Find your take-home salary instantly. Enter your CTC and assumptions for basic salary, and the calculator estimates your monthly in-hand salary after PF, professional tax, and income tax - under both the New and Old Tax Regimes.
Total cost to company per year (before any deductions).
Most Indian companies set Basic between 30% and 50% of CTC.
Monthly in-hand
₹88,899
Annual in-hand
₹10,66,783
Monthly gross
₹96,276
Annual salary structure
Annual deductions
In-hand vs. Deductions vs. Employer Cost
Estimates use a typical 40% Basic + 40% HRA structure. Your company's exact salary breakup, HRA exemption (depends on rent paid and metro/non-metro), state professional tax, and any LTA / food coupons / NPS contributions can change the final in-hand by ±5–10%. Always cross-check with your salary slip.
لا يزال بعض المحتوى معروضًا بالإنجليزية.
There is a familiar moment in every Indian salaried employee's career: the offer letter says ₹15 lakh CTC, the first salary credit hits the bank account at ₹95,000, and the gap looks like a mistake. It isn't. CTC (Cost to Company) is what your employer spends on you in total - salary plus employer PF plus gratuity reserve plus insurance premium plus bonuses. In-hand salary is what survives after employer-side accounting, employee PF, professional tax and income tax. The difference between the two is usually 30-40% on a ₹15-25 lakh CTC, and even more once you add NPS or VPF.
This calculator uses the structure that virtually every Indian company follows: Basic (40-50% of CTC) drives PF, gratuity and HRA; HRA is typically 40-50% of Basic; the rest sits in special allowance. It applies FY 2024-25 tax slabs in both the new and old regimes and shows the monthly take-home you'd actually see in your bank account. The numbers will be within ₹500-2,000 per month of your real payslip - small differences typically come from variable allowances like LTA, telephone reimbursement, or food coupons that vary across companies.
Enter your annual CTC (Cost to Company).
Adjust the Basic salary percentage (default 40% of CTC).
Enter any annual bonus paid as a one-time component.
Pick the tax regime - New (default) or Old. The calculator applies FY 2024-25 slabs.
View your monthly take-home, annual breakup, and the deductions section.
CTC includes everything your employer pays for you - basic, HRA, special allowance, bonus, employer PF, and gratuity. The amount that reaches your bank account is much less because it excludes employer-side contributions and is reduced by employee PF, professional tax, and income tax. This calculator builds up the standard salary structure used by most Indian companies.
In-hand = (CTC − Employer PF − Bonus) − Employee PF − Prof Tax − Income Tax
Start with CTC. Subtract employer PF (12% of Basic, capped at ₹1,800/month above the statutory wage ceiling) and gratuity reserve (4.81% of Basic). What remains is the gross taxable salary. Subtract the standard deduction (₹50,000 in old regime, ₹75,000 in new regime), then HRA exemption if applicable, then 80C, 80D and other deductions. The result is taxable income on which slab rates apply. Subtract income tax, employee PF (matching 12% of Basic), and professional tax (₹2,400/year in most states) from the gross to arrive at monthly take-home.
The split between Basic and HRA matters more than people realise. A higher Basic means higher PF deductions (good for retirement, bad for current cash flow), higher HRA exemption headroom, and higher gratuity at exit. A lower Basic puts more money into special allowance, which is fully taxable but not subject to PF. For someone who's planning to switch jobs every 3-4 years, a slightly lower Basic structure puts more into hand each month at the cost of some retirement savings.
CTC ₹12,00,000. Basic ₹4,80,000. Employer PF ₹21,600. Gratuity reserve ₹23,088. Gross ₹11,55,312. Standard deduction ₹75,000 → taxable ₹10,80,312. Tax ≈ ₹65,047 + 4% cess ≈ ₹67,649. Employee PF ₹21,600. Professional tax ₹2,400. Annual in-hand ≈ ₹10,63,663 → ~₹88,640/month.
CTC ₹25,00,000. Basic ₹12,50,000. Employer PF ₹21,600 (capped). Gratuity ₹60,125. Gross ≈ ₹24,18,275. Standard ₹50,000 + 80C ₹1.5L + 80D ₹50K + HRA ₹2.4L + home loan interest ₹2L + NPS ₹50K → taxable ≈ ₹16,28,275. Tax ≈ ₹3,13,483 + cess ≈ ₹3,26,022. Net ≈ ₹20,76,853/year ≈ ₹1,73,070/month.
CTC (Cost to Company) is the total annual cost the employer incurs for an employee. It includes salary components, employer PF, gratuity, insurance, performance bonus, and other benefits.
Because CTC includes employer-side costs that don't get paid to you (employer PF, gratuity, employer insurance), and your gross is further reduced by your employee PF, professional tax, and income tax.
Basic salary is the fixed core component of your salary - usually 40–50% of CTC for most Indian companies. Many other components (HRA, PF, gratuity) are calculated as a percentage of Basic.
12% of your Basic + DA, capped at ₹1,800 per month if Basic exceeds ₹15,000 (statutory ceiling). Some companies allow VPF (Voluntary PF) for higher contributions.
No. Professional tax varies by state. Most states cap it at ₹2,400 per year. A few states (e.g., Punjab, Haryana, UP, Delhi) don't levy it at all.
If you have minimal deductions, the New Regime usually gives lower tax. If you fully utilize 80C (₹1.5L), 80D, HRA, and home loan interest, the Old Regime can be cheaper. Compare both with the actual numbers.
It's a close estimate. Actual take-home depends on your company's exact CTC structure, location-based HRA exemption, employer-provided benefits (LTA, food coupons, NPS), and any extra deductions. Use this as a baseline.
Indian financial products - home loans, fixed deposits, mutual funds, NPS, insurance - each carry their own quirks: monthly reducing balance vs flat-rate interest, quarterly vs monthly compounding, indexation on capital gains, the choice between the old and new tax regime. We design every finance calculator to use the formula that an Indian bank, AMC, or insurer would actually use, and to surface the assumptions in plain English so you can audit the result against your own statement.
Use this calculator alongside the EMI, SIP and inflation calculators to plan your money holistically. A standalone EMI number means little until you compare it with your in-hand salary, your existing debt-to-income ratio, and the impact of inflation on the real cost of the loan. The related-tool grid below makes it one click to chain these analyses together.
The In-Hand Salary Calculator is part of the Finance suite on Online Calculator Tools, alongside 6 related calculators. All tools share the same UI patterns, the same privacy-first rendering (nothing is sent to a server), and the same commitment to showing the formula and assumptions behind every result.
