CTC vs In-hand Salary: Why Your Take-home Pay Is Lower
💼Try the free in-hand salary calculatorNo download, works on your phoneYour offer letter shows CTC, but your bank gets less every month. Here is where the difference goes.
What is deducted
- Employer PF and gratuity: part of CTC, but not paid to you monthly
- Your PF: usually 12% of basic salary
- Professional tax: a small state tax, up to ₹2,500 a year
- Income tax (TDS)
New tax regime, FY 2026-27
- Standard deduction of ₹75,000 for salaried people
- No tax if taxable income is up to ₹12 lakh (because of the section 87A rebate)
- Above that, slabs from 5% to 30%, plus 4% cess
Find your monthly take-home with the in-hand salary calculator, then plan your month with the Monthly Family Budget Planner.
Estimates only. Your payslip may differ because of allowances and other deductions.
Free Monthly Budget Sheet
A printable one-page budget sheet: income, fixed bills, daily spending and savings for the month. Print it or fill it on your phone.
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