Employer costs come out first
CTC can include the company’s PF share, gratuity and employer ESI. These are valuable benefits, but they are not monthly cash salary.
Salary desk India · FY 2026–27
Your CTC is not your salary. See what actually reaches your bank.
Estimate monthly in-hand from CTC, PF, gratuity, professional tax and income tax. No sign-up. No result gate. Figures stay in your browser unless you copy or share them.
ExplainableEach estimated deduction is shown.
CurrentFY 2026–27 central income-tax rules; payroll items use stated assumptions.
PrivateOffer letters processed locally
FY 2026–27 · New regime
Your estimated in-hand
₹94,477monthly average
Average month excluding variable pay₹94,477
Annual take-home₹11,33,723
- Professional tax was not estimated because no supported work state was selected.
Tax deducted at source (TDS)
- Annual CTC₹12,00,000
- Employer-only costs₹44,677
- Cash gross₹11,55,323
- Less employee deductions and estimated income tax₹21,600
- Annual bank credit₹11,33,723
CTC − employer costs = cash gross · cash gross − employee deductions − tax = bank credit
View monthly amounts as a tableAccessible month table
| Month | Bank credit | Professional tax |
|---|---|---|
| April | ₹94,477 | ₹0 |
| May | ₹94,477 | ₹0 |
| June | ₹94,477 | ₹0 |
| July | ₹94,477 | ₹0 |
| August | ₹94,477 | ₹0 |
| September | ₹94,477 | ₹0 |
| October | ₹94,477 | ₹0 |
| November | ₹94,477 | ₹0 |
| December | ₹94,477 | ₹0 |
| January | ₹94,477 | ₹0 |
| February | ₹94,477 | ₹0 |
| March | ₹94,477 | ₹0 |
New regime₹11,33,723
Old regime₹9,83,863
DifferenceNew +₹1,49,860
Detailed salary statementLedger, explanations, assumptions and sources
Your salary arithmetic
- Annual CTC
- ₹12,00,000
- Employer PF
- ₹21,600
- Employer ESI
- ₹0
- Gratuity
- ₹23,077
- Cash gross salary
- ₹11,55,323
- Employee PF
- ₹21,600
- Employee ESI
- ₹0
- Professional tax
- ₹0
- Estimated income tax
- ₹0
- Annual bank credit
- ₹11,33,723
What the deductions mean
Provident fund
Employer PF is inside CTC. Employee PF is withheld from cash salary; both usually build retirement savings.
Professional tax
A state payroll levy based on work state. Source confidence is shown here rather than hidden.
Income tax
Annual tax is spread evenly across 12 months in this estimate. Actual employer TDS timing can vary.
Effective income-tax rate: 0%
Assumptions & sources
- Basic pay is modeled as a percentage of fixed CTC.
- PF uses a 12% employee and employer contribution rate unless custom or off.
- Income tax is estimated annually for FY 2026-27 and TDS is averaged over 12 months.
- Salary-only income is assumed for a resident individual under age 60.
- ESI eligibility is simplified using annualized ordinary wages; contribution-period continuation rules are not modeled.
No schedule source applies until a work state is selected.
Refine estimate
The short version
Why CTC and bank credit differ
Payroll deductions come next
Your own PF, ESI, state professional tax and estimated TDS are withheld from cash gross before the bank transfer.
Some months are different
Variable pay and state-specific professional tax can make one month larger or smaller. That is why we show both an average and a 12-month view.
Primary references