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Finance / India Tax
Estimate what actually lands in your bank account each month from a CTC figure, after PF, income tax, and professional tax, for FY 2025-26.
Starting from annual CTC (cost to company), this calculator subtracts the employee's own Provident Fund contribution (a chosen % of full CTC, a simplification — real PF rules base the contribution on basic salary only, not full CTC) to get gross pay after PF. It then computes income tax on that figure under your chosen regime (standard deduction, slab rates, Section 87A rebate, 4% cess — see the Income Tax Calculator for the full model) and subtracts Maharashtra's professional tax slab (used as a representative state; see the Professional Tax Calculator) on the monthly-equivalent of that gross pay. What's left, divided by 12, is the estimated monthly take-home. Simplifications stated explicitly: this excludes the employer's own PF contribution (which is part of CTC but never reaches your bank account either way), excludes any other CTC components like gratuity accrual, insurance, or variable pay that a real payslip would break out separately, does not model the surcharge above ₹50L income, and assumes Maharashtra's professional tax slab regardless of your actual state. Figures reflect FY 2025-26 rules.
This calculator models the three biggest deductions — employee PF, income tax, and professional tax — but a real payslip often has more line items: employer PF (which never reaches your bank account regardless), gratuity accrual, group insurance premiums, meal or fuel allowances, and variable/bonus pay handled separately. It also assumes Maharashtra's professional tax slab and doesn't subtract old-regime deductions like Section 80C or HRA.
In reality, employee PF is 12% of basic salary (or a statutory wage ceiling, whichever applies), not 12% of full CTC. This calculator simplifies PF as a percentage of full CTC for ease of input — a stated approximation, not the exact EPFO rule.
Pick whichever regime you actually file under. If you're not sure which is better, use the Old vs New Tax Regime Calculator first — this calculator will always show a lower take-home under the old regime unless you also account for deductions like 80C or HRA that it doesn't model.