CalcToolsAI

Salary Calculator

Salary Period

CalcTools AI's Salary Calculator instantly computes your in-hand take-home salary in India for FY 2025-26. Enter your CTC (Cost to Company) in monthly, annual, or LPA format and get a complete breakdown of income tax, Provident Fund contributions, education cess, and professional tax.

All calculations use India's New Tax Regime with the ₹75,000 standard deduction. The results include monthly and annual figures so you can plan your budget with confidence.

How to Use the Salary Calculator

  1. Choose your salary period — Monthly, Annual, or LPA (Lakhs Per Annum).
  2. Enter your gross CTC — the total cost-to-company before any deductions.
  3. Click "Calculate Take-Home Salary" — your in-hand salary and full tax breakdown appear instantly.

Understanding the Deductions

Income Tax (New Regime, FY 2025-26)

Under the new tax regime, a standard deduction of ₹75,000 is applied. The tax slabs are:

Taxable IncomeTax Rate
Up to ₹3 Lakh0%
₹3 – ₹7 Lakh5%
₹7 – ₹10 Lakh10%
₹10 – ₹12 Lakh15%
₹12 – ₹15 Lakh20%
Above ₹15 Lakh30%

Rebate u/s 87A: If your taxable income is ₹7 lakh or less, your income tax is zero.

Education Cess

4% of the calculated income tax is added as education and health cess.

Provident Fund (PF)

The employee contributes 12% of basic salary to PF. This calculator assumes basic = 50% of gross CTC.

Professional Tax

A flat ₹2,400/year (₹200/month) is deducted, representing the average across major Indian states.

Limitations

This calculator provides estimates based on the New Tax Regime. Actual take-home may differ based on:

  • Employer-specific salary structures (HRA, LTA, special allowances)
  • Old Tax Regime elections
  • State-specific professional tax rates
  • Additional perquisites (company car, meals, etc.)

Consult a Chartered Accountant for precise tax planning.

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