CTC to In-Hand

CTC (Cost to Company) is the total amount a company spends on you annually, including your salary, PF contributions, gratuity, and other benefits. Your in-hand (take-home) salary is what actually gets credited to your bank after all deductions like employee PF, professional tax, and income tax.

The New Regime (default from FY 2023-24) has lower slab rates but no deductions. The Old Regime allows deductions like 80C (₹1.5L), HRA exemption, and 80D. If your total deductions exceed ₹3.75 lakh, the Old Regime usually saves more tax.

PF is mandatory if your basic salary is below ₹15,000/month and your employer has 20+ employees. If your basic exceeds ₹15,000, PF contribution is optional but you can voluntarily continue at 12% of basic.

HRA exemption is the lowest of: (1) actual HRA received, (2) 50% of basic for metro / 40% for non-metro, or (3) rent paid minus 10% of basic salary. This tool uses the standard method — use the dedicated HRA calculator for detailed rent-based exemption.

Yes. The calculator uses the latest FY 2025-26 income tax slabs for both New and Old regimes, including the ₹12 lakh tax-free limit under the new regime after Section 87A rebate.