Question 1

What is the difference between in-hand salary and net salary?

Accepted Answer

They mean the same thing — the actual amount credited to your bank account after all deductions from gross salary including PF, professional tax, and TDS.

Question 2

How much in-hand salary will I get for 10 LPA CTC?

Accepted Answer

For ₹10 LPA CTC in FY 2026-27, your monthly in-hand salary is approximately ₹76,000–₹77,000 under the new tax regime. This assumes standard salary structure with 50% basic, metro HRA, and zero income tax under the ₹12L rebate.

Question 3

How much in-hand salary for 15 LPA CTC?

Accepted Answer

For ₹15 LPA CTC, your monthly in-hand is approximately ₹93,000–₹95,000 under the new tax regime FY 2026-27, after PF (₹1,800), professional tax (₹200), and income tax (~₹5,400/month).

Question 4

Is income tax zero for salary below 12 LPA in 2026?

Accepted Answer

Yes! Under Budget 2026, Section 87A rebate makes income up to Rs.12 lakh effectively zero-tax under the new regime. If your annual CTC-based taxable income is Rs.12L or below, you pay Rs.0 income tax.

Question 5

What percentage of CTC is the actual in-hand salary?

Accepted Answer

Typically, in-hand salary is 75-85% of CTC for salaries below Rs.12 LPA (due to zero income tax in 2026). For higher salaries (Rs.20L+), in-hand is usually 65-75% of CTC depending on tax regime and deductions.

Question 6

Is professional tax the same across all states?

Accepted Answer

No. Professional tax rates vary by state. ₹200/month is the maximum in Maharashtra, Karnataka, and West Bengal. Some states like Delhi have no professional tax at all. The maximum is capped at ₹2,500/year nationally.

Question 7

Does the in-hand salary calculator account for variable pay?

Accepted Answer

Variable pay (bonuses, performance incentives) is not included in standard CTC calculation since it depends on performance. Add guaranteed variable pay to your annual CTC figure before calculating for accurate results.

Question 8

How is basic salary calculated from CTC?

Accepted Answer

Basic salary is typically 40–50% of CTC. Most Indian companies set it at 50%. Basic salary is the foundation — PF (12%), HRA (40–50% of basic), and gratuity (4.81% of basic) are all calculated from it.

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