Ask for the breakup
Compare Basic, HRA, allowances, variable pay, employer contributions and deductions line by line.
Money Tools · Income
Salary Calculator
Turn your CTC (Cost to Company) into a realistic monthly in-hand salary. See exactly how Basic, HRA, PF and gratuity are carved out of your package before it hits your bank account.
Salary details
Pay
Ledger
Ledger
Entry No. 01 — Monthly in‑hand
₹61,900
estimated take‑home per month
Monthly Basic₹30,000
Monthly HRA₹15,000
Monthly special allowance₹17,910
Employee PF deduction₹3,600
Professional tax₹200
Excludes income tax/TDS — check the Income Tax Calculator for your exact tax outgo.
Read your offer correctly
CTC, gross salary and in-hand pay are different
Cost to Company is the employer's total annual cost and may include components that do not reach your bank account every month. Employer PF contribution, gratuity, annual bonus, insurance and other benefits can all form part of CTC. Gross salary is closer to recurring earnings, while in-hand salary is what remains after employee deductions.
Check variable pay
A large performance bonus can make the headline CTC attractive while monthly fixed pay remains lower.
Budget from net pay
Plan rent, EMIs and savings using expected monthly in-hand salary—not the annual CTC divided by twelve.
Actual payroll can differ because of income-tax withholding, state professional tax, company benefit policies, attendance adjustments and the tax declarations submitted to your employer.
How it works
How to use the salary calculator
Enter your annual CTC
Use the exact figure from your offer letter or appraisal letter, including all components.
Set your Basic pay percentage
Check your salary structure — most companies set Basic between 35–50% of CTC. This drives PF and gratuity too.
Choose your city type
HRA exemption rules differ for metro (Delhi, Mumbai, Kolkata, Chennai) versus non‑metro cities.
Read your monthly breakup
See Basic, HRA, special allowance, PF and professional tax, plus your final estimated in‑hand salary.
Understanding CTC
What actually happens between CTC and your bank account
Your CTC (Cost to Company) is not the amount you receive — it is what your employer spends on you in a year, including components that never touch your bank account. A typical breakup looks like this:
| Component | Typical assumption | Reaches your account? |
|---|---|---|
| Basic pay | 35–50% of CTC | Yes, monthly |
| HRA | 40–50% of Basic | Yes, monthly |
| Special allowance | Balancing figure | Yes, monthly |
| Employer PF contribution | 12% of Basic | No — goes to your EPF account |
| Gratuity provision | ~4.81% of Basic | No — paid only on exit after 5 years |
| Employee PF deduction | 12% of Basic | No — deducted from gross pay |
| Professional tax | State-specific, up to ~₹200/month | No — deducted from gross pay |
Once employer contributions (which never leave the company's books as cash to you) and your own deductions are removed, what's left is your in‑hand salary — before income tax. This calculator does not compute TDS; pair it with our Income Tax Calculator for that.
FAQ
Frequently asked questions
What is the difference between CTC and in-hand salary?
CTC is the company's total annual spend on you, including employer PF and gratuity. In‑hand salary is what actually lands in your bank account after all deductions.
Why is my in-hand salary lower than CTC ÷ 12?
Because CTC includes non‑cash components like employer PF contribution and gratuity provision, plus deductions such as your own PF and professional tax.
What percentage of CTC is usually Basic pay?
Most companies set Basic between 35% and 50% of CTC. A higher Basic raises PF and gratuity contributions but can improve HRA exemption.
Is professional tax the same everywhere in India?
No — it's a state-level tax that varies, typically up to about ₹200/month subject to a state-specific annual cap. Some states levy none at all.
Does this calculator include income tax?
No. This tool estimates your salary breakup only. Use our Income Tax Calculator separately to estimate TDS under the old or new regime.
Related