Salary Calculator
Convert your CTC into monthly in-hand salary after PF, professional tax and income tax.
Basic Salary (Monthly)
₹50,000
Employee PF (Monthly)
₹1,800
Income Tax (Monthly)
₹0
Professional Tax (Monthly)
₹200
Monthly In-Hand Salary
₹98,000
Annual In-Hand Salary
₹11,76,000
How to Use This Calculator
1. Enter your annual CTC (Cost to Company) as mentioned in your offer letter.
2. Enter any fixed annual bonus component included in your CTC.
3. View your estimated monthly in-hand salary after EPF, professional tax and income tax deductions.
Formula & Explanation
In-hand salary = CTC − Employer PF − Employee PF − Professional Tax − Income Tax
This calculator assumes Basic Salary is 50% of fixed CTC, Employee EPF contribution is 12% of basic (capped at ₹21,600/year), professional tax of ₹200/month (varies by state), and income tax is estimated using FY 2025-26 new regime slabs with the ₹75,000 standard deduction.
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Frequently Asked Questions
CTC (Cost to Company) is the total amount a company spends on an employee including benefits and employer contributions. In-hand salary is what actually gets credited to your bank account after all deductions.
CTC includes components like employer PF contribution, gratuity and other benefits that are not paid to you directly, plus deductions like employee PF, professional tax and income tax reduce your take-home pay.
No, professional tax varies by state and is capped at different maximum amounts. This calculator uses a common estimate of ₹200/month; check your specific state slab for exact figures.
No, this is a simplified estimate assuming the new tax regime. Use the HRA Calculator and Income Tax Calculator together for a more precise old-regime estimate.
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