Salary Calculator · CTC to In-Hand
What will you actually take home?
Enter your CTC and we'll estimate your monthly in-hand salary — employer PF, gratuity provision, employee PF, professional tax and income tax (TDS), broken down line by line for FY 2026-27.
- Updated July 2026
- Built by CA Anil Agarwal
Full cost-to-company as per your offer letter.
Most offer letters set basic between 40–50% of CTC. Adjust if yours differs — the rest is treated as allowances.
Default ₹200/month is a common state slab. Professional tax varies by state and even by income band — check your state's PT schedule (some states, and some months, charge ₹300).
New regime is the FY 2026-27 default. Old-regime figures here ignore 80C/80D/HRA deductions — use the income tax calculator for a deduction-aware old-regime number.
Estimated in-hand salary
₹93,795 / month
₹11,25,540 / year
- Annual CTC
- ₹12,00,000
- − Employer PF
- − ₹21,600
- − Gratuity provision
- − ₹28,860
- Gross salary
- ₹11,49,540
- Basic
- ₹6,00,000
- Allowances
- ₹5,49,540
- − Employee PF
- − ₹21,600
- − Professional tax
- − ₹2,400
- − Income tax (TDS)
- − ₹0
- In-hand (annual)
- ₹11,25,540
- In-hand (monthly)
- ₹93,795
This is an ESTIMATE, not a payslip. Basic %, professional tax slabs, HRA and other allowance splits vary by employer and by state, and this calculator does not apply HRA exemption, LTA, or old-regime deductions (80C/80D) to the tax figure. For your exact take-home, check your appointment letter/payslip structure or confirm with a Chartered Accountant.
Run payroll the way this calculator explains it.
TatvaBooks payroll computes PF, ESI, professional tax and TDS per employee — correctly, every month — and posts the journal entries automatically. No spreadsheet re-derivation required.
How it works
From CTC to bank account.
What CTC actually includes
Cost-to-company (CTC) is the total amount your employer spends on you annually — not what lands in your bank account. It bundles your gross salary (basic + allowances) with employer-side costs you never directly receive: employer PF contribution (12% of basic, subject to the statutory wage ceiling) and a gratuity provision (typically 4.81% of basic, payable only after 5 years of continuous service).
From CTC to gross salary
Gross salary — what appears on your payslip before deductions — is CTC minus employer PF and the gratuity provision. Gross splits into basic (usually 40–50% of CTC) and allowances (HRA, special allowance, LTA and others, which make up the rest).
From gross to in-hand
From gross salary, three deductions bring you to in-hand pay: employee PF (another 12% of basic, subject to the same wage ceiling as employer PF), professional tax (a small state-level monthly levy), and income tax (TDS) — calculated on your annual salary using the same FY 2026-27 slab logic as our income tax calculator, then divided by 12 for the monthly deduction.
Where estimates diverge from your actual payslip
Real payslips vary by employer: basic % differs, some employers structure HRA/LTA/meal cards precisely for tax efficiency, some cap PF and some don't, and professional tax slabs differ by state and sometimes by month. This calculator uses sensible statutory defaults — adjust the basic % and PF toggle to match your actual offer letter for a closer number, and check our HRA calculator if you pay rent, since HRA exemption isn't modelled here.
Frequently asked questions
Salary calculator — common questions.
How does this salary (CTC to in-hand) calculator work?
Why is my in-hand salary lower than my CTC?
What is the PF wage ceiling and why does it matter?
Does this calculator account for HRA exemption?
Is professional tax the same in every state?
Which tax regime should I pick for my TDS estimate?
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Books that run payroll correctly, every month.
TatvaBooks computes PF, ESI, professional tax and TDS per employee, handles per-employee salary revisions, and posts the accounting entries automatically. Estimation is one button. Payroll is the next.