Quick answer
On a ₹12 lakh CTC, monthly in-hand salary is about ₹93,795 under the new regime for FY 2026-27. This assumes basic is 50% of CTC (the minimum under the labour codes), PF on the ₹15,000 wage ceiling, gratuity inside CTC and ₹2,400 professional tax. Income tax is ₹0, because the ₹12 lakh rebate covers most of it.
Key takeaways
- CTC includes employer PF and gratuity, which you do not receive monthly.
- Since the labour codes took effect (21 Nov 2025), basic + DA must be at least 50% of pay. That raises PF and gratuity, and can lower take-home.
- Ask HR whether PF is on the full basic or capped at ₹15,000. It changes take-home a lot.
How CTC becomes in-hand salary
In-hand = CTC − Employer PF − Gratuity − Employee PF − Professional tax − Income tax- Gratuity provision = 4.81% of basic
- PF = 12% of basic (or of ₹15,000 if capped)
In-hand salary for common CTCs
| Annual CTC | Monthly in-hand | Annual tax |
|---|---|---|
| ₹5,00,000 | ₹36,865 | ₹0 |
| ₹8,00,000 | ₹61,263 | ₹0 |
| ₹10,00,000 | ₹77,529 | ₹0 |
| ₹12,00,000 | ₹93,795 | ₹0 |
| ₹15,00,000 | ₹1,10,819 | ₹88,500 |
| ₹18,00,000 | ₹1,31,151 | ₹1,37,300 |
| ₹25,00,000 | ₹1,74,752 | ₹2,97,250 |
| ₹30,00,000 | ₹2,02,975 | ₹4,46,550 |
| ₹50,00,000 | ₹3,14,884 | ₹10,55,540 |
Frequently asked questions
What is the in-hand salary for ₹10 LPA?
About ₹77,529 a month under the new regime, with basic at 50% of CTC and PF on the ₹15,000 ceiling. With PF on full basic it is about ₹71,129.
Why is my in-hand salary so much lower than CTC ÷ 12?
CTC includes employer PF, gratuity and sometimes insurance or variable pay, none of which reach you monthly. Your own PF, professional tax and TDS are then deducted from gross salary.
Is variable pay included?
This calculator assumes the whole CTC is fixed. If part of your CTC is a performance bonus, subtract it from CTC to see your guaranteed monthly pay.
Sources & methodology
Formulas follow the standard methods used by Indian banks, fund houses and government schemes. Rates and tax rules were checked against official sources on 1 October 2026. Read our methodology.
This calculator gives an estimate for planning purposes. Actual returns, tax and eligibility depend on your situation and on product terms. It is not financial advice.