In-Hand Salary Calculator IndiaCTC to monthly take home — FY 2026-27 (New Tax Regime)

Take your CTC, subtract Employer PF (12% of Basic), Gratuity (4.81% of Basic) and any Group Mediclaim premium that sits inside CTC. That gives you Gross. From Gross, subtract Employee PF (12% of Basic, or ₹1,800/month at the statutory wage ceiling), state professional tax (₹200/month in Maharashtra and Karnataka, nil in Delhi), and TDS. For FY 2026-27 we apply the ₹75,000 standard deduction under Section 16(ia) and Section 115BAC slabs before computing TDS. Source: incometax.gov.in.

On a ₹26 LPA CTC with no variable, no NPS, Bengaluru professional tax and Employer PF inside CTC, the modelled net in-hand for FY 2026-27 is approximately ₹19,18,275 a year, or ₹1,59,856 a month, after Employee PF (₹64,800), professional tax (₹2,400) and TDS (₹3,53,725 including 4% Health & Education Cess) under Section 115BAC. Your number will move with the basic-pay split, city PT and any HRA the employer pays.

Monthly take home equals Gross/12 minus Employee PF (₹5,400/month at the ₹15,000 statutory wage cap, more if you waive the cap), state professional tax, and 1/12th of the annual TDS under Section 115BAC. For a ₹15,00,000 CTC offer in Bengaluru with no variable, expect about ₹98,578 a month after the ₹75,000 standard deduction and 4% cess. Variable, joining bonus pro-ration and one-time payouts are paid in their own months and not spread evenly.

Three line items inside CTC never reach your bank: Employer PF (12% of Basic, paid into your EPF account), Gratuity (4.81% of Basic, paid only after 5 years under the Payment of Gratuity Act, 1972), and Group Mediclaim premium. Add monthly statutory deductions — Employee PF, professional tax and TDS — and the gap between offered CTC and credited salary is typically 25–30% for offers between ₹10–25 LPA in metros.

Not always. A ₹15 LPA offer with 20% variable pay (₹3 LPA paid annually, conditional on rating) often credits less per month than a ₹13 LPA offer with 100% fixed pay. Variable is taxed when paid and rarely lands every month. For offers above ₹50 LPA, ESOP and RSU components inflate CTC further without affecting cash; treat those separately under Section 17(2)(vi) perquisite rules.

Section 16(ia) of the Income Tax Act, 1961, as amended by the Finance Act 2024, allows salaried individuals a flat ₹75,000 deduction from gross salary under Section 115BAC (the New Regime). It applies before slab tax is computed; combined with the 87A rebate up to ₹7,00,000 taxable income, a salary up to ₹7,75,000 attracts zero tax in FY 2026-27. Source: incometax.gov.in.

State governments levy professional tax monthly through your employer. Maharashtra and Karnataka deduct ₹200 every month except February, where the Karnataka cycle deducts ₹300; Tamil Nadu deducts a half-yearly sum; West Bengal slabs cap at ₹208/month. Delhi, Haryana, Uttar Pradesh and Uttarakhand levy nil professional tax. The amount is small but it is fully deductible from gross salary under Section 16(iii) of the Income Tax Act, 1961.

On a ₹15,00,000 CTC offer in Bengaluru with no variable pay, no NPS opt-in and Employer PF inside CTC, the modelled monthly in-hand for FY 2026-27 is about ₹98,578. The build-up: Gross of roughly ₹13.45 lakh after stripping Employer PF (12% of Basic) and Gratuity (4.81% of Basic), then Employee PF of ₹64,800 a year, Karnataka professional tax of ₹2,400, and TDS computed on (Gross − ₹75,000 standard deduction) under Section 115BAC plus 4% Health & Education Cess. Swap Bengaluru for Mumbai and PT stays ₹2,500; swap for Delhi and PT is nil, so the monthly figure rises by ₹200. Source: incometax.gov.in.