In-Hand Salary Calculator FY 2026-27 (CTC to Take-Home)
Updated for FY 2026-27 (AY 2027-28)
Enter your CTC to see your monthly take-home salary after PF, professional tax and income tax, and find out whether the new or old tax regime leaves you with more. Free, no sign-up. Nothing leaves your browser.
Old regime deductions
Salary breakdown (yearly)
| New regime | Old regime |
|---|
Income tax slabs FY 2026-27
| New regime (default) | Rate | Old regime (below 60) | Rate |
|---|---|---|---|
| Up to ₹4,00,000 | Nil | Up to ₹2,50,000 | Nil |
| ₹4,00,001 – ₹8,00,000 | 5% | ₹2,50,001 – ₹5,00,000 | 5% |
| ₹8,00,001 – ₹12,00,000 | 10% | ₹5,00,001 – ₹10,00,000 | 20% |
| ₹12,00,001 – ₹16,00,000 | 15% | Above ₹10,00,000 | 30% |
| ₹16,00,001 – ₹20,00,000 | 20% | ||
| ₹20,00,001 – ₹24,00,000 | 25% | ||
| Above ₹24,00,000 | 30% |
Standard deduction: ₹75,000 (new) or ₹50,000 (old). Rebate: no tax up to ₹12 lakh taxable income in the new regime (₹60,000 rebate, with marginal relief just above) and up to ₹5 lakh in the old regime. Cess: 4% on tax. Surcharge: 10% above ₹50 lakh, 15% above ₹1 crore, 25% above ₹2 crore and, in the old regime only, 37% above ₹5 crore. From 1 April 2026 these rules sit in the new Income-tax Act, 2025, which replaced the 1961 Act without changing the rates.
From CTC to in-hand salary
In-hand salary = CTC − employer PF − gratuity (if included) − employer NPS − your PF − professional tax − income tax. Your PF contribution is 12% of basic pay (often capped at ₹1,800 a month). It is still your money and earns interest in your EPF account, but it is not paid out monthly. Want to see how a loan EMI fits into your in-hand salary? Try our FOIR calculator.
Frequently asked questions
How much tax do I pay on ₹12 lakh salary in FY 2026-27?
Under the new regime, a salaried person with ₹12.75 lakh of gross salary pays no income tax: the ₹75,000 standard deduction brings taxable income to ₹12 lakh, and the Section 87A rebate (up to ₹60,000) covers the tax.
What are the new regime slabs for FY 2026-27?
Nil up to ₹4 lakh, 5% from ₹4–8 lakh, 10% from ₹8–12 lakh, 15% from ₹12–16 lakh, 20% from ₹16–20 lakh, 25% from ₹20–24 lakh and 30% above ₹24 lakh, plus 4% health and education cess. Budget 2026 kept these slabs unchanged.
Which is better, the new or old tax regime?
The new regime is better for most salaried people because of its lower rates and ₹75,000 standard deduction. The old regime can still win if you claim large deductions such as HRA, ₹1.5 lakh under 80C, home loan interest and health insurance.
Why is my in-hand salary lower than CTC ÷ 12?
CTC includes your employer's PF contribution and sometimes gratuity, which you don't get in your monthly pay. Your own PF contribution, professional tax and TDS (income tax) are also deducted from your gross salary.