Take Home Calculator
Enter your Basic, HRA, and Special Allowance directly from your offer letter or payslip to see your exact take-home pay under the Old or New tax regime.
Enter the exact figures from your offer letter or payslip.
Guaranteed monthly take-home (fixed pay only)
| Gross Salary (annual) | ₹15,00,000 |
| Employer PF (informational) | ₹90,000 |
| Employee PF (annual) | ₹90,000 |
| Professional Tax (annual) | ₹2,400 |
| Taxable income (annual) | ₹14,25,000 |
| Income tax (annual, incl. cess) | ₹97,500 |
| Annual guaranteed take-home | ₹13,10,100 |
How take-home pay is calculated
Your take-home pay is what's left of your Gross Salary after three deductions: Employee Provident Fund (PF), Professional Tax, and Income Tax. This calculator walks through each one using the same rules payroll teams use.
Gross Salary is Basic + HRA + Special Allowance, the amount actually paid out before deductions. It deliberately excludes Employer PF, which is a company cost that never touches your pay.
Employee PF is 12% of your Basic salary each month, either uncapped or capped at a ₹15,000 wage ceiling depending on your employer's policy.
Income Tax depends on which regime you choose. Under the New regime, taxable income is Gross Salary minus a ₹75,000 standard deduction, with no other deductions allowed. Under the Old regime, taxable income is Gross Salary minus a ₹50,000 standard deduction, HRA exemption, and up to ₹1,50,000 of Section 80C investments (including your Employee PF). Tax is then computed on the applicable slabs, with a full rebate under Section 87A if your taxable income is at or below ₹12,00,000 (New regime) or ₹5,00,000 (Old regime).
Frequently asked questions
Why does this ask for Basic, HRA, and Special Allowance instead of just CTC?
Real offer letters disagree on two things: whether Employer PF is carved out of a stated CTC or added on top of Gross, and whether HRA is 40% or 50% of Basic. Any automatic CTC-to-salary split risks being silently wrong for your specific employer. Entering the exact figures from your offer letter or payslip avoids that risk entirely, and your Gross Salary (Basic + HRA + Special Allowance) is computed for you.
Does Employer PF affect my take-home pay?
No. Employer PF is a cost to your employer, on top of your salary, and is never deducted from your pay. It's shown for reference only, so you can cross-check it against a total CTC figure on your offer letter. Only Employee PF, which is your own money, is deducted from your gross salary.
How is Employee PF calculated?
Employee PF is 12% of your Basic salary. Some employers cap the PF-eligible wage at ₹15,000 per month (the statutory minimum), so the deduction is 12% of ₹15,000 regardless of your actual Basic, while others deduct 12% of your full Basic. Check your payslip to see which rule your employer follows, and select it in the calculator.
What is Professional Tax?
Professional Tax (PT) is a small state-government tax on salaried income, deducted monthly. It varies by state; the calculator defaults to ₹200/month (Karnataka's standard slab), but you can edit or zero it out if your state's rate differs.
Old regime or New regime, which should I pick?
The New regime has lower slab rates and a higher standard deduction (₹75,000 vs ₹50,000), but doesn't allow most deductions like 80C investments or HRA exemption. The Old regime allows those deductions but taxes you at higher slab rates. If you have significant 80C investments or pay high rent relative to your salary, the Old regime often works out cheaper; otherwise the New regime usually wins. Use the Income Tax Calculator to compare both regimes side by side for your exact numbers.
Why isn't variable pay included in my monthly take-home?
Variable pay and commissions aren't guaranteed every month, so including them in a monthly figure would overstate what you can reliably count on. The calculator shows variable pay, after an estimated tax rate, only in the annual take-home figure, clearly labeled as not guaranteed monthly.