Salary Calculator
Estimate your monthly and annual take-home salary from your CTC
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What is the Salary Calculator?
The Salary Calculator estimates your monthly take-home (net) pay from your annual CTC (Cost to Company), based on a typical Indian salary structure — Basic pay, HRA, employee Provident Fund (PF) contribution and income tax. It's built for quick estimation, not payroll-grade accuracy.
How to Use the Salary Calculator
- Enter your annual CTC as stated in your offer letter or payslip.
- Adjust HRA and PF percentages if your employer uses different figures (40% HRA and 12% PF are common defaults).
- Add any other fixed monthly deductions (e.g. professional tax, loan EMIs deducted at source).
- Read your breakdown — gross, deductions and net take-home pay, monthly and annually.
What Affects Take-Home Salary?
- Basic pay — usually 40–50% of CTC, and the base for HRA and PF calculations.
- HRA (House Rent Allowance) — partly tax-exempt if you pay rent; see the HRA Calculator.
- Provident Fund — a mandatory retirement savings deduction, typically 12% of basic pay.
- Income tax slab — depends on total taxable income and which tax regime you choose.
Frequently Asked Questions
It's a close estimate using common defaults, but actual payslips vary by company policy, bonuses, allowances and exact tax deductions. Treat the result as a planning estimate, not an official figure.
CTC (Cost to Company) is the total amount your employer spends on you annually, including benefits. Take-home salary is what actually lands in your bank account after PF, tax and other deductions — always lower than CTC.
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