Salary calculator — CTC to monthly in-hand, both regimes.
Paste your CTC from the offer letter. Decide basic % + HRA %. We show in-hand under both old and new tax regimes side-by-side — with all the hidden FY26 mechanics (₹12L 87A rebate with marginal relief, ₹75k new-regime standard deduction, HRA least-of-three, 12% employee PF, ₹200/month professional tax).
Your CTC structure
These only reduce old-regime tax. New regime ignores them.
CTC structure breakdown (annual)
- Basic salary
- ₹6.00 L
- HRA
- ₹3.00 L
- Special allowance
- ₹4.99 L
- Employer PF (in CTC)
- ₹72,000
- Gratuity accrual
- ₹28,860
- Taxable gross
- ₹13.99 L
Monthly deductions
- Employee PF
- ₹6,000
- Professional tax
- ₹200
- Income tax (new)
- ₹4,519
What's in a typical Indian CTC
- Basic salary (30–50%) — the foundation for HRA, PF, gratuity calculations.
- HRA (40% of basic non-metro, 50% metro) — tax-free under sec 10(13A) if you pay rent.
- Special allowance / bonus / LTA — taxable residual.
- Employer PF (12% of basic) — part of CTC, goes to your EPF account, tax-free up to ₹2.5L/yr.
- Gratuity accrual (4.81% of basic) — in CTC but only paid at ≥5 yrs service.
- Variable / bonus — usually 10-25% of CTC, paid annually on performance.
Some companies inflate CTC with items like insurance premium, meal cards, and phone allowance. These reduce visible in-hand but may have real value if used.
New regime vs old regime — the cheat sheet
- Income ≤ ₹12L — new regime wins, tax = 0. Always. No exceptions.
- ₹12L – ₹15L — new almost always wins unless you have ₹3L+ in deductions.
- ₹15L – ₹25L — the crossover band. Old wins if you have ₹4-5L+ in combined 80C/80D/HRA/NPS(1B)/home loan interest.
- > ₹25L — mostly old wins if you max out all deductions (≥₹6L). Otherwise new.
Switch regime each year based on your actual deductions — not locked in. Salaried employees can switch anytime at return filing.
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Research tool · not investment advice.
Axel Markets is an information + analytics product. We are not a SEBI-registered Research Analyst (RA) or Investment Adviser (IA). Nothing on this page is a buy, sell, or hold recommendation. Past performance is not indicative of future returns. Verify all data against the authoritative source (NSE, BSE, AMFI, SEBI, company RHP / factsheet) before acting. CTC structures vary by employer. Gratuity, variable, and stock RSU vesting are often NOT counted in in-hand. This calculator gives a reasonable approximation — for an exact number use your company's final payroll slip.