Salary Calculator (CTC to In-hand)
Understand exactly what you take home from your CTC package. This calculator breaks down a typical Indian salary structure — basic, HRA, PF, and gratuity — then applies FY 2024-25 income tax under your chosen regime to give you a reliable monthly take-home estimate.
Frequently Asked Questions
What is the difference between CTC and take-home salary?+
CTC (Cost to Company) is the total annual expense an employer bears for an employee — including employee PF contributions, employer PF contributions, gratuity provision, and any other benefits. Take-home (in-hand) salary is what gets credited to your bank account after deducting employee PF, professional tax, and income tax (TDS).
How is the basic salary calculated from CTC?+
There is no universal rule, but most Indian companies set basic salary at 40–50% of CTC. Basic salary determines PF contribution (12% of basic), HRA (40–50% of basic), and gratuity. A lower basic looks like higher take-home but reduces retirement benefits.
What components are excluded from this estimate?+
This calculator uses a standard 40% basic structure. Your actual pay-slip may differ if your employer uses different ratios, provides meal vouchers, health insurance, or ESOP. Professional tax (₹200/month in most states) is also not included — subtract ~₹2,400/year for a more accurate figure.
Should I choose the Old or New Tax Regime?+
The New Regime (default) is simpler and better for most salaried employees with limited deductions. The Old Regime benefits you if you claim large deductions — 80C investments (₹1.5L), HRA, home loan interest (₹2L), and NPS 80CCD(1B) (₹50K). Use the Income Tax Calculator for a precise comparison.