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Salary & Employee Cost Calculator

Turn a CTC into the amount that actually reaches the bank, or a salary into what the employee really costs your company. Indian statutory rules, both tax regimes, working shown.

📅 Financial year 2026-27 🔄 Rates last updated 26 Sep 2026

Your package

Enter the CTC from your offer letter. Everything else has a sensible default you can change.

Income tax regime
Old-regime deductions & rent

Only used when the old regime is selected. Your own EPF is already counted towards 80C.

Monthly take-home

₹94,476

₹11,33,712 a year, after tax and every deduction

Reaches you Withheld (1.9% of gross)
Monthly gross
₹96,276
Deductions
₹1,800
Monthly earnings
Basic₹40,000
HRA₹16,000
Special allowance₹40,276
Gross₹96,276
Monthly deductions
EPF (your 12%)₹1,800
ESI (0.75%) Not applicable above ₹21,000 gross ₹0
Professional tax₹0
TDS (income tax)₹0
Total₹1,800
Inside your CTC, but never on your payslip
Employer EPF contribution₹1,800
Employer ESI contribution₹0
Gratuity accrued₹1,924
Monthly CTC annual CTC ÷ 12₹1,00,000

Income tax working

Annual, under the New regime (default) for FY 2026-27.

Gross salary income₹11,55,312
Standard deduction₹75,000
HRA exemption₹0
Chapter VI-A deductions₹0
Total deductions & exemptions₹75,000
Taxable income₹10,80,312
Tax on slabs₹48,031
Less: section 87A rebate₹48,031
Surcharge₹0
Health & education cess (4%)₹0
Tax for the year 0.0% of gross salary ₹0

The year in full

The same calculation annualised, which is the view a loan application or an offer comparison usually wants.

Annual CTC₹12,00,000
Of which bonus / variable₹0
Gross salary income₹11,55,312
Income tax for the year₹0
Take-home for the year₹11,33,712

New regime vs old regime

Same salary, same deductions you entered, both regimes costed.

New regime

₹0

tax for the year

Old regime

₹1,43,118

tax for the year

The New regime (default) is cheaper for you by ₹1,43,118 a year. Add your 80C, 80D and rent above to make the old regime a fair comparison.

How this calculator works

Indian salary arithmetic runs in two directions, and confusing them is why two people can look at the same offer letter and disagree about what it pays. CTC is what the employer spends. Gross is what appears at the top of the payslip. Take-home is what reaches the bank. Between each pair sits a set of statutory contributions, and this page walks all of them.

From CTC down to take-home

CTC includes money that never touches your payslip: the employer's own EPF contribution, its ESI contribution where applicable, and the gratuity it sets aside each month. Subtract those and you have gross salary. From gross, four things are withheld — your 12% EPF, ESI at 0.75% if you earn up to ₹21,000 a month, professional tax as notified by your state, and TDS on your income tax liability. What is left is take-home.

From gross up to employer cost

Going the other way answers a different question: what does this hire actually cost? Employer EPF is 12% of PF wages, but it splits — 8.33% to the pension scheme and the rest to the PF account — and EDLI and administration charges sit on top. Add employer ESI at 3.25%, the gratuity provision at 4.81% of basic, and statutory bonus where it applies. For a low-wage role all of that together is a material percentage on top of salary; for a senior one the EPF ceiling caps it and the percentage falls away.

The statutory rates used

Every figure below comes from one configuration file, and the calculator above reads the same file — so what you see here is exactly what was applied to your numbers.

Contributions and provisions
ComponentEmployeeEmployerWage base
EPF (provident fund) 12% 12% Basic + DA, ceiling ₹15,000
EPS (pension), within the employer's 12% — 8.33% Capped at ₹15,000
EDLI (life insurance) — 0.50% Capped at ₹15,000
EPF administration charges — 0.50% PF wages, min ₹500 per establishment
ESI 0.75% 3.25% Gross wages up to ₹21,000 a month
Gratuity provision — 4.81% of basic 15 / 26 of a month's wages per year of service
Statutory bonus — 8.33% minimum Eligible up to ₹21,000, computed on ₹7,000
Income tax slabs, FY 2026-27
RegimeSlabRate
New regime (default) Standard deduction ₹75,000 ₹0 – ₹400,000 0%
₹400,000 – ₹800,000 5%
₹800,000 – ₹1,200,000 10%
₹1,200,000 – ₹1,600,000 15%
₹1,600,000 – ₹2,000,000 20%
₹2,000,000 – ₹2,400,000 25%
Above ₹2,400,000 30%
Old regime (with deductions) Standard deduction ₹50,000 ₹0 – ₹250,000 0%
₹250,000 – ₹500,000 5%
₹500,000 – ₹1,000,000 20%
Above ₹1,000,000 30%

A 4% health and education cess applies on top of the tax and any surcharge, under both regimes. The section 87A rebate removes the tax entirely below ₹1,200,000 of taxable income under the new regime and ₹500,000 under the old one, and marginal relief stops a small raise across the new regime's threshold from costing more in tax than the raise itself.

Professional tax by state, per month
StateBands on monthly gross
Karnataka above ₹24,999: ₹200
Maharashtra up to ₹10,000: ₹175, above ₹10,000: ₹200
West Bengal up to ₹15,000: ₹110, up to ₹25,000: ₹130, up to ₹40,000: ₹150, above ₹40,000: ₹200
Tamil Nadu up to ₹30,000: ₹135, up to ₹45,000: ₹315, up to ₹60,000: ₹690, up to ₹75,000: ₹1,025, above ₹75,000: ₹1,250
Telangana up to ₹20,000: ₹150, above ₹20,000: ₹200
Andhra Pradesh up to ₹20,000: ₹150, above ₹20,000: ₹200
Gujarat above ₹12,000: ₹200
Madhya Pradesh up to ₹25,000: ₹125, up to ₹33,333: ₹167, above ₹33,333: ₹208
Odisha up to ₹25,000: ₹125, above ₹25,000: ₹200
Assam up to ₹15,000: ₹150, up to ₹25,000: ₹180, above ₹25,000: ₹208
Kerala up to ₹2,999: ₹20, up to ₹4,999: ₹30, up to ₹7,499: ₹50, up to ₹9,999: ₹75, up to ₹12,499: ₹100, up to ₹16,666: ₹125, up to ₹20,833: ₹166, above ₹20,833: ₹208

Questions people ask about these numbers

Why is my take-home so much lower than my CTC?

Three separate things are happening. First, part of your CTC is employer-side money — its EPF contribution and your gratuity accrual — which is real value to you but never appears on a payslip. Second, your own EPF is saved rather than paid out. Third, income tax is withheld monthly as TDS. On a ₹12 lakh package the gap between CTC and take-home is typically 6–8% before tax, and considerably more once tax bites.

Should I pick the new regime or the old one?

It depends entirely on how much you actually claim. The new regime has lower rates and a larger standard deduction but disallows HRA exemption, 80C, 80D and home loan interest. The old regime keeps all of those. Enter your real rent and deductions in the panel above and the calculator costs both regimes side by side, so the comparison is on your numbers rather than a rule of thumb.

Why does the calculator cap EPF at ₹15,000?

That is the statutory wage ceiling: an employer must contribute 12% on basic wages up to ₹15,000, which caps the mandatory contribution at ₹1,800 a month. Many employers voluntarily contribute on the whole basic instead. Tick EPF on full basic if yours does — it raises both contributions and lowers your take-home while increasing what you save.

My payslip differs by a few hundred rupees. Why?

Usually one of four reasons: your employer structures allowances differently from the basic-plus-HRA-plus-special split assumed here; TDS is spread unevenly across the year as your declarations change; your state's professional tax has a quirk such as Maharashtra's higher February deduction; or components like LTA, conveyance and food allowance are itemised separately. This calculator gives you the shape of the number, not a substitute for your employer's payroll run.

Does an employee really cost more than their salary?

Yes, and the gap is widest at lower wages. Below the ESI ceiling of ₹21,000 you are paying employer EPF, employer ESI, gratuity and statutory bonus, which together add a noticeable percentage to every rupee of salary. Above the EPF ceiling the statutory contributions stop growing, so the same add-ons become a much smaller share of a senior salary. The Employer cost tab shows the percentage for the figure you enter.

Can I share or bookmark a calculation?

Yes. Every input is kept in the page's address, so copying the URL from your browser preserves the whole scenario. It is a convenient way to send a structure to a candidate or to compare two offers in separate tabs.

About these figures

Rates last updated 26 September 2026, for financial year 2026-27. Statutory rates, wage ceilings, income tax slabs and state professional tax bands are all changed by government notification — a Union Budget or a state revision can move any of them, and a calculator that has not been reviewed since is quietly wrong. Check this date against the current financial year before relying on the output.

Results are estimates for planning, rounded to whole rupees, and are not tax or legal advice. Actual salary structures vary between employers, and your own payroll or a qualified tax adviser is the authority on your specific case. Professional tax is simplified for a normal month and leaves out state-specific exemptions.

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