What is the difference between CTC and In-hand salary?

CTC (Cost to Company) is the total annual expense an employer incurs on an employee. In-hand salary is the actual net amount credited to your bank account every month after statutory deductions like EPF, Professional Tax, and Income Tax (TDS).

Should I choose the New or Old Tax Regime?

The New Tax Regime offers lower tax slabs but removes most deductions (like 80C, 80D, HRA). The Old Tax Regime has higher tax slabs but allows standard tax savings. For high-earning individuals with no investments, the New Regime is generally beneficial, while those with significant investments/home loans may benefit from the Old Regime.

What is the standard Professional Tax in India?

Professional Tax is a state-level tax on professions, trades, and employments. In most Indian states, the maximum Professional Tax is capped at Rs. 2,500 per annum, usually deducted as Rs. 200 per month (and Rs. 300 in February).

In-Hand Salary Calculator

Calculate your monthly In-Hand Salary from annual CTC in India. Compare tax liability under the New and Old Tax Regimes, including EPF and Professional Tax deductions.

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