Net Salary / Take Home Salary Calculator
Convert CTC to in-hand salary with EPF, tax & deduction breakup.
Use this free salary calculator to estimate your monthly in-hand pay from CTC or gross salary. See the full breakup of basic, HRA, PF, professional tax, and income tax under both old and new regimes — designed for Indian salaried employees.
Salary Details
12% of basic deducted from salary
State-level tax, typically ₹200/month
PF on entire basic salary
Gratuity provision (4.81% of basic) is part of CTC but not in-hand
Monthly In-Hand Salary
₹89,002
₹10.68 L per year
Tax Regime Comparison
Old Regime
₹81,713
Tax: ₹87,465/yr
New Regime
₹89,002
Tax: ₹0/yr
BetterYou save ₹87,465 per year with the new regime
This is an estimate. Actual take-home depends on employer payroll structure, declarations, and statutory rules.
CTC Breakdown
Salary Component Breakdown
| Component | Monthly | Annual | In CTC |
|---|---|---|---|
| Basic Salary | ₹37,480 | ₹4,49,760 | ✓ |
| HRA | ₹18,740 | ₹2,24,880 | ✓ |
| Special Allowance | ₹37,480 | ₹4,49,760 | ✓ |
| Employer PF | ₹4,498 | ₹53,976 | ✓ |
| Gratuity | ₹1,802 | ₹21,624 | ✓ |
| Employee PF | - ₹4,498 | - ₹53,976 | — |
| Professional Tax | - ₹200 | - ₹2,400 | — |
| Income Tax (TDS) | ₹0 | ₹0 | — |
| Monthly In-Hand | ₹89,002 | ₹10.68 L |
Key Insights
Understanding Your Salary
CTC ≠ Take-Home
Only 89% of your CTC reaches your bank account as monthly salary. The rest goes to employer contributions, tax, and PF.
Tax Impact
Income tax of ₹0/year reduces your monthly pay by ₹0. Your effective tax rate is 0%.
Employer Costs
Your employer spends ₹75,600/year on PF, gratuity, and NPS — part of CTC but never in your bank account.
Calculator education
How take-home salary is estimated
This calculator converts your CTC or gross salary into an estimated monthly in-hand salary by accounting for salary structure, statutory deductions, and income tax under both regimes.
1. Enter CTC or gross salary
Choose whether to enter annual CTC, annual gross salary, or monthly gross salary. The calculator derives salary components from the entered amount.
2. Deduct employer and employee contributions
Employer PF, gratuity, and NPS are separated from CTC. Employee PF and professional tax are deducted from gross salary.
3. Estimate income tax under both regimes
The calculator computes tax under old and new regimes, applies the better option, and shows the final monthly in-hand salary.
Tax Information
Tax regime impact
The old regime allows deductions like 80C, 80D, HRA exemption, and home loan interest. The new regime has lower slab rates but fewer deductions. The calculator shows which regime gives better take-home.
Key Drivers
What affects take-home pay
Basic salary percentage, EPF contribution structure, tax regime choice, and deduction claims are the biggest factors affecting the gap between CTC and in-hand salary.
Planning Note
Good to know
This is an estimate based on standard salary structures. Actual payroll deductions depend on your employer's compensation design, payroll policy, and your final tax declarations.
Overview
What is a Take Home Salary Calculator? How It Works in India
A take-home salary calculator estimates the actual amount credited to your bank account each month after accounting for employer deductions (PF, gratuity), employee deductions (PF, professional tax), and income tax. It bridges the gap between the CTC your employer quotes and the money you actually receive, helping Indian salaried employees plan monthly budgets, compare job offers, and choose between old and new tax regimes.
Key Features of This Calculator
Converts CTC, annual gross, or monthly gross to in-hand salary instantly.
Compares old and new tax regimes side by side with regime recommendation.
Accounts for EPF (full basic or capped at ₹15,000), professional tax, and gratuity.
Advanced mode supports 80C, 80D, NPS, HRA exemption, and home loan interest deductions.
Shows full salary component breakdown table and CTC split chart.
How it works
CTC to In-Hand Salary Formula Explained with Example
Gross salary is derived from CTC by removing employer-only costs (employer PF, gratuity, employer NPS). From gross salary, statutory deductions like employee PF contribution, professional tax, and monthly income tax (TDS) are subtracted to arrive at the monthly in-hand amount.
Take-Home Salary Formula
In-Hand Salary = Gross Salary − Employee PF − Professional Tax − Income Tax (TDS)
CTC
CTC
Cost to company
Employer costs
EC
PF + Gratuity + NPS
Deductions
D
EPF + Tax + PT
In-Hand
NET
Monthly take-home
Formula context
Review the formula flow to see how the core inputs combine into the final output.
1. Enter CTC or gross salary
Choose whether to enter annual CTC, annual gross salary, or monthly gross salary. The calculator derives salary components from the entered amount.
2. Deduct employer and employee contributions
Employer PF, gratuity, and NPS are separated from CTC. Employee PF and professional tax are deducted from gross salary.
3. Estimate income tax under both regimes
The calculator computes tax under old and new regimes, applies the better option, and shows the final monthly in-hand salary.
Quick guide
Salary Example: ₹12 LPA CTC in a Metro City
With a ₹12 LPA CTC, 40% basic salary, employer PF on full basic, and gratuity included, gross salary works out to about ₹10.20 LPA. After deducting employee PF (~₹40,800/yr), professional tax (₹2,400/yr), and income tax under the new regime (~₹54,600/yr), the monthly in-hand salary is approximately ₹76,000.
Worked example
Annual CTC
Rs. 12,00,000
Employer costs
Rs. 1,15,200
Employee deductions
Rs. 1,72,800
Monthly in-hand
Rs. 76,000
CTC to in-hand walkthrough
CTC = Rs. 12,00,000, Gross = CTC - Employer PF - Gratuity
Monthly Gross = Gross / 12, Basic = 40% of Gross
Deductions = Employee PF + Professional Tax + Income Tax
Monthly In-Hand = Monthly Gross - Monthly Deductions
This is an estimate based on standard salary structures. Actual payroll deductions depend on your employer's compensation design, payroll policy, and your final tax declarations.
Tax information
Tax regime impact
The old regime allows deductions like 80C, 80D, HRA exemption, and home loan interest. The new regime has lower slab rates but fewer deductions. The calculator shows which regime gives better take-home.
Basic salary percentage, EPF contribution structure, tax regime choice, and deduction claims are the biggest factors affecting the gap between CTC and in-hand salary.
Calculator education
How take-home salary is estimated
This calculator converts your CTC or gross salary into an estimated monthly in-hand salary by accounting for salary structure, statutory deductions, and income tax under both regimes.
1. Enter CTC or gross salary
Choose whether to enter annual CTC, annual gross salary, or monthly gross salary. The calculator derives salary components from the entered amount.
2. Deduct employer and employee contributions
Employer PF, gratuity, and NPS are separated from CTC. Employee PF and professional tax are deducted from gross salary.
3. Estimate income tax under both regimes
The calculator computes tax under old and new regimes, applies the better option, and shows the final monthly in-hand salary.
Tax Information
Tax regime impact
The old regime allows deductions like 80C, 80D, HRA exemption, and home loan interest. The new regime has lower slab rates but fewer deductions. The calculator shows which regime gives better take-home.
Key Drivers
What affects take-home pay
Basic salary percentage, EPF contribution structure, tax regime choice, and deduction claims are the biggest factors affecting the gap between CTC and in-hand salary.
Planning Note
Good to know
This is an estimate based on standard salary structures. Actual payroll deductions depend on your employer's compensation design, payroll policy, and your final tax declarations.
Use cases
Salary Scenarios: Offer Comparison, Tax Regime & EPF Impact
Take-home salary calculations are most useful during job changes, salary restructuring, and annual tax declaration planning.
Comparing Two Job Offers: ₹15 LPA vs ₹18 LPA CTC
A higher CTC doesn't always mean higher take-home. An ₹18 LPA offer with higher variable pay and employer NPS may give less monthly cash than a ₹15 LPA offer with a higher fixed component. Use the calculator to compare both and look at the monthly in-hand figure, not just the CTC headline.
Old vs New Regime for ₹20 LPA Salary
At ₹20 LPA with ₹2.5L in 80C, ₹50K in 80D, ₹25K rent, and ₹2L home loan interest, the old regime may save ₹40,000–60,000 more than the new regime. Without these deductions, the new regime wins. Toggle inputs in advanced mode to see the tipping point.
EPF on Full Basic vs Capped at ₹15,000
If your basic is ₹60,000/month and EPF is on full basic, employer and employee PF together lock ₹14,400/month into retirement savings. With the ₹15,000 cap, PF drops to ₹3,600/month — boosting monthly in-hand but reducing retirement corpus. This calculator lets you model both.
FAQ
Frequently Asked Take Home Salary Calculator How It Works in India Questions
These FAQs cover common questions about CTC vs in-hand salary, EPF impact, professional tax, and tax regime selection for Indian salaried employees.
CTC (Cost to Company) includes everything your employer spends on you — basic salary, allowances, employer PF, gratuity, insurance, and bonuses. In-hand salary is what you actually receive in your bank account after deductions like employee PF, professional tax, and income tax.
Related tools
Related Calculators
Use these calculators alongside the salary calculator for comprehensive financial planning.
Income Tax Calculator
Detailed old vs new regime tax comparison with all deductions.
HRA Calculator
Check how HRA exemption affects your tax under the old regime.
EPF Calculator
Project long-term EPF corpus growth from salary contributions.
Gratuity Calculator
Estimate gratuity payout based on service years and last drawn salary.