- How do I calculate in-hand salary from CTC in India?
- Strip the parts of CTC that never reach your bank (employer PF, gratuity, variable pay), which leaves your gross salary. Then subtract your own deductions: employee PF (12% of basic, often capped at ₹1,800/month), income tax per the FY 2025-26 slabs, and professional tax (~₹200/month in most states). What remains ÷ 12 is your monthly in-hand. This calculator does exactly that and shows every intermediate number.
- What is the TCS Ninja in-hand salary for the ₹3.36 LPA package?
- Candidate payslips documented in PapersAdda's TCS salary brief report ₹21,000–₹23,500 per month. A clean statutory model — PF and professional tax only, with zero income tax at this CTC under the FY 2025-26 new regime — lands near ₹24,500. Company-specific deductions (health insurance premia, welfare trust contributions) explain the gap, so treat the payslip-reported range as the realistic one.
- Why is my monthly in-hand so much less than CTC divided by 12?
- Because CTC is the employer's total cost, not your salary. Employer PF (12% of basic) and gratuity (4.81% of basic) sit inside the CTC figure but go to your retirement corpus, not your bank. Variable pay is annual and rating-linked. Then your own PF, income tax, and professional tax come off the remainder. On a ₹4 LPA services offer the monthly bank credit is typically 70–80% of CTC/12.
- Is income tax really zero up to ₹12 lakh in FY 2025-26?
- Yes — under the new regime, the §87A rebate wipes the full tax liability when taxable income (gross salary minus the ₹75,000 standard deduction) is ₹12,00,000 or less, so a salary of roughly ₹12.75 LPA can pay zero income tax. Above that, slab tax applies with marginal relief just past the threshold. This is why almost every fresher package in Indian IT services is effectively tax-free today.
- Should a fresher pick the old or the new tax regime?
- For nearly all fresher CTCs the new regime wins: the ₹75,000 standard deduction plus the §87A rebate up to ₹12L taxable means zero tax without filing a single investment proof. The old regime only catches up if you claim large HRA plus 80C deductions — rare in year one. This calculator models the old regime without those claims and labels it as such.