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Monthly In-Hand Salary

What is an In-Hand Salary Calculator?

💡 Zero tax on CTC up to ~₹13.7 LPA under new regime. Employer PF and gratuity are excluded from taxable income — effective zero-tax CTC is higher than ₹12L.

What Gets Deducted from Your Salary?

DeductionRatePaid ByReduces Your In-Hand?
Employee EPF12% of basic (max ₹1,800/mo)YouYes
Employer EPF12% of basic (max ₹1,800/mo)EmployerNo — part of CTC
Employer Gratuity4.81% of basicEmployerNo — part of CTC
Professional Tax₹200/month (varies by state)YouYes
Income Tax TDSBased on slab and regimeYouYes

In-Hand Salary by CTC — Quick Reference (New Regime, 40% Basic)

Annual CTCMonthly GrossEPF DeductionTDS/monthMonthly In-Hand
₹5 LPA₹41,667₹1,000₹0~₹40,467
₹7 LPA₹58,333₹1,400₹0~₹52,933
₹10 LPA₹83,333₹1,800₹0~₹77,333
₹15 LPA₹1,25,000₹1,800~₹3,950~₹95,250
₹20 LPA₹1,66,667₹1,800~₹8,660~₹1,22,207
₹30 LPA₹2,50,000₹1,800~₹28,100~₹1,86,100
₹40 LPA₹3,33,333₹1,800~₹74,000~₹2,33,000
₹50 LPA₹4,16,667₹1,800~₹1,05,000~₹2,75,867

New Regime vs Old Regime — Monthly In-Hand Comparison

CTCNew Regime In-HandOld Regime (max deductions)Extra with Old Regime
Up to ₹13.7 LPASameSameNegligible
₹15 LPA~₹95,250~₹97,000+₹1,750/mo
₹20 LPA~₹1,22,207~₹1,28,000+₹5,793/mo
₹30 LPA~₹1,86,100~₹1,98,000+₹11,900/mo
₹40 LPA~₹2,33,000~₹2,64,000+₹31,000/mo
₹50 LPA~₹2,75,867~₹3,15,000+₹39,133/mo

Old regime assumes max deductions: 80C ₹1.5L + 80D ₹25K + NPS ₹50K + HRA ₹3L + home loan ₹2L.

Why EPF is Capped at ₹1,800/month

EPFO caps statutory EPF at 12% of ₹15,000/month basic — regardless of actual basic. Even at ₹40 LPA with ₹1.33L/month basic, EPF is only ₹1,800/month unless your company voluntarily contributes on full basic. Check your offer letter carefully.

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Reviewed by mycalcu.in Finance Team
All calculators verified against official government sources — Income Tax Act, EPFO regulations, Payment of Gratuity Act, and PFRDA guidelines. Tax slabs updated after every Union Budget. Last reviewed: April 2026.

How is In-Hand Salary Calculated?

The basic formula for calculating monthly in-hand salary is:

Monthly In-Hand = (CTC − Employer PF − Gratuity) ÷ 12 − Employee PF − Professional Tax − Income Tax

Step 1: Calculate Gross Monthly Salary

Gross monthly salary = Annual CTC ÷ 12. This is before any deductions.

Step 2: Calculate EPF Deduction

Employee's EPF contribution = 12% of Basic Salary. Basic salary is typically 40–50% of CTC. So on a ₹10 LPA CTC with ₹4 LPA basic, EPF = 12% × ₹33,333 = ₹4,000/month.

Step 3: Subtract Professional Tax

Professional tax varies by state. In Maharashtra: ₹200/month for salaries above ₹10,000. In some states it is nil.

Step 4: Calculate and Deduct Income Tax

Income tax is calculated on taxable income (gross salary minus applicable exemptions and deductions). The resulting annual tax is divided by 12 to get monthly TDS (Tax Deducted at Source).

Example Calculation

📋 Example: ₹10 LPA CTC — New Tax Regime
1Annual CTC: ₹10,00,000
2Basic Salary (40% of CTC): ₹4,00,000/year = ₹33,333/month
3Employee EPF (12% of basic): ₹4,000/month
4Gross Monthly Salary: ₹10,00,000 ÷ 12 = ₹83,333
5Professional Tax (Maharashtra): ₹200/month
6Income Tax (new regime, standard deduction ₹75,000): approx. ₹5,417/month TDS
7Monthly In-Hand ≈ ₹83,333 − ₹4,000 − ₹200 − ₹5,417 = ₹73,716

Note: Actual in-hand salary may vary based on your HRA, special allowances, and exact tax computation.

Frequently Asked Questions

For ₹10 LPA CTC with 40% basic under the new tax regime, monthly in-hand salary is approximately ₹77,333. Zero income tax — taxable income of ₹9.25 lakh is within the ₹12L Section 87A rebate limit. Deductions: EPF ₹1,800/month + professional tax ₹200/month.

CTC includes employer EPF (₹1,800/month), employer gratuity (4.81% of basic), and all allowances. In-hand is what you receive after employee EPF, professional tax, and TDS. The gap ranges from ₹5,000/month at low salaries to ₹1,50,000+/month at high salaries.

EPF is mandatory for companies with 20+ employees. Employee contribution is 12% of basic, capped at ₹1,800/month (based on ₹15,000 ceiling). Even if your basic is ₹1 lakh/month, statutory EPF is only ₹1,800 unless company contributes on full basic voluntarily.

Under new regime, effective zero-tax CTC is approximately ₹13.7 LPA. This is because employer EPF and gratuity are excluded from taxable income, so gross taxable salary from ₹13.7 LPA CTC falls at or below the ₹12 lakh 87A rebate threshold.

New regime gives higher in-hand for salaries up to ~₹15 LPA (zero or low tax). For ₹20 LPA+, old regime with large deductions (HRA + home loan + NPS + 80C + 80D) can give ₹5,000–₹40,000 more per month in-hand. Use the income tax calculator to compare with your specific deductions.

Professional tax varies by state. Most states charge ₹200/month (₹2,400/year). Delhi, Rajasthan, UP, Haryana have no professional tax. Maximum is ₹2,500/year nationally.

1 LPA = ₹8,333/month gross. After EPF (~₹480/month if applicable) and professional tax (₹200/month), monthly in-hand is approximately ₹7,653. No income tax at this level.

Disclaimer: Results are for informational and educational purposes only — not financial, tax, or legal advice. Tax slabs, rates (EPF, PPF, home loan), and rules shown are based on data available in 2025 and may change. Always verify with a qualified professional or official government sources before making financial decisions.