Salary & Tax Calculators India 2025-26

BangaloreMumbaiDelhiHyderabadPuneChennai

₹15.00 L per year

Monthly In-Hand Salary

₹1,02,599

After PF, Tax & Professional Tax

Monthly Breakdown

Gross Salary
₹1,16,595
Employee PF (12% of basic)
− ₹6,000
Professional Tax (2400/yr)
− ₹200
TDS (Income Tax)
− ₹7,796
Take-Home (Net)
₹1,02,599

Annual CTC Split

Basic Salary40% of CTC
₹6,00,000
HRA50% of basic
₹3,00,000
Special Allowance
₹4,99,140
Employer PF
₹72,000
Gratuity
₹28,860
Annual Gross
₹13,99,140

💡 New Regime saves you more

You save ₹54,573/year by choosing the New Tax Regime.

Monthly Salary Breakdown

In-Hand Salary Calculator India

Convert CTC to actual take-home. Accounts for PF, professional tax, TDS, HRA, and all deductions. Supports all Indian cities including Bangalore, Mumbai, Delhi, Hyderabad, Pune.

Old vs New Tax Regime

Under Budget 2024, the New Regime has a ₹75,000 standard deduction and a nil-tax slab up to ₹7 Lakh. Compare both regimes side-by-side for FY 2025-26 to choose what saves you more.

HRA Exemption Calculator

Calculate HRA exemption under the Old Tax Regime. Metro cities (Mumbai, Delhi, Kolkata, Chennai) get 50% of basic; other cities get 40%. Three-condition minimum applies.

Gratuity Calculator India

Gratuity = (Basic+DA × 15 × Years) ÷ 26. Applicable after 5 continuous years of service. Maximum statutory gratuity: ₹20 Lakh (fully tax-exempt).

EPF Calculator

Employee contributes 12% of basic to EPF. Employer contributes 12% — split as 3.67% to EPF and 8.33% to EPS. Current EPF interest rate: 8.25% (FY 2023-24).

PPF Calculator 2025

PPF interest rate is 7.1% p.a. (Q1 2025). EEE status — investment (80C up to ₹1.5L), interest, and maturity are all completely tax-free. Minimum lock-in: 15 years.

Frequently Asked Questions

How is in-hand salary calculated from CTC?

In-hand salary = CTC − Employer PF (12% of basic) − Gratuity (4.81% of basic) − Employee PF (12% of basic) − Professional Tax − Income Tax (TDS). The remaining amount is your monthly take-home.

Which tax regime is better — old or new?

For FY 2025-26, the New Regime is generally better if your total deductions (80C + 80D + HRA + others) are less than ₹3.75 Lakh. If you have a home loan, invest ₹1.5L in 80C, and pay high rent — the Old Regime may save more. Use our calculator to compare both.

What is the professional tax in Bangalore and Mumbai?

Both Karnataka (Bangalore) and Maharashtra (Mumbai, Pune) charge ₹2,400/year as Professional Tax. Delhi, Gujarat, Rajasthan, and UP have no professional tax.

Is gratuity taxable in India?

Gratuity up to ₹20 Lakh is fully tax-exempt for private sector employees under Section 10(10)(ii) of the Income Tax Act. Amount above ₹20 Lakh is taxable as salary income.

What is the EPF interest rate for FY 2024-25?

The EPFO declared an interest rate of 8.25% for FY 2023-24. The rate for FY 2024-25 is expected to be similar; update the field in our calculator when announced.

How much can I invest in PPF per year?

You can invest between ₹500 and ₹1,50,000 per year in PPF. The current interest rate is 7.1% per annum (Q1 2025). PPF enjoys EEE (Exempt-Exempt-Exempt) tax status — fully tax-free.

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All calculations are based on Income Tax Act provisions for FY 2025-26. Figures are estimates and may vary based on individual circumstances. Consult a Chartered Accountant for personalised tax advice. ResumeWorlds does not provide tax filing services.