CTC to In-Hand Salary Calculator

Your CTC (Cost to Company) is what your employer spends on you annually. Your in-hand salary is what actually credits to your bank account every month. The difference — often 20–35% — goes to PF contributions, income tax (TDS), professional tax, and in some cases, gratuity provisions.

The calculation follows a standard sequence: we first derive your monthly gross salary by subtracting employer PF (12% of basic, capped at ₹15,000) and gratuity (4.81% of basic, if included in CTC) from your annual CTC, then divide by 12. From the gross, we subtract your employee PF contribution (12% of basic, max ₹1,800/month), monthly TDS based on your annual taxable income and chosen tax regime, and professional tax (typically ₹200/month).

Under the new tax regime for FY2024-25, a ₹75,000 standard deduction applies and income up to ₹7 lakh is fully rebated under Section 87A — making this regime better for most employees below ₹15 LPA. Under the old regime, deductions like 80C investments (up to ₹1.5L), HRA exemption, and NPS contributions can reduce taxable income significantly.

This calculator uses the official FY2024-25 tax slabs from the Finance Act 2024, the EPFO wage ceiling of ₹15,000, and a standard salary structure of 40% basic with 50% HRA of basic. Your actual salary structure may differ — check your offer letter CTC breakup for the exact figures.