Salary Calculator Results
Understanding Your CTC
Cost to Company (CTC) is the total amount your employer spends on you annually, including all benefits and contributions.
Your take-home salary will be lower than your CTC due to various deductions and the fact that some components are non-monetary benefits.
What is Basic Salary?
Basic salary is the fixed amount paid before any additional allowances or deductions. It typically forms 40-50% of your CTC and is the base for calculating various other components.
Understanding HRA
House Rent Allowance (HRA) is a component of salary that an employer provides to employees to meet their rental expenses. It's typically 40-50% of basic salary for metro cities.
Tax Benefits
Components like HRA, LTA, and EPF contributions can help reduce your taxable income. Consult a tax professional to understand how to maximize your tax benefits.
Understanding EPF
EPF is commonly calculated on Basic + DA. Some employers cap the monthly PF wage at Rs 15,000, making 12% EPF Rs 1,800 per month, while others contribute on actual wages or a custom wage base.
Standard Deduction
Standard deduction is a flat amount that reduces your taxable income:
- Old Tax Regime: ₹50,000 per year
- New Tax Regime (Tax Year 2026-27): ₹75,000 per year
How do NPS contributions affect my take-home salary?
In Advanced Settings, enter employee and employer Tier I NPS contributions separately as monthly amounts. Employee payroll contributions reduce cash take-home. Employer NPS is allocated from Special Allowance within CTC and deposited into your pension account; it is not bank salary. Employer matching is not automatic.
For Tax Year 2026–27, Section 124(1)–(2) (formerly 80CCD(2)) allows employer NPS deductions up to 14% of Basic + eligible DA in the new regime. In the old regime the limit is 10% for other employers and 14% for Central / State Government employers. Other allowances are excluded from this salary base.
The additional personal NPS deduction under Section 124(3) (formerly 80CCD(1B)) is up to ₹50,000/year in the old regime. The calculator combines payroll NPS with the annual personal NPS field for this cap; do not enter the same contribution twice. Eligible contributions under the shared ₹1.5 lakh limit can be included in the existing Section 80C field. Personal NPS deductions are unavailable in the new regime.
Combined employer contributions to recognised PF, NPS and approved superannuation above ₹7.5 lakh/year, and related accretion, can create additional taxable perquisites that this estimate does not model.
Income Tax Department: NPS deduction guidanceAre meal coupons or meal cards tax-free?
From 1 April 2026, Rule 15(5)(a), Table IV of the Income-tax Rules, 2026 allows eligible employer-provided meal vouchers usable only at eating joints during working hours to be exempt up to ₹200 per meal in either tax regime. A cash food allowance is taxable salary.
Select meal coupons in Advanced Settings and confirm eligibility only if your employer's arrangement qualifies. Enter the actual working days and eligible meals per day. For example, 22 days × 1 meal × ₹200 gives a ₹4,400 monthly limit; this is an example, not a fixed monthly entitlement. Excess or ineligible voucher value stays taxable.
The full coupon value goes to your meal card, so it is excluded from cash take-home even when tax-exempt. This calculator allocates coupons and employer NPS from Special Allowance within CTC, with employer NPS allocated first. If that allowance is insufficient, an on-screen message shows the amounts actually applied.
For FY 2025–26 the earlier limit was ₹50 per eligible meal and paid-voucher relief was unavailable in the new regime. The current calculator uses Tax Year 2026–27 rules. Confirm your employer's payroll treatment.
Official notified rules: meal benefits (page 14)Important Note
This calculator provides estimates based on standard deductions and tax rates. Actual figures may vary based on your specific situation, tax regime choice, and company policies.