Enter the earnings and employee deductions shown on your salary structure or payslip. The calculator combines basic salary, HRA, other monthly allowances, and annual bonus, then subtracts estimated FY 2026-27 income tax and payroll deductions to show monthly and annual take-home salary.
What this take-home salary calculator shows
- Average monthly gross salary, including annual bonus spread across 12 months.
- Estimated annual income tax under the selected old or new tax regime.
- Annual employee EPF, professional tax, and other payroll deductions.
- Estimated monthly and annual take-home salary.
The result is a planning estimate. Actual monthly credits can change when a bonus is paid, TDS is adjusted, an unpaid-leave deduction applies, or a payroll component changes during the year.
How take-home salary is calculated
The calculator first builds annual gross salary from the entered earnings:
Take-home salary formula
Annual gross salary = 12 x (monthly basic + monthly HRA + monthly allowances) + annual bonus
Annual take-home salary = annual gross salary – estimated income tax – employee payroll deductions
Average monthly take-home salary = annual take-home salary / 12
Employee payroll deductions include the EPF, professional tax, and other recurring deductions entered in the calculator. They do not include employer-side contributions that never form part of cash salary.
For example, monthly basic pay of Rs. 50,000, HRA of Rs. 20,000, and other allowances of Rs. 30,000 produce annual gross salary of Rs. 12 lakh. Under the new regime, the Rs. 75,000 standard deduction reduces ordinary taxable salary to Rs. 11.25 lakh, so the eligible Section 87A rebate reduces the estimated tax to zero. After employee EPF of Rs. 6,000 and professional tax of Rs. 200 a month, estimated take-home salary is Rs. 93,800 a month, or Rs. 11,25,600 a year.
FY 2026-27 income-tax assumptions
The tax estimate uses the same ordinary-income rules as Paisaseed’s income tax calculator. It applies the salaried standard deduction of up to Rs. 75,000 under the new regime or Rs. 50,000 under the old regime, the normal slab rates, eligible Section 87A rebate, new-regime marginal relief near Rs. 12 lakh, and 4% health and education cess.
Other ordinary income affects estimated annual tax but is not added to gross salary or take-home pay. This lets you account for slab-rate income such as bank interest while keeping the salary result separate.
Under the old regime, enter only deductions and exemptions you can legally claim. If employee EPF qualifies within your Section 80C limit, include the eligible amount in the old-regime deductions field as well as in the EPF payroll field: the payroll field reduces cash pay, while the tax field reduces taxable income. Calculate an eligible rent exemption separately with the HRA exemption calculator before including it.
The rules are based on the Income Tax Department employee-benefits guidance and the official Budget slab announcement, checked on 27 July 2026.
Gross salary, take-home salary, and CTC
Gross salary in this calculator is the total of the entered employee earnings before tax and payroll deductions. Take-home salary is the amount left after the calculator subtracts estimated employee-side deductions.
Cost to company can be higher than gross salary because it may include employer EPF, gratuity provision, insurance, stock benefits, joining or retention payments, and other benefits that are not paid as monthly cash. Do not enter employer contributions as employee deductions. Use the earnings and deductions sections of the salary structure instead of relying only on the headline CTC.
Important exclusions
Do not rely on this estimate for income above Rs. 50 lakh or where tax depends on capital gains, crypto assets, lottery or gaming winnings, foreign income, agricultural-income rate integration, surcharge, arrears relief, perquisites, employee stock options, or other special-rate items.
The calculation also excludes employer contributions, gratuity, leave encashment, reimbursements, variable monthly attendance, unpaid leave, payroll rounding, TDS already deducted, advance-tax credits, and filing adjustments. Verify the final result against the employer’s salary structure, Form 16, and current tax rules.
Common questions
Is take-home salary the same every month?
Not always. Bonus timing, variable pay, TDS adjustments, professional-tax schedules, leave deductions, and payroll corrections can make one month’s bank credit different from the annual average shown here.
Should I enter CTC as gross salary?
No. Enter employee earnings such as basic pay, HRA, taxable allowances, and bonus. Exclude employer PF, gratuity provision, and insurance unless they are actually paid to you as taxable salary.
Does employee EPF reduce tax automatically?
No. The EPF payroll field reduces take-home cash. If an employee contribution is deductible under the old regime and remains within the applicable Section 80C limit, include the eligible amount in old-regime deductions separately.
Does the calculator include HRA exemption?
It does not calculate the exemption automatically. Use the HRA calculator, then enter the eligible exemption in old-regime deductions. HRA exemption is not available under the new tax regime.
Is the result a payslip or TDS certificate?
No. It does not replace a payslip, Form 16, payroll projection, or income-tax return computation. It provides an annualised estimate from the values entered.
More salary calculators
Use the income tax calculator to compare both regimes side by side, the EPF maturity calculator to project provident-fund accumulation, or the salary budget calculator to plan the amount that reaches your bank account.
