Enter your CTC and a few standard deductions — this calculator instantly shows your monthly take-home pay and where the rest of your CTC goes.
Work out a simple in-hand estimate, or add bonus and other deductions for a fuller picture.
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Monthly in-hand
Estimate only — standard PF (12% of basic), professional tax, and a flat income-tax assumption are applied. Actual in-hand pay depends on your company's exact salary structure and your tax slab.
CTC (Cost to Company) is everything your employer spends on you in a year — not what lands in your bank account. Basic pay, HRA, and allowances make up the gross, and PF, professional tax, and income tax are deducted from that to arrive at your monthly in-hand pay.
The full annual package mentioned in your offer letter.
Usually 35–50% of CTC — check your offer's breakup if unsure.
Monthly and annual in-hand pay after standard deductions.
The salary formula
In-hand salary = CTC − (PF + professional tax + income tax)
PF is typically 12% of basic pay, matched by the employer separately.
With bonus included, variable pay is added to CTC before deductions, since it's paid out but not guaranteed monthly.
A worked example
A ₹6,00,000 annual CTC with 40% basic pay, no bonus:
| Annual CTC | ₹6,00,000 |
| Basic pay (40%) | ₹2,40,000 |
| Employee PF (12% of basic) | ₹28,800 |
| Professional tax + estimated income tax | ₹14,400 |
| Annual in-hand | ₹5,56,800 |
| Monthly in-hand | ₹46,400 |
Notice the in-hand pay is noticeably lower than CTC ÷ 12 — because PF and tax are deducted before the money reaches your account.
Typical basic pay share
30%
Lower basic, higher allowances
40%
Common mid-size company split
50%
Higher basic, larger PF corpus
60%+
Seen in some government/PSU roles
Because CTC includes employer PF contribution, gratuity, and other costs that never reach your bank account, plus your own PF and tax are deducted from the gross before payout.
Yes — variable pay or bonus is usually included in the CTC figure quoted in an offer letter, but it's paid out periodically (quarterly or annually) rather than every month.
No — this calculator uses a flat estimated deduction for simplicity. Actual income tax depends on your tax regime, exemptions, and total taxable income, so treat this as a ballpark figure.
Gross salary is your CTC minus employer-only contributions like the employer's share of PF and gratuity. Net or in-hand salary is gross minus your own deductions like PF, tax, and professional tax.
Run each CTC through this calculator to see which offer actually pays more in-hand, not just on paper.