Salary Details
Gross Monthly
₹0
Total Deductions
₹0
Salary Breakdown Projections
Estimated Monthly In-Hand
Annual In-Hand
₹0
💡 Salary Insights
Detailed Monthly Breakdown
| Component | Monthly Amount |
|---|
How is In-Hand Salary Calculated?
Gross Salary: CTC minus Employer's contribution (PF).
Employee PF: Usually 12% of Basic Salary contributed by the employee.
Income Tax: Calculated based on New Tax Regime slabs (FY 25-26) on the Gross amount after standard deductions.
Example Breakdown (₹10 LPA CTC)
- Monthly CTC: ₹83,333
- Employer PF Portion: ~₹5,000
- Monthly Gross (Cash Component): ~₹78,333
- Employee PF Portion: ~₹5,000
- Net In-Hand (after Rebate): ~₹73,133
What is In-Hand Salary?
In-hand salary, also known as net take-home pay, is the amount an employee receives after all statutory and voluntary deductions are subtracted from the Gross Salary. While the CTC (Cost to Company) looks high on an offer letter, the actual cash flow depends on several factors like EPF, TDS, and PT.
Understanding this breakup is crucial for budgeting and financial planning. If you are comparing two job offers, always look at the in-hand component rather than just the CTC. You can track your financial progress and see how your salary impacts your wealth using our Net Worth Calculator. Start planning your savings with our SIP Calculator.
CTC vs Gross vs Net Salary
Distinguishing between CTC, Gross, and Net is essential for anyone expecting an appraisal or a new job. Use our Salary Hike Calculator to predict your future earnings.
- CTC: The total cost a company incurs on an employee. It includes basic, HRA, bonuses, employer PF, insurance, and sometimes even office space costs.
- Gross Salary: CTC minus Employer's PF and statutory employer contributions. It is the taxable base before employee-side deductions.
- Net (In-Hand) Salary: Gross salary minus Income Tax (TDS), Employee's PF contribution, and Professional Tax. This is what is credited to your bank.
To optimize your savings from your net salary, consider starting a SIP investment today.
Income Tax Slabs India 2026 (New Regime)
The FY 2025-26 New Tax Regime offers simplified slabs and a significant rebate. If your taxable income is below ₹12 Lakhs, you pay effectively zero tax under Section 87A. Use our Income Tax Calculator for accurate tax calculation based on your income.
| Income Slab | Tax Rate |
|---|---|
| ₹0 - ₹4,00,000 | Nil |
| ₹4,00,001 - ₹8,00,000 | 5% |
| ₹8,00,001 - ₹12,00,000 | 10% |
| ₹12,00,001 - ₹16,00,000 | 15% |
| ₹16,00,001 - ₹20,00,000 | 20% |
| ₹20,00,001 - ₹24,00,000 | 25% |
| Above ₹24,00,000 | 30% |
Standard Deduction of ₹75,000 is applicable to all salaried individuals under the New Regime.
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Frequently Asked Questions
What is in-hand salary for ₹10 LPA?
How is PF calculated on salary?
How to increase in-hand salary?
What is Section 87A Rebate?
What is the difference between CTC and take-home salary?
Is standard deduction available in the new tax regime?
What is Professional Tax (PT)?
Quick Summary
• CTC includes Employer PF; Gross Salary excludes it.
• Net Salary is what you receive after Employee PF and Income Tax.
• The New Regime is highly beneficial for income up to ₹12 Lakhs.
• Balanced planning with tools like the EMI Calculator helps manage your finances.