Frequently Asked Questions
In-hand salary = CTC − Employee PF (12% of basic) − Professional Tax (₹200/month in most states) − Income Tax (TDS). Your employer deducts these before crediting salary.
Typically 40–50% of CTC. A higher basic means higher PF contribution but also higher HRA eligibility.
Yes, HRA is paid as part of in-hand salary. However, the exempt portion reduces your taxable income if you pay rent.
₹50,000 standard deduction is allowed under the old tax regime. Under the new regime (default from FY 2024-25), ₹75,000 is allowed.
Depends on your deductions. If you claim HRA + 80C + NPS, old regime is often better. Use this calculator to compare both.