SG
SalaryGridSalary • Career • Financial Grid

CTC to In-Hand Salary Calculator India

Calculate your exact monthly take-home salary from your annual CTC. See complete breakdown of basic salary, HRA, EPF contributions, professional tax, and income tax under both New and Old tax regimes.

Enter Salary Details

FY 2024-25 / FY 2025-26
₹12,00,000 / year
₹
Estimated In-Hand PayNew Tax Regime
₹82,778/ month
Annual Take-Home: ₹9,93,332
Monthly Gross Pay₹94,000
Employee PF (12%)-₹6,000
Professional Tax-₹200
Estimated Income Tax-₹5,022
Share Result:
Disclaimer: Calculations and results are estimates based on standard Indian financial and labor rules. Actual take-home salary, EPF, tax liabilities, or loan terms may vary depending on employer policies, state-specific professional tax rules, individual tax deductions, and recent regulatory changes.

Complete Component Breakup

ComponentMonthly (₹)Annual (₹)Type
Basic Pay₹50,000₹6,00,000Earning
House Rent Allowance (HRA)₹20,000₹2,40,000Earning
Special Allowance₹24,000₹2,88,000Earning
Gross Salary (A)₹94,000₹11,28,000Gross Pay
Employee EPF (12% of Basic)-₹6,000-₹72,000Deduction
Professional Tax (PT)-₹200-₹2,400Deduction
Income Tax (TDS Estimate)-₹5,022-₹60,268Deduction
Net Monthly In-Hand Salary₹82,778₹9,93,332Net Take-Home

* All figures are estimated approximations based on standard Indian income tax slabs (FY 2025-26) and EPFO rules. Actual monthly take-home salary may vary depending on employer-specific allowances, flexi-benefits, and investment declarations.

Understanding CTC vs Take-Home Salary in India

When receiving a job offer in India, your Cost to Company (CTC) represents the total expense an employer incurs on your employment per year. However, your actual monthly in-hand salary (take-home pay) is lower due to statutory deductions and tax withholdings.

Key Deductions Explained:

  • Employee EPF Contribution: 12% of your basic salary is deposited directly into your Employees Provident Fund account.
  • Professional Tax (PT): State government tax (typically ₹200 per month, capped at ₹2,500 annually).
  • TDS / Income Tax: Calculated based on your chosen tax regime (New Tax Regime with standard ₹75,000 deduction vs Old Tax Regime with exemptions).

Frequently Asked Questions

How is CTC converted to in-hand take-home salary in India?

In-hand salary is calculated by taking your gross monthly pay and subtracting mandatory deductions including Employee EPF (12% of basic), Professional Tax (up to ₹200/mo), and estimated Income Tax (TDS) under the New or Old Tax Regime.

Is employer PF included in CTC?

Yes, in most Indian corporate offer letters, the employer's 12% contribution to EPF is part of the total Annual Cost to Company (CTC) but is deducted before calculating your monthly gross pay.

Which tax regime yields higher in-hand salary?

The New Tax Regime provides lower tax rates without requiring investments. However, if you claim full Section 80C (₹1.5L), HRA, and health insurance deductions, the Old Tax Regime may result in lower total tax for higher income brackets.

Related Tools & Calculators

Monthly & Annual Salary Calculator

Comprehensive Indian salary break-up calculator for basic pay, HRA, special allowances, and statutory deductions.

Try Calculator

EPF / PF Calculator

Calculate Employee Provident Fund (EPF) monthly contribution, employer share, EPS pension, and total accumulated interest corpus.

Try Calculator

Gratuity Calculator

Calculate your tax-exempt gratuity payout based on years of continuous service and last drawn basic salary + DA.

Try Calculator

Salary Hike & Increment Calculator

Calculate percentage salary hike, revised annual CTC, new monthly pay, or find required hike % to reach target salary.

Try Calculator