FinCalculator

Salary Calculator

In-hand & take home salary for old and new tax regimes

Monthly Basic: ₹41,667 | Yearly Basic: ₹5.00 L

Deductions (New Regime)

Results

ComponentYearlyMonthly
CTC₹10.00 L₹83,333
Gross₹10.00 L₹83,333
Standard Deduction₹75,000₹6,250
Take Home₹10.00 L₹83,333
Cash In-Hand₹9.98 L₹83,133
Income Tax₹0 (after Sec 87A rebate)₹0

Explanation of Calculations

  • Gross Salary: Gross Salary (₹10.00 L) = CTC (₹10.00 L) - EPF (₹0) - Gratuity (₹0).
  • Take Home: Take Home (₹10.00 L) = Gross (₹10.00 L) - Income Tax (₹0).
  • Cash In-Hand: Cash In-Hand (₹9.98 L) = Take Home (₹10.00 L) - Professional Tax (₹2,400) - 80C (₹0) - NPS 80CCD(1B) (₹0) - Mediclaim 80D (₹0) - Donations 80G (₹0) - Home Loan Interest 80EEA (₹0) - Education Loan Interest 80E (₹0) - Rent (₹0) - Employer NPS (₹0).
  • Taxable Income: Taxable Income (₹9.25 L) = CTC - Deductions (as per selected regime).
  • Income Tax: Calculated using statutory slabs and Section 87A rebate (with marginal relief) plus 4% Health & Education Cess for FY 2026-27.
💻
Free Developer REST API AvailableBuilding a fintech app or blog? Integrate our free, open-CORS JSON REST APIs cached for high performance.
View API Docs →
Explore Related Tools

Related Income Tax & Salary Calculators

Discover related financial calculators, tax planning tools, and detailed pSEO guides.

All 50+ Calculators

About the Salary Calculator

This salary calculator helps you estimate your in-hand and take-home salary after all statutory deductions and income tax, for both the old and new tax regimes. It considers standard deduction, PF, EPF, gratuity, professional tax, and employer NPS (for new regime).

How to use: Enter your CTC, select the tax regime, and fill in any applicable deductions. The calculator will show your gross, take-home, and in-hand salary, along with a detailed breakdown.

Tip: If you want to compare your tax and take home under both regimes, try our Old vs New Regime Calculator.

Updated for FY 2026-27 as per latest Budget rules. For more details on tax rules, see the official Income Tax India website.