In-Hand Salary Calculator
Break down your annual CTC into your actual monthly take-home salary after PF contributions, gratuity and estimated income tax.
What is an in-hand salary calculator?
An in-hand salary calculator converts your CTC (Cost to Company) into your actual monthly take-home pay. CTC is a broad figure that includes everything your employer spends on you — base salary, allowances, employer PF contributions, gratuity, and benefits. Your actual bank credit is significantly lower after mandatory deductions.
This calculator gives you a quick approximation so you can assess a job offer, plan your budget, or decide your EMI capacity — without needing to wait for your first payslip.
CTC components explained
- Basic salary — typically 40–50% of CTC. PF and gratuity are calculated on basic salary.
- HRA (House Rent Allowance) — typically 50% of basic for metro cities, 40% for others.
- PF (Provident Fund) — both employee and employer contribute 12% of basic. Employee PF is deducted from gross; employer PF is included in CTC.
- Gratuity — employer sets aside approximately 4.81% of basic per year. Included in CTC but paid only on leaving after 5 years.
- Income tax — varies by income slab and regime. This calculator uses an effective rate which you can adjust based on your actual tax liability.
The approximate calculation
Note: actual deductions vary by company structure, city, and individual tax elections. This is an approximation — your payslip is the authoritative source.