CTC to In-Hand Salary
Estimate take-home from cost-to-company.
As of FY 2026-27Inputs
This calculator applies to India — the rules behind it are Indian tax/regulatory rules, not just the currency, so it isn't shown in other currencies.
This calculator is for general information only and isn't financial advice. Rates, tax rules, and your actual eligibility depend on your specific situation — check with your bank or a qualified advisor before acting on it.
Formula
In-hand = CTC − (CTC × PF%) − ((CTC − PF) × Tax%)
Employee PF is deducted as a flat percentage of CTC, then income tax is applied as a flat effective rate on the remainder. This is a quick shortcut — real payslips split basic, HRA, allowances, and use progressive slabs.
Worked example
A ₹15,00,000 CTC with 12% employee PF and a 20% flat tax rate on the balance gives roughly ₹10.56 lakh in-hand annually — about ₹88,000 per month. PF takes ₹1.8 lakh and tax about ₹2.64 lakh; swap the flat 20% for slab-based tax in the income tax calculator for a closer figure.
Where this can give the wrong answer
- Professional tax (₹200–2,500/year depending on state), ESIC, and NPS contributions aren't deducted — Maharashtra and Karnataka employees especially will see a slightly lower in-hand.
- PF is capped at 12% of basic in many companies but modelled here as a flat % of full CTC, which overstates PF when CTC includes large variable pay or HRA.
- A 0% tax rate is valid for estimating gross minus PF only; a 0% PF rate models firms that don't deduct PF (contract roles, some startups).
FAQ
- Offer letters often assume optimised tax declarations (HRA, 80C, standard deduction). This calculator uses a single effective tax rate on CTC minus PF — use the income tax calculator with your actual taxable income for a slab-based estimate.