Enter your annual CTC and see your real monthly take-home instantly, with basic, HRA, employer PF, employee PF, professional tax and income tax all broken out separately.
Assumes employer PF at 12% of basic and gratuity provisioning at 4.81% of basic, the two most common CTC add ons, with no other CTC inclusions like insurance premium.
Your CTC, or Cost to Company, is the total yearly cost your employer bears for employing you. It is not the amount you actually take home. Employers first split your CTC into a basic salary and allowances like HRA and special allowance, and separately set aside their own contributions to your PF and gratuity, which sit inside your CTC but never touch your bank account. From what is left as your gross salary, your own PF contribution, professional tax and income tax (TDS) get deducted every month, and whatever remains is your in-hand salary.
This calculator does the same working your payroll team does, just instantly and on your screen. Here is the step-by-step logic behind it:
Say your offer letter shows a CTC of ₹9,00,000 a year, with basic pay set at 40% of CTC and professional tax of ₹200 a month. Basic salary works out to ₹30,000 a month. Employer PF and gratuity together come to roughly ₹4,320 a month, bringing your gross salary down to about ₹71,680 a month. From there, employee PF (₹3,600), professional tax (₹200) and income tax under the new regime get deducted, leaving an in-hand salary that is noticeably lower than ₹9,00,000 divided by 12, which is why the full breakup matters more than the headline CTC figure.
Two companies offering the identical CTC can hand you very different take-home pay, because the basic pay percentage, the number of tax-exempt allowances like LTA or meal cards, and whether you are on the old or new tax regime all change the final math. A higher basic percentage means more of your CTC goes toward PF, which you only get back later, while a lower basic keeps more cash flowing monthly but reduces your retirement savings.
If you don't have many tax-saving investments or a home loan, the new regime usually works out better because of its lower slab rates and higher rebate threshold. If you already claim a large 80C investment, HRA exemption and a home loan interest deduction, the old regime can still come out ahead. The safest approach is to try both in this calculator with your real numbers and compare the final in-hand figure directly, rather than guessing based on general advice.
CTC includes costs your employer bears on your behalf, like employer PF contribution, gratuity provisioning and insurance, and none of that reaches your bank account. Your in-hand salary also has employee PF, professional tax and income tax subtracted. Together these usually bring in-hand pay to about 65 to 80% of CTC divided by 12.
Most Indian companies fix basic pay between 35% and 50% of CTC. A lower basic reduces your PF and gratuity contributions but also lowers HRA exemption, while a higher basic does the opposite. There is no universal rule here.
Yes. Toggle between the new regime (₹75,000 standard deduction, tax-free up to ₹12 lakh taxable income after rebate) and the old regime (₹50,000 standard deduction plus your declared 80C/80D deductions) to compare.
Professional tax is a state subject. States like Maharashtra, Karnataka and West Bengal levy it, usually capped near ₹200 to ₹300 a month, while Delhi and Haryana do not. Set the field to match your state, or choose "None."