What does a ₹15 lakh CTC mean for monthly take-home?
Walk from CTC to cash gross, employee deductions and estimated income tax using a transparent Indian salary example.
Read the guideCTC to take-home
Understand what actually reaches your bank.
Estimated monthly take-home
₹1,28,833
Annual CTC₹18,00,000
Annual cash gross₹17,00,000
Employee PF₹21,600
Professional tax₹2,400
Annual income tax₹1,30,000
Annual take-home₹15,46,000
FY 2026–27 · Resident individuals below 60 · Ordinary income up to ₹50 lakh.
Estimates, not promises. Explore different scenarios.
Understand your result.
Convert annual CTC into an estimated monthly in-hand salary after separating employer costs, employee PF, professional tax and income tax. Enter your own salary structure rather than assuming every employer defines CTC the same way.
Start with cash gross: CTC minus employer and non-cash costs. The final monthly estimate also assumes the variable pay included in that gross is fully paid.
A worked example.
Using this calculator’s default inputs, estimated monthly take-home is ₹1,28,833. This is an illustration of the stated formula, not a forecast.
See the example inputs
| Annual CTC | ₹18,00,000 |
|---|---|
| Employer costs in CTC | ₹1,00,000 |
| Annual employee PF | ₹21,600 |
| Annual professional tax | ₹2,400 |
| Tax regime | New regime |
| Eligible old-regime deductions | ₹1,50,000 |
A common mistake to avoid
Subtracting employer PF twice, or assuming CTC is the amount deposited in your bank.
Questions you might have.
Is employee PF tax-deductible in both regimes?
This model does not deduct employee PF from new-regime taxable salary. For the old regime, enter eligible employee PF within the eligible deduction total.
Why can my actual payslip differ?
Variable pay timing, payroll TDS adjustments, benefits, recoveries and your actual professional tax or PF structure can differ from this annualised model.
Prepared by INDwise · Calculation checks: 29 October 2026 · How we check the maths · Report a correction
How we calculate it
Cash gross = CTC − employer/non-cash costs. Monthly take-home = (cash gross − employee PF − professional tax − estimated income tax) ÷ 12.
Assumptions & things to know
FY 2026–27 planning estimate for resident individuals below 60, ordinary income up to ₹50 lakh. Includes the ₹75,000 new / ₹50,000 old salary standard deduction, resident rebate, new-regime rebate marginal relief and 4% cess. Excludes capital gains, surcharge, foreign tax credits, agricultural income and special-rate income. Inputs are rounded to the nearest ₹10 for taxable income; final tax to the nearest ₹10. Check eligibility and current rules before filing. Variable pay is assumed fully paid. Under old regime, enter eligible employee PF within your deduction total; professional tax is deducted separately. Other payroll recoveries are excluded.
Income Tax Department — tax ratesSource references checked 29 October 2026. Rates and rules may change.
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