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Free Salary & Gratuity Calculator India 2026 – Calculate Take Home Salary Instantly
Calculate your exact in-hand salary from CTC with full PF, professional tax, and income tax breakdown. Includes old vs new tax regime comparison, HRA exemption, and a complete gratuity calculator with the 15/26 formula. Free, instant, no login required.
✅ No Login Required⚡ Instant Calculation🧮 Old & New Regime📊 Full CTC Breakup🎁 Gratuity Calculator🏛️ State-wise PT
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Monthly Take-Home
₹84,058
₹10,08,694 per year
Monthly Earnings
Basic Salary
₹40,000HRA
₹20,000Special Allowance
₹33,276Gross Monthly₹93,276
Monthly Deductions
Employee PF (12%)− ₹4,800
Professional Tax− ₹200
Income Tax (TDS)− ₹4,218
Total Deductions− ₹9,218
CTC Composition (Annual)
Gross Salary₹11,19,312
+ Employer PF₹57,600
+ Gratuity Provision₹23,088
= Total CTC₹12,00,000
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CTC vs Gross Salary vs Net Salary — The Exact Difference
Most Indian employees receive an offer letter stating CTC (Cost to Company) but see a very different figure in their bank account. Here is exactly how the three numbers relate:
Salary Calculation Flow
CTC (₹12,00,000/year)
− Employer PF contribution (12% of basic = ₹57,600)
− Gratuity provision (4.81% of basic = ₹23,088)
= Gross Salary (₹11,19,312/year = ₹93,276/month)
− Employee PF (12% of basic = ₹57,600/year)
− Professional Tax (₹2,400/year in Maharashtra)
− Income Tax TDS (approx. ₹47,000/year at new regime)
= Net / In-Hand (approx. ₹84,026/month)
For this ₹12L CTC example, the take-home is approximately ₹84,000/month — 30% less than the CTC figure. Use our percentage calculator to verify any deduction percentages, and the EMI calculator to determine what home loan your in-hand salary can comfortably support.
In-Hand Salary for All CTC Brackets — India 2026
Approximate monthly in-hand salary under the new tax regime, assuming basic = 40% of CTC, Maharashtra professional tax:
| Annual CTC | Gross/Month | PF/Month | TDS/Month | In-Hand/Month | % of CTC |
|---|---|---|---|---|---|
| ₹3 LPA | ₹22,500 | ₹1,440 | ₹0 | ₹20,660 | 83% |
| ₹5 LPA | ₹37,500 | ₹2,400 | ₹0 | ₹34,700 | 83% |
| ₹7 LPA | ₹52,500 | ₹3,360 | ₹0 | ₹48,740 | 83% |
| ₹10 LPA | ₹75,000 | ₹4,800 | ₹2,200 | ₹67,500 | 81% |
| ₹15 LPA | ₹1,12,500 | ₹7,200 | ₹6,800 | ₹97,900 | 78% |
| ₹20 LPA | ₹1,50,000 | ₹9,600 | ₹13,500 | ₹1,25,700 | 75% |
| ₹25 LPA | ₹1,87,500 | ₹12,000 | ₹21,200 | ₹1,52,900 | 73% |
| ₹30 LPA | ₹2,25,000 | ₹14,400 | ₹29,000 | ₹1,80,400 | 72% |
* Approximate. Actual values vary by salary structure, state, and declared investments. Use the calculator above for your exact figures.
Gratuity Calculator India 2026 — Complete Guide
Gratuity is a statutory benefit mandated by the Payment of Gratuity Act, 1972. Every employer with 10 or more employees must pay gratuity to eligible employees. It is a significant component of retirement benefits that many employees overlook during salary negotiations.
Gratuity Formula (Covered Employees)
Gratuity = (15 × Last Basic+DA × Completed Years) ÷ 26
15 = days of wages per year of service
26 = working days in a month (26 days, excluding Sundays)
Months ≥ 6 are rounded up to the next year
| Basic+DA/Month | 5 Years | 10 Years | 15 Years | 20 Years | 25 Years |
|---|---|---|---|---|---|
| ₹20,000 | ₹57,692 | ₹1,15,385 | ₹1,73,077 | ₹2,30,769 | ₹2,88,462 |
| ₹30,000 | ₹86,538 | ₹1,73,077 | ₹2,59,615 | ₹3,46,154 | ₹4,32,692 |
| ₹50,000 | ₹1,44,231 | ₹2,88,462 | ₹4,32,692 | ₹5,76,923 | ₹7,21,154 |
| ₹75,000 | ₹2,16,346 | ₹4,32,692 | ₹6,49,038 | ₹8,65,385 | ₹10,81,731 |
| ₹1,00,000 | ₹2,88,462 | ₹5,76,923 | ₹8,65,385 | ₹11,53,846 | ₹14,42,308 |
Old Tax Regime vs New Tax Regime 2026 — Which Saves More?
🆕 New Tax Regime (Default)
2026-27 Tax Slabs
Up to ₹3LNil
₹3L–₹7L5%
₹7L–₹10L10%
₹10L–₹12L15%
₹12L–₹15L20%
Above ₹15L30%
✓ Standard deduction: ₹75,000
✓ Rebate u/s 87A: zero tax up to ₹7L income
✗ No 80C, HRA, home loan, 80D
📋 Old Tax Regime
2026-27 Tax Slabs
Up to ₹2.5LNil
₹2.5L–₹5L5%
₹5L–₹10L20%
Above ₹10L30%
✓ 80C deductions up to ₹1.5L
✓ HRA exemption for rent payers
✓ Home loan interest up to ₹2L (Sec 24b)
✓ 80D medical insurance up to ₹25K
| Annual Income | New Regime Tax | Old Regime Tax* | Better Regime |
|---|---|---|---|
| ₹7 Lakh | ₹0 (rebate) | ₹25,000 | 🆕 New |
| ₹10 Lakh | ₹54,600 | ₹72,500 | 🆕 New |
| ₹12 Lakh | ₹83,200 | ₹82,500 | 📋 Old |
| ₹15 Lakh | ₹1,45,600 | ₹1,32,500 | 📋 Old |
| ₹20 Lakh | ₹2,96,400 | ₹2,82,500 | 📋 Old |
| ₹25 Lakh | ₹4,46,400 | ₹4,32,500 | 📋 Old |
*Old regime assumes 80C (₹1.5L) + HRA (₹80K) + 80D (₹25K) deductions. Actual savings vary.
HRA, PF, and Allowances — How Each Component Affects Your Take-Home
🏠
HRA (House Rent Allowance)
- •Typically 40–50% of basic salary
- •Metro city employees get 50% of basic HRA
- •Non-metro get 40% of basic
- •Fully taxable if you live in your own home or don't pay rent
- •Can save ₹50,000–2,00,000/year in tax if you pay rent (old regime only)
- •Submit rent receipts to HR by December each year
💼
Employee Provident Fund (PF)
- •Employee contributes 12% of basic each month
- •Employer matches with another 12% (included in CTC)
- •Current EPF interest rate: 8.15% p.a. (FY2025-26)
- •Withdrawable after 2 months of unemployment
- •Tax-free on withdrawal after 5 years
- •VPF (Voluntary PF) lets you contribute more with same tax benefits
📈
DA (Dearness Allowance)
- •Primarily applicable for government employees
- •Revised twice yearly (January and July) for central govt employees
- •Currently 50% of basic for central govt employees
- •Private sector companies rarely offer DA
- •Fully taxable — no exemption available in either regime
- •Included in gratuity calculation (Basic + DA)
⚙️
Special Allowance
- •Balancing component — makes up remaining CTC after all components
- •Fully taxable in both old and new tax regimes
- •No exemption available
- •Companies maximize this when offering higher CTC to reduce structured benefits
- •Shows as "Special Allowance" or "Flexible Component" on salary slip
- •No PF deduction on special allowance (unless VPF opted)
Frequently Asked Questions — Salary & Gratuity Calculator
What is in-hand salary and how is it calculated?
In-hand salary (take-home pay) is the amount credited to your bank account after all deductions. Formula: In-hand = Gross Salary − Employee PF (12% of basic) − Professional Tax − Income Tax (TDS). Gross Salary = CTC − Employer PF (12% of basic) − Gratuity Provision (4.81% of basic). For a ₹10L CTC with ₹4L basic: Gross ≈ ₹8.85L, and in-hand ≈ ₹6.8–7.2L depending on tax regime and state.
What is gratuity in India?
Gratuity is a statutory benefit paid by an employer to an employee as a token of appreciation for their long service. It is governed by the Payment of Gratuity Act, 1972. An employee becomes eligible for gratuity after completing 5 years of continuous service with the same employer. It is payable at the time of retirement, resignation, termination, or death/disablement.
How is gratuity calculated in India 2026?
For employees covered under the Gratuity Act: Gratuity = (15 × Last Drawn Basic+DA × Years of Service) ÷ 26. For employees not covered: Gratuity = (15 × Last Drawn Basic+DA × Years of Service) ÷ 30. Example: Basic+DA = ₹50,000/month, 8 years of service → Gratuity = (15 × 50,000 × 8) ÷ 26 = ₹2,30,769. Years are rounded up to the next full year if additional months ≥ 6.
Who is eligible for gratuity?
Eligibility for gratuity requires: (1) Minimum 5 years of continuous service with the same employer. (2) The employer must have 10 or more employees (smaller employers may still pay voluntarily). Exceptions: gratuity is payable before 5 years in cases of death or disablement due to accident or disease — the legal heir or nominee receives the amount.
Is gratuity taxable in India?
Gratuity is tax-exempt up to ₹20 lakh for employees covered under the Payment of Gratuity Act (private sector). For government employees, gratuity is fully tax-exempt with no upper limit. Any amount above ₹20 lakh is added to income and taxed at the applicable slab rate. The exemption is available under Section 10(10) of the Income Tax Act.
What is the difference between CTC, Gross Salary, and Net Salary?
CTC (Cost to Company) is the total annual cost the employer incurs for you — includes your gross salary + employer PF (12% of basic) + gratuity provision (4.81% of basic) + any other benefits. Gross Salary is what you earn before employee-side deductions — CTC minus employer PF and gratuity. Net Salary (In-Hand) is what reaches your bank account — Gross minus employee PF, professional tax, and income tax.
Which tax regime is better — old or new?
The new regime is typically better if your total deductions under the old regime are less than ₹3.75 lakh. The old regime is better if you have significant deductions: 80C investments (₹1.5L) + HRA exemption (₹80K–2L) + home loan interest (up to ₹2L) + 80D (₹25K) adding up to ₹4L+. For most salaried employees with a home loan in a metro city, the old regime can still save ₹50,000–1,50,000 in tax annually.
Is PF deducted from in-hand salary?
Yes — Employee PF (12% of basic salary) is deducted from your gross salary each month. The employer also contributes 12% but this is an additional cost and goes directly to your EPF account. If your basic salary exceeds ₹15,000/month, PF deduction above this threshold is voluntary — you and your employer can mutually agree to limit PF to ₹15,000 basic, increasing your in-hand.
What is professional tax and does it apply to everyone?
Professional tax is a state government levy on salaried employees. Maharashtra (₹2,400/yr), Karnataka (₹2,400/yr), Tamil Nadu (₹2,496/yr), and West Bengal (₹2,400/yr) charge it. States like Delhi, Haryana, Rajasthan, UP, Bihar, and Jharkhand do not charge professional tax. It is deductible from your taxable income and is paid by the employer on your behalf (deducted from salary).
How much gratuity will I get for 10 years of service?
For 10 years of service under the Gratuity Act: Gratuity = (15 × Basic+DA × 10) ÷ 26. Examples: Basic ₹30,000 → Gratuity = ₹1,73,077. Basic ₹50,000 → Gratuity = ₹2,88,462. Basic ₹1,00,000 → Gratuity = ₹5,76,923. All three are tax-free since they are below ₹20 lakh.
More Salary & Gratuity Calculators
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💰Gratuity Calculator for 5 Years
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💰Gratuity for Private Employees
💰Salary Calculator for Freshers India
💰HRA Exemption Calculator
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