Formula
In-hand = CTC − employer EPF − employee EPF (12% of basic each) − professional tax − income tax. New regime: ₹75,000 standard deduction; zero tax up to ₹12 lakh taxable income (₹12.75 lakh salary).
FAQ
What is the in-hand for ₹12 lakh CTC?
About ₹90,200 a month with 40% basic, full EPF and ₹2,500 professional tax – no income tax under the new regime.
Sources (checked 6 Nov 2026): Income-tax Act 2025; EPFO.