Salary Calculator
Estimate your in-hand salary from CTC (India).
Total cost to company per year
Defaults to 40% of CTC
Estimated using FY 2025-26 statutory assumptions (PF 12% of basic, professional tax ₹200/month). Income tax is not deducted here and varies by regime and declarations.
Calculator results are estimates for informational purposes only and should not be considered financial advice. Actual results may vary depending on lender terms, taxes, fees, rates, and other conditions.
What is the Salary Calculator?
A salary calculator estimates your monthly in-hand pay and annual take-home from your CTC in India. It accounts for common deductions like Provident Fund and professional tax so you can see roughly what lands in your bank account each month. Income tax depends on your regime and is shown separately.
Formula & how it works
In-hand = Monthly gross − (PF + Professional tax + Other deductions)- Monthly gross
- = annual CTC ÷ 12
- PF
- = 12% of monthly basic (default basic = 40% of CTC)
This is a simplified estimate for India. Income tax depends on your regime and declarations and is not deducted here. Statutory rules are versioned and shown with each result.
Example
An annual CTC of ₹15,00,000.
Inputs
- Annual CTC
- ₹15,00,000
- Basic
- 40% of CTC
Results
- Monthly gross
- ₹1,25,000
- Estimated in-hand
- ≈ ₹1,18,800
PF is 12% of the monthly basic (₹50,000), i.e. ₹6,000, plus ₹200 professional tax, giving an estimated monthly in-hand near ₹1,18,800 before income tax.
How to use this calculator
- 1Enter your annual CTC.
- 2Optionally enter your basic and any other annual deductions.
- 3Review your estimated monthly in-hand and annual take-home.
- 4Remember income tax is separate and depends on your regime.
Frequently asked questions
What is CTC?+
CTC (Cost To Company) is the total annual amount an employer spends on you, including salary, benefits, and employer contributions.
Why is my in-hand less than my CTC?+
CTC includes deductions like PF and taxes, plus employer contributions, so your monthly in-hand is lower than CTC ÷ 12.
Does this include income tax?+
No. Income tax depends on your chosen regime and declarations, so this estimate excludes it and shows take-home before tax.