Salary Calculator
Calculate your exact in-hand salary. Enter your Cost to Company (CTC) to instantly see your monthly take-home pay after standard EPF and Professional Tax deductions.
Salary Details
Salary Breakdown
Salary Structure Breakup
Annual vs Monthly comparison of your compensation components.
Based on standard assumptions
| Component | Monthly (₹) | Annually (₹) | Type |
|---|
Understanding Your Salary Structure
Cost to Company (CTC) is the total amount a company spends on an employee in a year. However, this is not the amount you receive in your bank account. Your in-hand or take-home salary is the CTC minus various deductions.
Key Components
Basic Salary: This is the core of your compensation, usually making up 40% to 50% of your CTC. Many benefits and deductions like EPF are calculated based on this amount.
Allowances: These include House Rent Allowance (HRA), Leave Travel Allowance (LTA), and Special Allowances. They form the remaining part of your gross salary.
Deductions: The most common mandatory deductions are the Employee Provident Fund (EPF), which is typically 12% of your Basic Salary, and Professional Tax (PT), a state-level tax ranging around ₹200 per month.