Free Tool — Take-Home Salary Calculator
Take-Home Salary Calculator
Enter your annual CTC to estimate your monthly in-hand salary after standard deductions.
Monthly take-home
₹45,000.00
Employee PF deducted
₹2,400.00
Annual take-home
₹5,40,000.00
Estimate based on typical PF and professional tax assumptions — actual take-home depends on your exact salary structure and any income tax TDS deducted.
What actually lands in your account each month
CTC (Cost to Company) is rarely the amount that lands in a bank account. Provident fund contributions, professional tax and other deductions come out before salary is paid, and the gap between CTC and in-hand pay surprises a lot of new hires — and a lot of owners budgeting for a new role.
This calculator gives a quick estimate of monthly take-home pay from an annual CTC figure, using typical PF and professional tax assumptions. Actual numbers depend on your specific salary structure (basic, HRA, allowances) and company policy, so treat this as a planning estimate rather than a payslip.
Take-home salary formula
Monthly CTC = Annual CTC ÷ 12. Basic = Monthly CTC × Basic % ÷ 100. Employer PF = Employee PF = Basic × 12%. Gross monthly salary = Monthly CTC − Employer PF. Monthly take-home = Gross monthly salary − Employee PF − Professional tax. Annual take-home = Monthly take-home × 12.
How to use the take-home salary calculator
- 1Enter your annual CTC from the offer letter or appointment letter.
- 2Enter basic salary as a percentage of CTC. If your payslip shows basic as a monthly amount, divide it by monthly CTC and multiply by 100.
- 3Enter the monthly professional tax your state deducts, or 0 if your state does not levy it.
- 4Read the monthly take-home, the employee PF deducted each month and the annual take-home.
- 5Change the basic percentage to see how a different salary structure moves your in-hand pay.
Worked example: ₹6 lakh CTC with 40% basic
A store supervisor is offered a CTC of ₹6,00,000 with basic set at 40% and ₹200 a month of professional tax. In the take-home salary calculator, monthly CTC is ₹6,00,000 ÷ 12 = ₹50,000, so basic is ₹20,000. Employer PF at 12% of basic is ₹2,400 and comes out of CTC first, leaving a gross monthly salary of ₹47,600. Employee PF of another ₹2,400 and professional tax of ₹200 are then deducted, so the monthly take-home is ₹45,000, or ₹5,40,000 a year.
Raise basic to 50% on the same CTC and basic becomes ₹25,000. Both PF contributions rise to ₹3,000, gross falls to ₹47,000, and take-home drops to ₹47,000 − ₹3,000 − ₹200 = ₹43,800, which is ₹1,200 less each month. The money is not lost: total provident fund savings go up from ₹4,800 to ₹6,000 a month.
What changes your real in-hand pay
- Check the PF line on your payslip. If it is less than 12% of your basic, your employer caps PF at the statutory wage ceiling and your real take-home is higher than shown here.
- Take variable pay, joining bonus and employer-paid insurance out of CTC before entering it, because they are not paid to you every month.
- Some employers include gratuity in CTC at about 4.81% of basic. It is paid only when you leave after five years, so remove it for a truer monthly figure.
- Professional tax is capped at ₹2,500 a year, and some states, such as Delhi, do not levy it at all.
- ESI is not deducted here. If your gross pay is within the ESI wage limit, your 0.75% ESI contribution also comes out of each month's pay.
- Only the basic percentage moves the result. HRA, special allowance and other allowances are treated as one remainder, so how they are split does not change the figure.
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Take-home salary calculator FAQs
CTC is the total cost an employer bears for an employee, including basic pay, allowances, employer's PF contribution and other benefits. Take-home salary is what actually gets paid into the employee's bank account each month, after deductions like employee PF contribution, professional tax and income tax (if applicable).
Because CTC includes employer contributions (like employer PF) that never reach the employee's bank account, and deductions like employee PF, professional tax and TDS are subtracted from gross pay before it's disbursed.
It's a planning estimate based on typical assumptions for PF and professional tax. Your actual take-home pay depends on your specific salary structure, state, and any additional deductions like income tax TDS, so use your company's payslip or HR for the exact figure.
No — this calculator estimates deductions for PF and professional tax only. For an estimate that includes income tax, use the income tax calculator alongside this tool.
It takes 12% of your basic salary twice: once as the employer's contribution, which is part of CTC but never reaches your bank account, and once as your own contribution, deducted from gross pay. It applies 12% to the full basic with no wage ceiling, so if your employer limits PF to the statutory wage ceiling, your real take-home will be a little higher.
Use the figure from your offer letter or payslip: monthly basic divided by monthly CTC, times 100. Many Indian companies set basic at around 40% to 50% of CTC, and the calculator starts at 40%. A higher basic means more PF deducted and lower monthly take-home, but larger PF savings and a bigger gratuity later.
Enter the monthly amount your state deducts from salary. Professional tax is a state levy capped at ₹2,500 a year, and ₹200 a month is a common figure where it applies; the calculator starts at ₹200. Some states, including Delhi, do not charge it, so enter 0 there. Your payslip shows the exact deduction.
Yes. Enter the annual CTC you plan to offer and the basic percentage in your salary structure to see what the employee will receive each month. Employer PF is inside the CTC figure, so CTC is your full yearly cost for the role before any bonus or insurance you add on top. Compare that cost with the sales the role will support.
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