Net Salary / Take-Home Pay Calculator
Frequently Asked Questions
CTC (Cost to Company) is the total amount an employer spends on an employee. Take-home pay is what you actually receive after deductions: EPF contribution, income tax, professional tax, and other deductions. Take-home is typically 65-80% of CTC.
If you have significant deductions (HRA, 80C investments, home loan interest), the old regime often saves more tax. If you have fewer deductions, the new regime's lower rates are usually better. Use this calculator to compare both and choose the lower tax option.
The standard deduction of ₹50,000 is available to all salaried employees in both old and new tax regimes. It's automatically deducted from gross salary before calculating taxable income — no proof needed.
Professional tax is a state-level tax deducted by employers. The maximum is ₹2,500/year (₹200/month). Not all states levy professional tax — states like Maharashtra, Karnataka levy it while UP, Rajasthan do not.