CTC to In-hand Salary Calculator
Estimate your monthly take-home pay from your annual CTC, seeing exactly how PF, gratuity, and professional tax reduce it along the way.
What this calculator does and doesn't include
CTC (Cost to Company) includes your gross salary plus employer contributions that never reach your bank account, like the employer's share of Provident Fund and gratuity. This tool backs those out first to estimate your gross salary, then subtracts your own PF contribution and professional tax to estimate take-home pay — deliberately leaving out income tax, since that depends heavily on your tax regime (old vs. new), exemptions claimed, and other deductions that vary person to person.
Where real payslips differ
- Actual salary structures vary by company — some include HRA, special allowances, meal cards, or bonuses that change the math
- Professional tax varies by state (some states charge none), and PF calculation has its own rules and caps for higher earners
- Income tax on the net-before-tax figure shown here would reduce your actual take-home further
Frequently asked questions
Why is my in-hand salary lower than my CTC divided by 12?
CTC includes employer contributions (like the employer's Provident Fund share and gratuity) that never reach your bank account, plus your own PF contribution, professional tax, and income tax are deducted before you're paid — all of which make monthly take-home meaningfully lower than CTC ÷ 12.
Does this calculator include income tax?
No — this estimate stops at pre-tax take-home pay, since income tax depends heavily on which tax regime you choose, exemptions claimed, and other deductions specific to you. Your actual take-home after income tax will be lower than the figure shown.
What percentage of CTC is usually Basic pay?
It varies by company, but 40–50% of CTC as Basic pay is common. Basic pay matters because PF and gratuity are calculated as a percentage of Basic, not of total CTC.
Why does professional tax vary?
Professional tax is levied by state governments in India, and not every state charges it — amounts and slabs differ by state and income level. The default here (₹200/month) is a common approximation; check your specific state's rules or your payslip for the exact figure.