Salary / CTC Breakup Calculator
Convert your CTC into monthly in-hand salary.
Simplified model. Actual in-hand varies with company policy, allowances and bonuses.
How it works
We split your CTC into basic pay, HRA, employer PF and gratuity accrual, then subtract employee PF, professional tax and your estimated income tax. What remains, divided by 12, is your estimated monthly in-hand salary.
Example
A ₹12 lakh CTC with 40% basic and about ₹60,000 annual income tax works out to roughly ₹89,000/month in hand.
FAQs
Why is in-hand less than CTC / 12?
CTC includes employer-side costs like employer PF and gratuity that never reach your bank account. In-hand is what remains after all deductions.
What is gratuity accrual?
About 4.81% of basic is set aside by your employer towards gratuity, payable after 5 years of service. It is part of CTC but not monthly pay.
Why is PF capped at ₹21,600?
PF is 12% of basic, but calculated on a maximum wage of ₹15,000/month — so ₹1,800/month or ₹21,600/year, unless your company contributes on full basic.