CTC Calculator (India)
Estimate your monthly in-hand salary based on Indian payroll structure, PF, and income tax rules.
Salary Details
Ad Space
How to Use the CTC Calculator
- Enter your Annual CTC — the total cost to company from your offer letter
- Adjust the Basic Salary % — typically 40–50% of CTC
- Select your city type — metro cities (Mumbai, Delhi, Chennai, Kolkata) get higher HRA exemption
- Choose your tax regime — new regime has lower rates but no deductions; old regime allows 80C, HRA, etc.
- Click Calculate Salary to see your monthly in-hand estimate
CTC vs In-Hand — What Gets Deducted?
| Component | Typical Value | In Your Account? |
|---|---|---|
| Basic Salary | 40–50% of CTC | ✅ Yes |
| HRA | 40–50% of Basic | ✅ Yes |
| Special Allowance | Makes up remainder | ✅ Yes |
| Employee PF | 12% of Basic | ❌ No (goes to PF) |
| Professional Tax | Up to ₹2,400/year | ❌ No (tax deduction) |
| Income Tax (TDS) | Varies by slab | ❌ No (tax deduction) |
| Employer PF | 12% of Basic | ❌ No (part of CTC) |
| Gratuity | 4.81% of Basic | ❌ No (paid after 5 years) |
Old vs New Tax Regime
Old Tax Regime
- Allows HRA, LTA, 80C (₹1.5L), 80D exemptions
- Better if you pay high rent or have home loan
- Requires investment proofs and declarations
New Tax Regime (Default)
- Lower tax rates across all slabs
- ₹75,000 standard deduction (FY 2024-25)
- No other exemptions or deductions
- Better if you have few investments or deductions
Frequently Asked Questions
Why is my in-hand salary much lower than my CTC?
CTC includes employer PF, gratuity, and insurance which never appear in your salary. After income tax, employee PF, and professional tax, the gap typically reaches 25–35% of CTC.
Is gratuity paid every month?
No. Gratuity is a lump sum paid when you leave a company after completing 5+ years of continuous service. It is included in CTC but is not part of monthly pay.
What is the standard deduction for FY 2024-25?
₹75,000 under the new tax regime and ₹50,000 under the old tax regime for salaried employees.
Disclaimer: This CTC calculator provides estimates based on standard Indian payroll structures. Actual in-hand salary varies by company policy, individual tax declarations, and applicable rules. Consult your HR or a qualified CA for precise calculations.