Salary Calculator
CTC to in-hand salary breakdown
₹
₹
Monthly In-Hand
—
Annual Gross
—
Annual PF (Employee)
—
Professional Tax (est.)
—
Annual In-Hand (est.)
—
What is a salary (CTC to in-hand) calculator?
This calculator breaks down your Cost to Company (CTC) into monthly in-hand (take-home) salary after EPF, professional tax, and income tax deductions. Most employees are surprised by the gap between their CTC and bank credit — this explains every rupee.
Formula used
CTC = Basic + HRA + Allowances + Employer PF + Gratuity provision
In-hand = CTC − Employer PF provision − Employee PF (12% of basic)
− Professional tax − Income tax ÷ 12
Typical CTC split:
Basic: ~40% | HRA: ~20% (metro) | Special allowance: remaining
Employer PF: 12% of basic (may be over and above CTC)
How to use this calculator
- Enter your annual CTC
- Enter annual bonus (if included in CTC)
- Select tax regime
- Click Calculate — see monthly in-hand and full deduction breakdown
Example
Example — ₹12 LPA CTC (new tax regime):
| Component | Annual | Monthly |
|---|---|---|
| Gross salary | ₹11,20,000 | ₹93,333 |
| Employee EPF (12% of basic) | −₹57,600 | −₹4,800 |
| Professional tax | −₹2,400 | −₹200 |
| Income tax (new regime) | −₹45,760 | −₹3,813 |
| Monthly in-hand | ≈ ₹84,520 |
Frequently asked questions
CTC includes employer PF contribution (12% of basic) and gratuity provision (4.81% of basic) — money you never see monthly. Plus your own PF deduction (12%), professional tax, and income tax reduce gross further.
Always negotiate on gross salary (what you receive before employee deductions). CTC inflates the number with employer contributions and provisions.
New regime is simpler and better if your deductions are below ~₹3.75L. Old regime is better with high HRA, home loan interest, and maxed 80C. Use our income tax calculator to compare.