Job Offer CTC Comparison Calculator FY 2026-27
Two offers, two CTCs, one question: which puts more money in your account every month? Compare take-home pay side by side for FY 2026-27.
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Annual CTC
Advanced optionsTax year, deductions and other settings (sensible defaults already applied)
Compare under the
Offer A
Offer B
Offer B pays more in hand
Offer B: +₹10,750/month in hand
In hand: Offer A ₹88,276/month · Offer B ₹99,026/month
Show calculation: Offer AEvery step, the rule behind it and the official source
1. CTC to gross salary
- Annual CTC₹12,00,000
- Employer PF contribution₹57,600
12% of basic salary; paid into your EPF account, not your salary · EPFO
- Gratuity (part of CTC)₹23,088
4.81% of basic, paid only when you leave after five years of service
- Gross salary₹11,19,312
2. Taxable income
- Gross income₹11,19,312
- Standard deduction₹75,000
Section 19 (earlier 16(ia)): ₹75,000 in the new regime · Income Tax Dept
- Taxable income₹10,44,312
3. Income tax
- Tax on slabs₹44,431
₹0–4L @ 0% ₹0 ₹4L–8L @ 5% ₹4,00,000 × 5% = ₹20,000 ₹8L–12L @ 10% ₹2,44,312 × 10% = ₹24,431 Section 202 (earlier 115BAC): new regime slab rates · Income Tax Dept
- Rebate₹44,431
Section 156 (earlier 87A): up to ₹60,000 off when taxable income is ₹12,00,000 or less · Income Tax Dept
- Tax after rebate₹0
- Health & education cess₹0
4% of income tax · Income Tax Dept: Tax rates
- Total income tax₹0
4. In-hand pay
- Gross salary₹11,19,312
- Employee PF contribution₹57,600
12% of basic salary · EPFO
- Professional tax₹2,400
State tax on employment, at most ₹2,500 a year · Professional tax by state
- In-hand pay (year)₹10,59,312
- In-hand pay per month₹88,276
Each line is rounded for display, so adding the rounded lines can differ from the total by 1.
Show calculation: Offer BEvery step, the rule behind it and the official source
1. CTC to gross salary
- Annual CTC₹14,00,000
- Employer PF contribution₹84,000
12% of basic salary; paid into your EPF account, not your salary · EPFO
- Gratuity (part of CTC)₹33,670
4.81% of basic, paid only when you leave after five years of service
- Gross salary₹12,82,330
2. Taxable income
- Gross income₹12,82,330
- Standard deduction₹75,000
Section 19 (earlier 16(ia)): ₹75,000 in the new regime · Income Tax Dept
- Taxable income₹12,07,330
3. Income tax
- Tax on slabs₹61,100
₹0–4L @ 0% ₹0 ₹4L–8L @ 5% ₹4,00,000 × 5% = ₹20,000 ₹8L–12L @ 10% ₹4,00,000 × 10% = ₹40,000 ₹12L–16L @ 15% ₹7,330 × 15% = ₹1,100 Section 202 (earlier 115BAC): new regime slab rates · Income Tax Dept
- Marginal relief₹53,770
Section 156 (earlier 87A): tax is capped at the income above ₹12,00,000 (₹7,330) · Income Tax Dept
- Tax after rebate₹7,330
- Health & education cess₹293
4% of income tax · Income Tax Dept: Tax rates
- Total income tax₹7,623
4. In-hand pay
- Gross salary₹12,82,330
- Employee PF contribution₹84,000
12% of basic salary · EPFO
- Professional tax₹2,400
State tax on employment, at most ₹2,500 a year · Professional tax by state
- Income tax (TDS)₹7,623
Section 392 (earlier 192): deducted by your employer through the year
- In-hand pay (year)₹11,88,307
- In-hand pay per month₹99,026
Each line is rounded for display, so adding the rounded lines can differ from the total by 1.
Full breakdownTables, chart and tax-saving tips
₹1,28,995 more a year in hand (12.2%), from a +₹2,00,000 CTC difference (16.7%).
| Per year | Offer A | Offer B | B − A |
|---|---|---|---|
| CTC | ₹12,00,000 | ₹14,00,000 | +₹2,00,000 |
| Gross salary | ₹11,19,312 | ₹12,82,330 | +₹1,63,018 |
| Income tax | ₹0 | ₹7,623 | +₹7,623 |
| Employee PF | ₹57,600 | ₹84,000 | +₹26,400 |
| Professional tax | ₹2,400 | ₹2,400 | — |
| Take-home (annual) | ₹10,59,312 | ₹11,88,307 | +₹1,28,995 |
| Take-home (monthly) | ₹88,276 | ₹99,026 | +₹10,750 |
| Retirement savings (PF + gratuity) | ₹1,38,288 | ₹2,01,670 | +₹63,382 |
How to Compare Two Job Offers
CTC (Cost to Company) is what an employer spends on you, not what you receive. Employer PF, gratuity and variable pay all sit inside it, so two offers with the same CTC can leave very different amounts in your bank account. This tool runs both packages through the sameFY 2026-27 (Tax Year 2026-27) tax rules and shows the number that actually matters: monthly take-home.
Watch the variable pay. It's counted here as if paid in full. If Offer B's edge comes from a large bonus that depends on performance, the guaranteed gap may be smaller. A higher basic salary also means more PF (less in hand today, more saved for later) and higher gratuity.
Old Regime comparisons only count your employee PF under 80C. If you also claim HRA, 80D or home-loan interest, run each offer through the CTC to In-Hand Salary Calculator with those deductions.
For a single offer with your own deductions, use the CTC to in-hand salary calculator, and the HRA calculator if you'll be renting.
How the job offer comparator works
Two offer letters rarely use the same salary structure, so their CTC figures are not directly comparable. The comparator runs each offer through the same FY 2026-27 payroll steps and puts the results side by side: monthly in-hand, tax and long-term savings.
- 1
Enter each offer as written
Put in the CTC, basic salary as a percentage of CTC, variable or bonus pay, city and professional tax for each offer. Tick whether PF is on full basic and whether gratuity is included in CTC, as the offer letter states.
- 2
Remove what never reaches your account monthly
For each offer, employer PF (12% of basic) and gratuity (about 4.81% of basic) are taken out of CTC. What remains is gross salary, including variable pay.
- 3
Deduct employee PF, professional tax and income tax
Income tax is worked out on each offer's gross salary with the FY 2026-27 slabs, standard deduction, Section 156 (earlier 87A) rebate and 4% cess. Because tax rises with income, the extra CTC in a bigger offer is taxed at your highest slab.
- 4
Compare take-home and savings
The result shows monthly in-hand for both offers and the difference, plus the PF and gratuity each offer builds for you. Both offers and the regime you pick (new by default, or old) are kept in the page link, so you can share the comparison.
Worked example: ₹18 lakh fixed vs ₹20 lakh with variable pay
Offer A is ₹18,00,000 CTC, fully fixed, with basic at 40%. Offer B is ₹20,00,000 CTC with basic at 50%, of which ₹2,50,000 is performance-linked variable pay. Both are in a metro, new regime, PF on full basic and gratuity inside CTC. The last column shows Offer B in a year when the variable pay is not paid.
| Offer A | Offer B (variable paid) | Offer B (no variable) | |
|---|---|---|---|
| CTC | ₹18,00,000 | ₹20,00,000 | ₹20,00,000 |
| Employer PF | ₹86,400 | ₹1,20,000 | ₹1,20,000 |
| Gratuity | ₹34,632 | ₹48,100 | ₹48,100 |
| Gross salary received | ₹16,78,968 | ₹18,31,900 | ₹15,81,900 |
| Income tax incl. cess | ₹1,25,625 | ₹1,57,435 | ₹1,10,276 |
| In-hand (month) | ₹1,22,037 | ₹1,29,330 | ₹1,12,427 |
| PF + gratuity (year) | ₹2,07,432 | ₹2,88,100 | ₹2,88,100 |
A ₹2,00,000 higher CTC gives Offer B only ₹7,293 more a month, and only if the full variable pay arrives. Without it, Offer B pays ₹9,610 a month less than Offer A, though it still builds ₹80,668 more a year in PF and gratuity because of its higher basic.
Who should use this comparator
- Anyone holding two job offers, or an offer and a counter-offer from their current employer.
- People negotiating salary who want to see what a higher CTC or a different basic percentage really changes.
- Employees weighing a fixed-pay offer against one with a large variable or bonus component.
- Anyone moving city, since HRA and professional tax differ between locations.
What this comparator doesn't cover
- Variable pay is counted in full. Use the variable field to test a lower payout if it depends on performance.
- Joining bonuses, retention bonuses and their clawback clauses are not modelled; add a one-off bonus only if you want it in the year's total.
- ESOPs, RSUs, health insurance, meal cards, reimbursements and other benefits are left out, though they can outweigh a small salary gap.
- In the old regime only your employee PF is counted as a deduction; HRA, health insurance and other deductions are not, so run each offer through the CTC to in-hand salary calculator with them.
- Cost of living, commute and notice period are for you to weigh; the comparator only shows pay.
Read next
- How to calculate in-hand salary from CTCThe six payroll steps behind each offer's figure.
- CTC to in-hand salary calculatorOne offer in more detail, with the old regime option.
- Tax saving tips for salaried employeesWays to cut tax once you've accepted an offer.
- Old vs new regime calculatorCheck which regime suits the salary you accept.
FAQ
Frequently asked questions
Why can a higher CTC give a lower in-hand salary?
Because CTC includes money you don't receive every month: employer PF, gratuity and variable pay. An offer with a bigger CTC but a larger share in these components can pay less each month than a smaller, mostly fixed offer.
Should I compare CTC or in-hand salary between two offers?
Compare both. Monthly in-hand pay decides your budget, while PF and gratuity are real long-term savings. This comparator shows take-home and retirement savings side by side so you can weigh them.
Does a higher basic salary reduce take-home pay?
Usually a little, because PF is 12% of basic. But a higher basic also raises your HRA exemption limit under the old regime and increases gratuity, so it isn't purely a loss.
How is variable pay taxed?
Variable pay and bonuses are taxed as salary in the year you receive them, at your slab rate. Because they depend on performance, treat them as uncertain when comparing offers.
What else should I compare apart from salary?
Look at joining-bonus clawbacks, notice period, health insurance cover, ESOPs and their vesting schedule, leave policy and work location costs. These can outweigh a small salary difference.
How much more in-hand does a ₹14 lakh offer give than a ₹12 lakh offer?
With the same structure (40% basic, no variable pay, PF on full basic, gratuity in CTC) under the new regime for FY 2026-27, ₹12 lakh CTC gives about ₹88,276 a month and ₹14 lakh about ₹1,00,347: roughly ₹12,071 more, not the ₹16,667 the CTC gap suggests, because the higher offer pays ₹32,099 a year in income tax.
How is a joining bonus taxed?
A joining bonus is salary income, taxed at your slab rate in the year you receive it, and your employer deducts TDS on it. If you have to repay it because you leave early, check how your employer adjusts the tax already deducted.
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