Salary structure
- Annual CTC
- ₹12,00,000
- Variable pay
- ₹0
- Fixed CTC
- ₹12,00,000
- Annual gross salary
- ₹11,78,400
- Monthly gross salary
- ₹98,200
Salary tool
CTC to In-Hand Salary Calculator
Estimate monthly take-home salary from annual CTC with PF, professional tax, standard deduction, income tax, cess, and rule year shown clearly.
CTC split
Basic, HRA, allowance, and variable pay.
Deductions
PF, professional tax, income tax, and cess.
Rule version
Fiscal-year assumptions are visible.
Monthly in-hand
₹96,200.00
Annual take-home
₹11,54,400.00
Estimated tax
₹0.00
Deductions
- Employee PF
- ₹21,600
- Employer PF in CTC
- ₹21,600
- Professional tax
- ₹2,400
- Income tax before rebate
- ₹50,340
- Rebate
- ₹50,340
- Health and education cess
- ₹0
- Total employee deductions
- ₹24,000
Component breakdown
| Component | Annual amount | Monthly amount |
|---|---|---|
| Basic | ₹6,00,000 | ₹50,000 |
| HRA | ₹2,40,000 | ₹20,000 |
| Special allowance | ₹3,38,400 | ₹28,200 |
| Take-home salary | ₹11,54,400 | ₹96,200 |
Rule year and assumptions
- Fiscal year
- FY2025-26
- Assessment year
- AY2026-27
- Rule version
- in-new-regime-ay-2026-27-v1
- Status
- production-active
- Resident individual below 60 years of age.
- New tax regime under section 115BAC.
- Standard deduction is applied before slab tax.
- Section 87A rebate is applied when taxable salary is within the configured limit.
- Surcharge, marginal relief, perquisite valuation, and old-regime deductions are excluded.
- Professional tax defaults to the rule-set amount and can be overridden by caller input.
This estimate is for education only. It is not tax, payroll, legal, or investment advice.
Methodology
The calculator sends CTC inputs to a versioned salary rule engine. The engine applies configured salary split assumptions, employee and employer PF policy, standard deduction, slab tax, rebate, and health and education cess for the selected fiscal year.
Salary rules are time-sensitive, so the calculation requires an explicit fiscal year and rule-set version. This prevents silent rollover when tax rules change.
FAQs
What does CTC include?
CTC can include gross salary, employer PF contribution, variable pay, and other employer-side costs. This calculator shows the assumptions it applies.
Which tax regime is used?
The current MVP rule set uses the configured new tax regime for FY2025-26 / AY2026-27 and surfaces the rule version in the result.
Is this payroll advice?
No. The result is an educational estimate. Actual payroll can vary by employer structure, state professional tax, benefits, exemptions, and declarations.
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