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Salary Calculator

Calculate your exact monthly take-home salary from your CTC (Cost to Company). See all deductions — PF, professional tax, income tax — and your actual in-hand amount.

CTC & Deductions
Annual CTC₹10,00,000
₹1L₹1 Cr
Annual Bonus (Variable)₹0
₹0₹20L
Tax Regime
80C Deductions (Old Regime)₹1,50,000
₹0₹1,50,000
Your Result

Fill in the details and
your result appears here.

Monthly Take-Home
Gross Monthly Salary
Employee PF (12%)
Professional Tax
Monthly Income Tax (TDS)
Monthly Take-Home
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Did You Know?
CTC vs in-hand gap
A ₹10L CTC typically yields ₹65,000–70,000 in hand per month — not ₹83,333. Employer PF, gratuity provision, and tax account for the 20–25% gap most people don't expect.

How to use this calculator

1

Enter your CTC

Cost to Company — total package including PF, gratuity, and all benefits.

2

Enter variable bonus

If your bonus is included in CTC, enter it separately. It is excluded from monthly calculation.

3

Choose tax regime

New regime is default from FY 2024-25.

4

Enter 80C deductions

Only relevant for old regime calculation.

The formula explained

CTC to take-home involves these deductions:

Take-Home = Gross − Employee PF − Professional Tax − TDS

Basic = ~40% of CTC   Employee PF = 12% of Basic (capped at ₹1,800/mo)   Professional Tax = State-specific, typically ₹200/mo   TDS = Estimated annual tax ÷ 12

Frequently Asked Questions

Why is my in-hand salary much less than CTC?

CTC includes employer PF (12% of basic), gratuity provision (~4.8% of basic), and often insurance/meal allowances. Employee PF, professional tax, and TDS further reduce take-home.

What is the difference between CTC gross and net salary?

CTC = total employer cost. Gross salary = what you earn before tax deductions. Net/take-home = what hits your bank after all deductions.

Is PF deducted on full basic or capped?

PF is 12% of basic, but capped at ₹1,800/month (on ₹15,000 basic). If your basic is higher, you can choose to contribute on actual basic (VPF).

What is professional tax?

A state-level tax on employment income. Maharashtra, Karnataka, West Bengal etc. levy it. Maximum ₹2,400/year (₹200/month). Exempt in many states.

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