Take-Home Salary Calculator
By Varun M
Your CTC minus employer PF, employee PF, professional tax, and income tax — with the new labour code's 50% wage rule applied to your PF, and a full breakdown so you can see exactly where each rupee goes.
Enter a valid CTC and non-negative figures for the rest to see your breakdown.
Where your CTC goes, monthly
| Monthly CTC | |
| − Employer PF (12%, never reaches you) | |
| = Gross monthly payout | |
| − Employee PF (12%) | |
| − Professional tax | |
| − Income tax (TDS) |
Net take-home, monthly
PF wage base used: (wages after the 50% floor: , capped at the ₹15,000 PF ceiling if higher).
The one thing most people get backwards
The new labour code's 50% wage rule does not change your total gross pay — restructuring how much of your CTC is labelled "Basic" vs. "allowances" doesn't add or remove a single rupee from what your employer pays out. What it changes is your PF wage base. A higher PF wage base usually means a higher employee PF deduction — and that's what can lower your take-home, not the wage rule directly. Get this causal chain backwards and the whole calculator looks wrong.
How to use this calculator
Enter your annual CTC and current monthly Basic + DA (from your payslip or offer letter). Add your professional tax if your state charges one, and either keep the income-tax estimate or replace it with your real number — see the note next to that field above. The breakdown shows exactly where each rupee of your CTC goes.
The formula, explained
wages = max(current Basic+DA, 50% × monthly CTC) // new labour code floor pf_wage_base = min(wages, ₹15,000) // statutory PF ceiling employee_pf = employer_pf = 12% × pf_wage_base gross_monthly_payout = monthly_CTC − employer_pf net_take_home = gross_monthly_payout − employee_pf − professional_tax − income_tax
Worked example — ₹9,00,000 CTC, Basic + DA ₹25,000
- Monthly CTC: ₹75,000. Wage floor: max(₹25,000, 50% × ₹75,000) = ₹37,500.
- PF wage base: min(₹37,500, ₹15,000) = ₹15,000 (capped) → Employee/Employer PF = ₹1,800 each.
- Gross monthly payout: ₹75,000 − ₹1,800 = ₹73,200.
- Estimated income tax: ₹0 (annual salary income of ₹8,03,400 falls under the new-regime rebate threshold).
- Net take-home: ₹73,200 − ₹1,800 − ₹200 (PT) − ₹0 = ₹71,200/month.
Worked example — ₹18,00,000 CTC, Basic + DA ₹50,000
- Monthly CTC: ₹1,50,000. Wage floor: max(₹50,000, 50% × ₹1,50,000) = ₹75,000.
- PF wage base: min(₹75,000, ₹15,000) = ₹15,000 (capped) → Employee/Employer PF = ₹1,800 each.
- Gross monthly payout: ₹1,50,000 − ₹1,800 = ₹1,48,200.
- Estimated income tax: annual salary income of ₹17,03,400 → roughly ₹12,192/month.
- Net take-home: ₹1,48,200 − ₹1,800 − ₹200 (PT) − ₹12,192 ≈ ₹1,34,008/month.
Notice PF stays flat between the two examples in absolute terms — both wage figures land above the ₹15,000 statutory ceiling, so PF is capped at ₹1,800 either way. The gap between the two take-home figures is almost entirely income tax, which is why getting that number right (or overriding it with your real one) matters more than anything else on this page.
What's modelled, and what isn't
- Modelled: employee PF (12%, ₹15,000 ceiling, new labour code 50% wage floor), professional tax (as a trusted, editable figure), income tax (auto-estimated via the Tax Regime Calculator's own verified engine, fully editable).
- Not modelled — stated, not faked: the employer-side EPS/EPF split; bonus, gratuity provisioning, insurance, and other CTC-only components that vary by employer and often aren't paid out monthly in cash; any specific state's actual professional tax slab (see the Professional Tax Calculator); old-regime tax or deductions in the income-tax estimate (use the Tax Regime Calculator for those and enter the result manually).
See the wage-rule impact in more detail
This calculator focuses on your final take-home number. For a full before/after comparison of how the 50% wage rule reshapes your wages, PF, and gratuity base, see the New Labour Code Salary Calculator.
Situational guides
Worked-out detail for the questions people actually ask about their in-hand salary:
- CTC vs gross salary vs in-hand salary — what each of the three numbers actually means, and which parts of your CTC you'll never see as cash.
- Why in-hand salary is less than the offer letter — five reasons your bank credit is smaller than CTC ÷ 12.
- How TDS is calculated on monthly salary — the annualised-estimate mechanism, and why it changes after a raise or a late investment proof.
- In-hand salary at different CTC levels — the actual pattern across five CTC bands, not just a table of numbers.
FAQ
Take-home = CTC minus employer PF (which never reaches you) minus employee PF, professional tax, and income tax (which are deducted from what you're actually paid). Employer PF comes out first because it's part of your CTC package but never lands on your payslip at all.
Not directly — it doesn't change your total gross pay. What it changes is your PF wage base: if your Basic + DA was structured below 50% of your CTC, the rule tops it up for statutory purposes, which can raise your employee PF deduction. A higher PF deduction is what actually lowers take-home, not the wage rule itself.
PF is calculated on your wages capped at the ₹15,000/month statutory ceiling. If your wages were already above ₹15,000 before the wage-rule top-up, and stay above it after, your PF is capped at the same amount either way — the rule only changes your PF if it moves your wage base across that ₹15,000 line.
It's a starting estimate only — it assumes the new tax regime, the standard deduction, and no other deductions (80C, HRA, home loan interest, etc.). If you're on the old regime or claim any of those, it will understate your real tax. Use the Old vs New Tax Regime Calculator for an accurate number, or enter your actual payslip TDS directly.
Because those parts of CTC vary too much by employer to model honestly — some pay bonuses monthly, some annually or not at all; insurance premiums and gratuity provisioning are rarely paid out in cash at all. Rather than guess, we leave your gross payout as CTC minus employer PF and say so plainly — see "what's modelled, and what isn't" on this page.
It depends on your state. Several states — including Delhi, Haryana, Uttar Pradesh, Rajasthan, Uttarakhand, Himachal Pradesh, and Goa — charge none at all. States that do charge it (Maharashtra, Karnataka, West Bengal, and others) commonly cap it at ₹200/month at the top slab, within the constitutional ₹2,500/year limit. Check your payslip, or zero out the field if your state doesn't charge it.
Formula last verified: 13 Aug 2026
Sources: EPF Scheme, 2026 (notified 29 Jun 2026 under the Code on Social Security, 2020) for PF rate/ceiling; Code on Wages, 2019 for the 50% wage rule; Article 276(2) of the Constitution for the professional tax cap; income-tax figures computed via this site's own verified Old vs New Tax Regime Calculator engine.
This is an indicative estimate. It does not model the employer-side EPS/EPF split, bonus/gratuity-provisioning/insurance components of CTC that vary by employer and often aren't paid out monthly, or any specific state's professional tax slab. The pre-filled income-tax figure assumes the new regime with no deductions — it is very likely wrong if you're on the old regime or claim deductions; replace it with your own figure. Confirm your exact in-hand salary with your employer's payroll team or a qualified professional before relying on this for financial decisions.