HRA
Harun Raaj & Associates

Free Tool · FY 2025-26 · 100% Client-Side

CTC to In-Hand Salary Calculator

Break down your annual CTC into gross pay, statutory deductions (PF, ESIC, Professional Tax), income tax under the new regime, and your final monthly take-home. Every figure cites its statutory source.

Your Details

12.00 L
30%60%
= ₹40,000/month
Metro = Mumbai, Delhi, Chennai, Kolkata
0%20%

Monthly Take-Home

₹94,276

Annual in-hand: ₹11,31,312 · Effective tax rate: 0.0%

Monthly Breakdown

ComponentAnnual (₹)Monthly (₹)
Basic Salary₹4,80,000₹40,000
HRA₹2,40,000₹20,000
Special Allowance₹4,35,312₹36,276
Bonus₹0₹0
Gross Salary₹11,55,312₹96,276
Employer PF (Part of CTC)₹21,600₹1,800
Gratuity Provision (Part of CTC)₹23,088₹1,924
(Less) Employee PF-₹21,600-₹1,800
(Less) ESIC (Employee)₹0₹0
(Less) Professional Tax-₹2,400-₹200
(Less) Income Tax (New Regime)₹0₹0
Net In-Hand₹11,31,312₹94,276

Annual P&L Summary

Gross Salary₹11,55,312
Less: Employee PF (Sec 12, EPF Act 1952)₹21,600
Less: ESIC (Sec 2(9), ESI Act 1948)₹0
Less: Professional Tax (State Acts)₹2,400
Less: Income Tax (Sec 115BAC, estimated)₹0
Net In-Hand (Annual)₹11,31,312
Monthly Take-Home₹94,276

CTC Allocation

Basic
₹4,80,000(40.0%)
HRA
₹2,40,000(20.0%)
Special Allowance
₹4,35,312(36.3%)
Employer PF
₹21,600(1.8%)
Gratuity
₹23,088(1.9%)

Disclaimer: This is an estimate for guidance only. Actual tax liability depends on individual investments, declarations, employer structure, and other factors. Verify with a qualified CA before any filing. Standard deduction of ₹75,000 is applied per Sec 16(ia) of the Income Tax Act, 1961. Rebate u/s 87A applied if taxable income ≤ ₹12,00,000.

Statutory Basis

Employees' Provident Fund

Section 12 of the Employees' Provident Funds and Miscellaneous Provisions Act, 1952 — employer contributes 12% of basic wages; employee contributes matching 12%. Basic wage ceiling for PF contribution: ₹15,000/month (notification SO 1513(E) dated 22 August 2014). Employees earning basic >₹15,000 may opt for higher PF.

ESIC

Section 2(9) of the Employees' State Insurance Act, 1948 — applicable if gross salary ≤ ₹21,000/month. Employee contribution: 0.75% of gross wages; Employer contribution: 3.25% of gross wages.

Professional Tax

Levied under respective State Acts. Typically ₹200/month (₹2,400/year) in Maharashtra, Karnataka, West Bengal. Not applicable in all states.

Standard Deduction

Section 16(ia) of the Income Tax Act, 1961 — ₹75,000 per annum for salaried employees under new regime.

Income Tax

Section 115BAC of the Income Tax Act as amended by Finance Act 2025.

Need help structuring your salary for maximum take-home?

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