Salary In-Hand Calculator (CTC to Take-Home)

CTC vs In-Hand Salary

Your CTC (cost to company) is everything your employer spends on you in a year. Your in-hand or take-home salary is what actually reaches your bank account after deductions. The gap is often 10% to 30%, and this calculator shows where it goes: employer PF, your own PF, professional tax and income tax.

How to Use It

1. Enter your yearly CTC and the share of it that is basic pay (often 40% to 50%).
2. Enter any variable pay or bonus included in the CTC.
3. Set professional tax for your state and how your employer handles PF.
4. Choose the tax regime and, for the old regime, your deductions.

Example

For a CTC of ₹10 lakh with basic pay at 40%, employer PF of ₹48,000 is part of the CTC but not paid to you, leaving a gross salary of ₹9,52,000. After your own PF of ₹48,000 and professional tax of ₹2,400, the take-home is ₹9,01,600 a year, or ₹75,133 a month. Income tax is zero under the new regime, because taxable income stays below ₹12 lakh.

Why Basic Pay Matters

PF is 12% of basic pay, so a higher basic share means more money saved in PF and less take-home today. Gratuity and HRA are also linked to basic pay. Many employers cap PF at 12% of ₹15,000 (₹1,800 a month); choose the capped option if yours does.

Professional Tax

Professional tax is a state tax on salaries, capped at ₹2,500 a year. States such as Maharashtra and Karnataka charge it, while Delhi and some others do not. Check your payslip for the exact amount.

Limitations

Salary structures differ: your CTC may include gratuity, insurance premiums, meal cards or other benefits that are not paid monthly. Bonuses are often paid once a year, not spread evenly. Use your offer letter's breakdown for exact figures. To compare tax regimes in detail, use the Income Tax Calculator; to project your PF, use the EPF Calculator.