What is a salary Calculator?
Your CTC (Cost to Company) is almost never what lands in your account — it includes the employer’s PF contribution and a gratuity provision that you never see monthly, on top of your own PF deduction, professional tax and income tax. This gap is why a ₹12 lakh CTC offer can feel considerably smaller once the first payslip arrives.
Enter your annual CTC and how it’s structured (Basic as a % of CTC, HRA as a % of Basic) to see an estimated monthly in-hand salary.
How the breakup is estimated
Gross Salary is CTC minus the employer’s PF contribution (12% of Basic) and a standard gratuity provision (4.81% of Basic) — both are part of your CTC but never actually reach your bank account monthly. Income tax here is estimated under the new regime, since it’s the default and needs no extra deduction inputs.
Every company structures CTC slightly differently — bonus components, meal cards, and other perks can all change this breakup. Treat this as a reasonable estimate to sanity-check an offer, not an exact payslip replica.
Frequently asked questions
Why is my in-hand salary lower than CTC ÷ 12?
Because CTC includes components you don’t receive monthly in cash — employer PF contribution and gratuity provision — plus your own PF deduction, professional tax and TDS come out of what remains.
What professional tax should I enter?
It varies by state — several states cap it around ₹2,400/year (roughly ₹200/month), while a few states don’t levy it at all. Check your specific state’s slab if you want an exact figure.
Does this account for bonus or variable pay?
No — this assumes your entire CTC is fixed pay. If a meaningful chunk of your CTC is bonus or variable pay, your actual fixed monthly in-hand will be lower than this estimate.