# In Hand Salary Calculator India — new regime FY2026-27

Source page: https://valem.run/calculators/india/net-salary

Your India in-hand salary is your annual CTC minus employee provident fund and income tax under the new regime, spread across twelve months.

**Tax year:** FY2026-27

## How it is calculated

Under India's FY2026-27 new tax regime, the calculator starts from your annual cost-to-company (CTC). Employee provident fund is 12% of basic pay (a share of CTC you choose), and a 75,000 INR standard deduction comes off before tax.

The new-regime slabs run 0% up to 4 lakh, then 5/10/15/20/25/30% across successive 4-lakh bands. The §87A rebate zeroes the tax entirely for taxable income up to 12 lakh, with marginal relief just above it, and a 4% health-and-education cess is added on top.

Because most of the structure hinges on how CTC splits into basic pay, the calculator exposes the basic percentage — the single biggest lever on take-home. Old-regime deductions (HRA, 80C) are a planned addition. Estimate, not tax advice.

## Worked example

With Annual CTC of 800,000 INR, this model computes In-hand / month of 63,466.67 INR.

## Inputs

| Name | Label | Type |
| --- | --- | --- |
| `ctcAnnual` | Annual CTC | number |
| `basicPct` | Basic as fraction of CTC | number |

## Sources

- [Income Tax Department — tax calculator](https://incometax.gov.in) (checked 2026-08-02)
- [Finance Bill 2026 — memorandum: no change in new-regime rates](https://www.indiabudget.gov.in/doc/memo.pdf) (checked 2026-10-17)
- [EPFO — provident fund](https://www.epfindia.gov.in) (checked 2026-08-02)

## What this page claims

The Valem engine reproduces this model's formula through 2 self-test cases. That shows internal consistency, not that the formula matches current law; the cited sources are the evidence for that. Estimate, not tax advice.

## For agents

- Model manifest (formula, constants, test vectors): https://valem.run/calculators/india/net-salary.json
- Compute by URL: https://valem.run/calculators/india/net-salary.json?ctcAnnual=800000
- MCP: https://valem.run/mcp/calculators (call `calculate` with calculator `india/net-salary`)