CTC to In-Hand Salary Calculator
Get your exact monthly take-home salary from your CTC. Includes PF, professional tax, and income tax (new & old regime) for FY 2024-25.
Calculate Your Take-Home Salary
Enter your CTC and salary structure to get a detailed monthly and annual salary breakup.
What is CTC and In-Hand Salary?
CTC (Cost to Company) is the total amount an employer spends on an employee annually — including salary, benefits, PF contributions, gratuity provisions, and bonuses. Your in-hand salary (take-home pay) is what actually gets credited to your bank account each month.
CTC vs Gross vs Net Salary
- CTC: Everything the company pays on your behalf (includes employer PF, gratuity provision)
- Gross Salary: CTC minus employer PF and gratuity — what you actually earn before deductions
- Net / In-Hand Salary: Gross minus employee PF, professional tax, and income tax TDS
New Regime vs Old Regime (FY 2024-25)
- New Regime: Standard deduction ₹75,000. Slabs: 0-3L=0%, 3-7L=5%, 7-10L=10%, 10-12L=15%, 12-15L=20%, >15L=30%. Rebate u/s 87A if income ≤ ₹7L
- Old Regime: Standard deduction ₹50,000. Can claim HRA, 80C (₹1.5L), 80D, home loan interest etc. Slabs: 0-2.5L=0%, 2.5-5L=5%, 5-10L=20%, >10L=30%
- For most people earning up to ₹10–12L, the new regime results in lower tax
Key Salary Components
- Basic Salary: 40–50% of CTC. PF, gratuity are calculated on this
- HRA: House Rent Allowance — 50% of basic (metro) or 40% (non-metro)
- Employee PF: 12% of basic (capped at ₹15,000 basic for mandatory PF)
- Employer PF: 12% of basic — forms part of CTC, not in-hand
- Professional Tax: ₹200/month in most states, deducted from salary
- Gratuity Provision: 4.81% of basic — retained by employer, paid on exit after 5 years