Detailed breakdown of tax, PF, and take-home salary for 18 LPA.
If your Cost to Company (CTC) is ₹1,800,000 per year, your monthly take-home salary will depend on several factors including your tax regime (Old vs New), Employee Provident Fund (EPF) contributions, and any state-specific Professional Tax.
Under the New Tax Regime, tax rates are lower but you cannot claim most exemptions (like HRA, 80C). The Old Tax Regime has higher tax brackets but allows you to reduce your taxable income through investments and rent receipts.