From CTC to take-home pay
Got an offer letter with a big CTC number? What actually reaches your bank account every month is quite different. This salary calculator breaks your CTC into basic, HRA and special allowance, removes the parts you don't receive monthly (employer PF and gratuity), and deducts your own PF, professional tax and income tax under the regime you choose — giving a realistic monthly in-hand salary.
How to use it
- Enter your annual CTC and the basic salary percentage from your offer letter (often 40–50%).
- Choose whether your company calculates PF on full basic or on the ₹15,000 wage ceiling.
- Enter professional tax from your payslip and pick your tax regime.
What's deducted
| Item | Part of CTC? | Paid to you monthly? |
|---|---|---|
| Employer PF | Yes | No — goes to your PF account |
| Gratuity (4.81% of basic) | Often | No — paid on leaving after 5 years |
| Your PF (12% of basic) | — | Deducted from gross |
| Professional tax, income tax | — | Deducted from gross |
Example
A ₹12 lakh CTC with 50% basic: employer PF ₹72,000 and gratuity about ₹28,850 come out first, leaving a gross of about ₹10.99 lakh. After your own PF of ₹72,000, ₹2,400 professional tax and income tax under the new regime — which is nil here, because taxable income stays under the ₹12 lakh rebate limit — the in-hand pay is about ₹85,400 a month. Capping PF at the ₹15,000 wage raises it to about ₹93,800. For every deduction, see the income tax calculator and the HRA calculator.
Disclaimer: Results are estimates for educational purposes only and are not financial, investment or tax advice. Please verify with your bank, broker or a SEBI-registered adviser before acting. Read the full disclaimer.