Estimate your monthly take-home pay after income tax and statutory deductions. Choose your country or enter a custom rate.
CTC (Cost to Company) is the total amount the employer spends on you, including your salary, employer's PF contribution, gratuity, and allowances. In-hand salary is what you actually receive after deducting employee PF, income tax, and professional tax.
Under the new tax regime: income up to ₹3 lakh is tax-free. ₹3–7L: 5%, ₹7–10L: 10%, ₹10–12L: 15%, ₹12–15L: 20%, above ₹15L: 30%. A ₹7 lakh income has zero tax due to the Section 87A rebate. Standard deduction of ₹75,000 also applies.
PF (Provident Fund) deduction is 12% of your basic salary, deducted from your salary each month. The employer contributes an equal 12%. The combined 24% goes into your EPF account, which earns a government-set interest rate (typically 8–8.5% annually).
Approximate formula: Monthly in-hand = (CTC − Employer PF − Annual Tax) ÷ 12. Employer PF = 12% of annual basic. Annual basic is typically 40–50% of CTC. Use this calculator for a precise breakdown based on your actual CTC structure.