Salary Calculator
Break down your CTC and estimate monthly in-hand take-home after PF, professional tax and income tax. Free.
Estimate only — actual CTC structuring, bonus/variable pay, and old-regime deductions (80C, HRA exemption, etc) vary by employer and aren't modeled here beyond the standard deduction. Use the HRA and Income Tax calculators alongside this for old-regime deductions.
Salary Calculator
A salary (CTC) calculator breaks down your Cost to Company into its components — Basic, HRA, employer PF contribution, gratuity accrual, and special allowance — to estimate your actual monthly in-hand pay.
Special Allowance = CTC − Basic − HRA − Employer PF − Gratuity Accrual (the balancing figure); in-hand pay = CTC minus employer-side contributions minus employee-side deductions (PF, professional tax, TDS).
Input: ₹12,00,000 annual CTC, standard component splits
Result: Breakdown into Basic, HRA, employer PF, gratuity accrual and special allowance, with an estimated monthly in-hand figure after employee PF and TDS
Why is my in-hand salary less than CTC ÷ 12?
CTC includes employer contributions (PF, gratuity accrual, insurance) that never reach your bank account, plus your own PF and TDS are deducted before payout.
Does this calculator account for my specific company's salary structure?
It uses standard, common component splits — your actual CTC breakup may differ by employer policy, so treat this as an estimate, not your payslip.
Salary Calculator: how it works
A salary calculator converts cost-to-company into monthly in-hand pay by subtracting provident fund, professional tax and income tax from gross.
Formula
In-hand = CTC − employer PF − gratuity − income tax − employee PF − professional tax.