Take-Home Salary Calculator — AY 2026-27

A simplified estimate of your monthly in-hand pay for Assessment Year 2026-27, after income tax, your employee PF contribution and professional tax. This is a ballpark for planning — your real take-home depends on how your employer structures your CTC. Everything runs in your browser.

How the estimate is built

Starting from your annual gross salary, the calculator subtracts three things:

• Income tax — under the New regime, taxable income is max(0, gross − ₹75,000 standard deduction). Under the Old regime, taxable income is max(0, gross − ₹50,000 standard deduction − professional tax − employee PF), because your employee PF counts towards Section 80C (capped at ₹1.5 lakh) and professional tax is deductible under Section 16(iii). Then MTL.tax.calcTax(taxable, regime) applies the slabs, 87A rebate, surcharge and 4% cess.
• Employee PF — 0.12 × Basic, your own EPF contribution.
• Professional tax — a flat ₹2,400 a year (it actually varies by state, and a few states do not levy it at all).

Then annual in-hand = gross − tax − employee PF − 2,400, and the monthly figure is that divided by 12.

Why your payslip will differ

This is deliberately a simplified illustration. Your real in-hand depends on how your CTC is divided into Basic, HRA and other allowances, your employer's PF policy, gratuity, bonuses, NPS, insurance premiums and the exact professional tax in your state. Two people on the same CTC can take home different amounts. Use this to plan, not to predict your payslip to the rupee. For the tax half of the calculation, the Income Tax Calculator shows both regimes side by side.

Higher take-home means lower tax

Because income tax is the largest variable subtraction for most salaries, the regime with the lower tax usually leaves more in your hand. Switch the regime selector above to compare, or use the Old vs New Regime Calculator for a deduction-aware comparison. For the salary fundamentals, see the guide for salaried employees and standard deduction & salary exemptions.

Frequently asked questions

How is take-home salary estimated here?

This calculator subtracts three things from your annual gross salary: income tax for AY 2026-27 (after the standard deduction and the Section 87A rebate; for the Old regime, employee PF up to the ₹1.5 lakh 80C cap and professional tax are also deducted from taxable income), your employee EPF contribution of 12% of Basic, and a flat ₹2,400 professional tax. The result is divided by 12 for a monthly figure. It is a simplified illustration — your real take-home depends on your employer's CTC structure.

Why does my actual in-hand differ from this estimate?

Real take-home depends on how your CTC is split — allowances, employer PF, gratuity, bonuses, NPS, food coupons, insurance and the exact professional tax in your state all change the number. This tool uses simplified assumptions (PF at 12% of Basic, flat ₹2,400 professional tax) so it will rarely match your payslip to the rupee. Treat it as a ballpark, not a guarantee.

Which regime should I pick for the highest take-home?

Lower income tax means higher take-home, so the regime with the lower tax usually gives more in hand. The New regime is the default for AY 2026-27 and often wins when you have few deductions; the Old regime can win if you claim large deductions. Try both in this calculator, or use the Old vs New Regime Calculator to compare.

Is employer PF included in this calculation?

No. This estimate subtracts only the employee EPF contribution (12% of Basic) from your gross, because that is what reduces your in-hand pay. The employer's matching PF contribution is part of your CTC but is paid on top and is not deducted from your salary, so it does not appear here.