Salary (In-Hand) Calculator
Calculate monthly take-home salary from Annual CTC after EPF, Professional Tax, and TDS deductions.
Salary & Compensation Engine
Salary (In-Hand) Calculator
₹12,00,000 / year
Monthly In-Hand (Take-Home) Salary
₹87,500
Take-Home (93.1%)Deductions (6.9%)
Annual Cost to Company (CTC):₹12,00,000
Estimated Monthly Gross Salary:₹94,000
Total Monthly Deductions:₹6,500
Annual Net Take-Home Pay:₹10,50,000
Employee PF (Monthly):₹1,800
Professional Tax (PT):₹200
Estimated Monthly TDS:₹4,500
Detailed Salary Component Table
| Salary Component | Monthly Amount | Annual Total | Classification |
|---|---|---|---|
| Basic Salary (50%) | ₹50,000 | ₹6,00,000 | Gross Earnings |
| House Rent Allowance (20%) | ₹20,000 | ₹2,40,000 | Gross Earnings |
| Special Allowance | ₹24,000 | ₹2,88,000 | Gross Earnings |
| Employee PF (EPF) | -₹1,800 | -₹21,600 | Employee Deduction |
| Professional Tax (PT) | -₹200 | -₹2,400 | Employee Deduction |
| Estimated TDS / Tax | -₹4,500 | -₹54,000 | Employee Deduction |
| Net Take-Home Salary | ₹87,500 | ₹10,50,000 | Net Payout |
Important NoticeResults are estimates based on the inputs and mathematical assumptions shown on this page. Actual financial outcomes, loan approvals, and investment returns may vary based on product terms and market conditions.
How to Use the Salary (In-Hand) Calculator
- Input your parameters in the fields or drag the interactive sliders.
- The algorithm updates the primary metric and schedules in real-time.
- Click “Copy Result” to copy structured values to your clipboard.
Calculation Formula
Net Monthly In-Hand = Gross Monthly Salary - (Employee PF + Professional Tax + Monthly TDS + Other Deductions)
Example Calculation
Annual CTC of ₹12,00,000 with standard 50% Basic pay structure
Annual CTC: ₹12,00,000
Monthly PF: ₹1,800
Professional Tax: ₹200
Monthly TDS: ₹4,500
Outcome: Monthly Gross: ₹98,200 | Monthly Deductions: ₹6,500 | Net Take-Home Salary: ₹91,700 / month
Employer contributions are separated from gross salary, and statutory deductions are withheld to produce net in-pocket pay.
Important Assumptions
- CTC-to-take-home calculations are estimates because employer CTC structures differ.
- Statutory EPF deduction is 12% of basic pay (capped at ₹1,800/mo standard).
- Professional tax is estimated at standard ₹200/month (₹2,400/year).
Frequently Asked Questions
What is the difference between CTC and take-home salary?
CTC is the total cost to the company including employer benefits (PF, gratuity, insurance). Take-home is the net amount credited after employee deductions.
Does CTC include employer PF?
Yes, most employer CTC structures bundle the employer's 12% PF contribution inside the headline CTC.
Important NoticeResults are estimates based on the inputs and mathematical assumptions shown on this page. Actual financial outcomes, loan approvals, and investment returns may vary based on product terms and market conditions.