How much of your CTC do you take home?

Self-employed, or business income? Use the full tax calculation

1 Your income

My income comes from

Annual CTC or gross salary (₹) as on your offer letter; employer PF and gratuity are on top of this. A pension goes here too Annual Basic + DA (₹) on your payslip; usually 40-50% of gross HRA received (₹) house rent allowance on your payslip; part of the gross above Conveyance allowance (₹) fully taxable since 2018; part of the gross above Target bonus or variable pay (₹) the full amount if paid as agreed; 0 if none Professional tax (₹ a year) ₹2,400 to ₹2,500 in most states; 0 where it is not levied Special allowance (₹) the balance of the gross, worked out for you

Age Financial year Residential status

2 Deductions, investments and other income

Open what applies to you. Nothing opened is fine: salary alone gives a real answer.

Rent

Annual rent paid (₹) with HRA the exemption is worked out; without HRA, 80GG gives up to ₹60,000 (old regime) City

Home loan

Interest paid this year, home you live in (₹) old regime only, cap ₹2,00,000 Interest paid, a home you rent out (₹) uncapped in both regimes; loss is stranded in the new

80C investments and NPS

Count my EPF contribution in 80C (your own 12% of Basic + DA; the employer's share is exempt, not a deduction) My actual EPF + VPF contribution per year (₹) leave 0 to use 12% of Basic + DA Other 80C investments, excluding EPF (₹) PPF, ELSS, LIC, NSC, SSY, home loan principal, tuition Own NPS contribution, 80CCD(1B) (₹) the extra ₹50,000 on top of 80C Own NPS within 80C, 80CCD(1) (₹) up to 10% of Basic + DA for employees, 20% of income for the self-employed, inside the ₹1.5 lakh Employer NPS contribution (₹) 14% cap in new regime for everyone; 10% for private employers in old Central or State Government employer

Health insurance (80D)

Premium, self and family (₹) Premium, parents (₹) Parents are 60 or above

Capital gains

STCG on listed equity / equity MF (₹) held 12 months or less, taxed at 20% LTCG on listed equity / equity MF (₹) first ₹1,25,000 exempt, then 12.5% LTCG on other assets (₹) 12.5% without indexation Lottery / online gaming / crypto gains (₹) 30%

Not sure of the figures? The capital gains calculator works them out from a sale, or from your broker's Tax P&L file.

Interest, dividends and rent received

Savings account interest (₹) FD / RD interest (₹) Dividends (₹) Other income (₹) Rent received, property you let out (₹) Municipal tax paid on it (₹)

Other deductions and perks

LTA exemption claimable (₹) travel fare only Education loan interest (₹) Donations, 80G (₹) Donation category Disability Employer PF + superannuation + NPS combined (₹) above ₹7,50,000 is a taxable perquisite Other taxable perquisites (₹) company car, accommodation, per your Form 16

In-hand salary · FY 2026-27

₹12 lakh salary: ₹93,800 in hand a month

On a CTC of ₹12,00,000 you take home about ₹93,800 a month (₹11,25,600 a year) under the new regime, after ₹6,000 PF, ₹200 professional tax and ₹0 income tax a month. The new regime saves ₹1,40,590 a year, unless your old-regime deductions add up to more than ₹6,47,600.

Every salary · ₹9 lakh · ₹10 lakh · ₹11 lakh · ₹13 lakh · ₹14 lakh · ₹15 lakh

The ₹12 lakh CTC, month by month

	A year	A month
Basic	₹6,00,000	₹50,000
HRA	₹3,00,000	₹25,000
Special allowance	₹3,00,000	₹25,000
Gross pay	₹12,00,000	₹1,00,000
Employer PF (in the CTC, not paid to you)	₹0	₹0
Gratuity (in the CTC, paid when you leave)	₹0	₹0
Your PF (12% of Basic)	−₹72,000	−₹6,000
Professional tax	−₹2,400	−₹200
Income tax, new regime	₹0	₹0
In hand	₹11,25,600	₹93,800

Basic at 50% of the CTC, HRA half of Basic, employer PF and gratuity on top of the CTC, ₹2,400 professional tax, age under 60. Change any of it below or in your payslip on the Tax & salary page.

Old vs new regime at ₹12 lakh

	New regime	Old regime
Taxable income	₹11,25,000	₹10,75,600
Income tax and cess, a year	₹0	₹1,40,590
Income tax, a month	₹0	₹11,716
In hand, a month	₹93,800	₹82,084

The new regime, by ₹1,40,590 a year, for most people. The old regime wins only when its deductions (the HRA exemption, 80C including your PF, home-loan interest, health insurance and your own NPS) add up to more than ₹6,47,600.

Your own deductions

Questions people ask about a ₹12 lakh salary

What is the in-hand salary on a ₹12 lakh CTC?

About ₹93,800 a month under the new regime: ₹1,00,000 of gross pay, less ₹6,000 PF, ₹200 professional tax and ₹0 income tax. That assumes Basic at 50% of the CTC, with employer PF and gratuity paid on top of the CTC; your own 12% PF comes off your pay. A larger Basic means more PF and a little less in hand.

How much income tax is paid on a ₹12 lakh salary?

₹0 a year in the new regime (₹0 a month, 0.0% of the CTC), and ₹1,40,590 in the old regime with no deductions beyond PF. Both include the 4% health and education cess.

Is the old or the new tax regime better for ₹12 lakh?

Why is there no tax at ₹12 lakh in the new regime?

Taxable income works out to ₹11,25,000 after the ₹75,000 standard deduction. Up to ₹12,00,000 of taxable income, the rebate (section 156 of the Income-tax Act 2025, formerly 87A) cancels the tax in the new regime.

Other salaries: ₹9 lakh · ₹10 lakh · ₹11 lakh · ₹13 lakh · ₹14 lakh · ₹15 lakh · every salary from ₹3 lakh to ₹2 crore

How much of your CTC do you take home?

What to do next

₹12 lakh salary: ₹93,800 in hand a month

The ₹12 lakh CTC, month by month

Old vs new regime at ₹12 lakh

Your own deductions

Questions people ask about a ₹12 lakh salary

What is the in-hand salary on a ₹12 lakh CTC?

How much income tax is paid on a ₹12 lakh salary?

Is the old or the new tax regime better for ₹12 lakh?

Why is there no tax at ₹12 lakh in the new regime?

What do you want to work out?

National Pension System

Glossary

How TaxCompass works, and where the numbers come from