Salary Breakdown
| Component | Monthly | Annual |
|---|---|---|
| Earnings | ||
| Basic Salary | ₹0 | ₹0 |
| HRA | ₹0 | ₹0 |
| Special Allowance i | ₹0 | ₹0 |
| Gross Salary | ₹0 | ₹0 |
| Employer-side (part of fixed CTC, not paid in-hand) | ||
| Employer PF Contribution | ₹0 | ₹0 |
| Gratuity Provision | ₹0 | ₹0 |
| Employer NPS (optional) | ₹0 | ₹0 |
| These are part of CTC but NOT paid monthly. | ||
| Deductions | ||
| Employee PF (12% of Basic) | ₹0 | ₹0 |
| PF is your retirement saving, not a loss. It remains your money and is part of long-term wealth creation. | ||
| Professional Tax | ₹0 | ₹0 |
| Income Tax (Old Regime) | ₹0 | ₹0 |
| 💰 In-Hand Salary | ₹0 | ₹0 |
| Component | Old Regime Std. Deduction ₹50,000 |
New Regime Std. Deduction ₹75,000 |
|---|---|---|
| Gross Annual Income | ₹0 | ₹0 |
| Standard Deduction (flat deduction from salary) | ₹50,000 | ₹75,000 |
| Employer NPS (80CCD(2)) | — | ₹0 |
| HRA Exemption | ₹0 | — |
| 80C / 80D / NPS | ₹0 | — |
| Taxable Income | ₹0 | ₹0 |
| Income Tax | ₹0 | ₹0 |
| Monthly In-Hand | ₹0 | ₹0 |
| Recommended Regime | — | — |
Monthly Cash Flow
Annual Tax Comparison
This calculator is for planning and estimation. Final payroll values can vary by employer policy and statutory rules.
Your in-hand salary depends on CTC structure, PF deductions, income tax regime, and optional deductions like HRA, 80C, and NPS. Understanding each component helps you maximise take-home pay.
CTC (Cost to Company) includes everything the employer spends on you — basic, HRA, allowances, employer PF (12% of Basic), gratuity provision (~4.81% of Basic), and optional employer NPS. Gross Salary is CTC minus employer-side contributions (employer PF, gratuity, and employer NPS if enabled), plus variable pay. In-Hand is what hits your bank account after all deductions.
12% of Basic Salary is deducted from your salary in this model with no cap. Your employer contributes another 12% on the employer side. PF is eligible under 80C.
A state-level tax deducted monthly. Maximum ₹2,500/year. Not applicable in many states including Delhi, UP, Rajasthan, and Himachal Pradesh. Karnataka and Maharashtra levy ₹200/mo.
Special Allowance is the residual balancing component after basic, HRA, bonus allocation, and employer-side components are accounted for. Fully taxable in both regimes. Commonly labelled as “flexible benefit plan” or “other allowances” in your salary slip.
CTC includes both employee and employer costs. Employer PF (12% of Basic), gratuity provision (~4.81% of Basic), and optional employer NPS, and other benefits are part of CTC but never appear in your bank account. Add income tax and employee PF deductions, and the gap between CTC and in-hand can be 20–35% for a ₹12L CTC package.
The New Regime is now the default. It offers lower slab rates and a ₹75,000 standard deduction, and generally does not allow employee deductions like HRA, 80C, 80D, 80CCD(1B), LTA, and home loan interest. Employer NPS under 80CCD(2) can still be considered separately. Use the comparison table above to see which saves more for your income and deduction profile. Generally: if your HRA + 80C + 80D deductions exceed ~₹3–4L/year, the Old Regime wins. Otherwise, New Regime is better.
This calculator uses a transparent payroll model where employee PF is always 12% of Basic and employer PF is also 12% of Basic. Many real payroll setups use this pattern to build long-term retirement corpus and claim 80C benefits. If your company policy differs, adjust the inputs in your own salary-sheet verification.
Special Allowance is the balancing residual after accounting for basic, HRA, employer PF, gratuity provision, optional employer NPS, and bonus treatment in the gross model. It is fully taxable in both regimes. Actual salary slips may split this into multiple allowance heads.
Yes. Annual bonus is added to your gross salary and taxed at your slab rate. A large bonus can push you into a higher slab for that year. TDS is typically deducted at the time of payout. Under the FY 2026–27 New Regime model used here, tax can be nil up to taxable income of ₹12L due to rebate and marginal relief near the threshold.
No. HRA exemption under Section 10(13A) is available only under the Old Tax Regime. Under the New Regime, no house rent exemption is available, making it less beneficial for employees with high rent in metro cities. Use the Advanced panel above to see the HRA exemption impact on your old regime calculation.