhi, Haryana
₹max ₹1.5L
ELSS, PPF, life insurance, tuition fees, home loan principal. Your EPF is already counted here.
₹max ₹75K
80D health insurance up to ₹25,000 and 80CCD(1B) NPS up to ₹50,000

Three steps from CTC to take-home

A salary calculator does the same arithmetic your payroll team does — it just does it before you sign the offer letter.

1

Split the CTC

Your CTC is divided into basic pay, HRA, special allowance, the employer's EPF share and gratuity. Only the first three make up your gross salary.

2

Apply the deductions

Your own EPF contribution, professional tax and income tax come out of the gross salary. Tax depends on the regime you pick and the exemptions you claim.

3

Get the monthly figure

Whatever survives is your in-hand salary. Divide by twelve and that's the amount that shows up in your account every month.

Understanding your salary slip

The components you'll see

Basic salary is the anchor. It is usually 40–50% of CTC, and HRA, EPF and gratuity are all calculated as a percentage of it. A higher basic means more retirement savings but a smaller monthly cheque.

HRA is paid to cover rent. It is exempt from tax under the old regime, but only to the extent of the lowest of three numbers: the actual HRA in your CTC, rent paid minus 10% of basic, or 50% of basic in a metro (40% elsewhere).

Special allowance is the balancing figure — whatever is left in the CTC after every other component is fixed. It is fully taxable.

EPF takes 12% of basic from you and a matching 12% from your employer. Many companies cap it at ₹1,800 a month by using the ₹15,000 wage ceiling.

Gratuity is set aside at 4.81% of basic and paid only after five years of service, so it inflates your CTC without touching your monthly income.

Gross salary is not CTC

CTC is everything the company spends on you. Gross salary is what it pays you before deductions. The gap between the two is the employer's EPF share plus gratuity — real money, but not spendable money.

Gross salary = Basic + HRA + Special allowance
In-hand salary = Gross salary − (Income tax + Your EPF + Professional tax)

A worked example

On a ₹12,00,000 CTC with a ₹1,20,000 bonus, basic at 50%, EPF at ₹1,800 a month and the new regime:

Basic salary (50% of CTC)₹6,00,000
HRA (50% of basic)₹3,00,000
Special allowance (balance)₹1,29,540
Gross salary₹10,29,540
Less: your EPF₹21,600
Less: income tax (new regime, after ₹60,000 rebate)₹0
Less: professional tax₹2,400
Annual take-home₹10,05,540
Monthly in-hand₹83,795

Change any input above and the calculator redoes this table for your own numbers.

Old regime or new?

The new regime for FY 2026-26 gives you a ₹75,000 standard deduction and charges no tax up to ₹12,00,000 of taxable income, but it drops HRA exemption, 80C, 80D and almost every other deduction. The old regime keeps those deductions and a ₹50,000 standard deduction, with tax starting at ₹2,50,000.

The rule of thumb: if you pay significant rent and already invest ₹1.5 lakh under 80C, run both. The calculator above shows you the difference in rupees, which beats any rule of thumb.

Frequently asked questions

Your offer letter or appointment letter lists the CTC split component by component. After you join, the monthly payslip shows the same components along with the deductions actually applied.

Three things sit inside CTC but never reach you monthly: the employer's EPF contribution, gratuity, and variable pay that is released quarterly or annually. On top of that, income tax, your own EPF and professional tax come out of the gross salary.

No. Variable pay is deducted from CTC before the monthly components are worked out, because it is usually paid as a lump sum. It is also excluded from the monthly tax estimate, so your actual TDS may differ in the month the bonus is credited.

No. The new regime removes HRA exemption, 80C, 80D and most other deductions. It compensates with wider slabs, a ₹75,000 standard deduction and a full rebate up to ₹12,00,000 of taxable income.

It follows the FY 2026-26 slab rates and standard salary-structuring conventions, so it lands close to your actual payslip. Your company's exact structure — meal cards, LTA, NPS contributions, insurance premiums — can shift the number by a few thousand rupees. Treat it as a strong estimate, not a payslip.

Both. A higher basic increases your EPF and gratuity, so more goes into long-term savings and your monthly cash falls. A lower basic gives you more cash now but less retirement corpus. Move the basic slider above to see the trade-off in rupees.