Salary Calculator

The Salary Calculator helps you understand the breakdown of your CTC (Cost to Company) and find out your actual take-home or in-hand salary after all deductions. Many employees are surprised to find that their CTC is significantly higher than what they actually receive each month — this tool makes it transparent.

CTC vs Take-Home Breakdown

Take-Home = Gross Salary − Professional Tax − Employee PF

Contribution − Income Tax (TDS) − Other Deductions

CTC includes your basic pay, HRA, special allowance, LTA, medical allowance, employer's PF contribution, gratuity, and any other benefits. Only the Gross Salary portion (minus employer PF and gratuity) is actually credited to your account before further deductions.

Example Calculation

For a CTC of ₹8,00,000 per year: Basic = ₹3,20,000, HRA = ₹1,28,000, Special Allowance = ₹2,52,000, Employer PF = ₹38,400, Gratuity = ₹18,462. Gross Salary = ₹7,00,000 approx. Deductions: Employee PF = ₹38,400, Professional Tax = ₹2,400, TDS ≈ ₹20,000. Estimated In-Hand = approximately ₹53,000–₹55,000 per month.

How to Use This Calculator

1. Enter your annual CTC or monthly gross salary.
2. Enter any additional allowances like HRA, LTA, or special allowance if known.
3. Enter your PF contribution percentage (typically 12% of basic).
4. Select your tax regime and applicable deductions.
5. Click Calculate to see your monthly in-hand salary.

Understanding Your Salary Slip

• Basic Salary is typically 40–50% of CTC — higher basic means higher PF and gratuity.
• HRA exemption depends on your city and actual rent paid.
• LTA (Leave Travel Allowance) is tax-exempt if you actually travel within India.
• Flexible Benefit Plans (FBP) allow you to optimise components like internet/food allowance to save tax.