CTC to In-Hand Salary Calculator India
Estimate monthly take-home salary from annual CTC after bonus, employee PF, professional tax and other deductions.
About the CTC to In-Hand Salary Calculator India
CTC and take-home salary are not the same. This calculator helps estimate monthly in-hand pay after a bonus component, employee PF, professional tax and other monthly deductions.
How to use this calculator
- Enter annual CTC.
- Enter the variable bonus percentage included in CTC.
- Enter monthly employee PF, professional tax and other deductions.
- Review estimated fixed gross and monthly in-hand pay.
How the calculation works
The calculator removes the selected bonus portion from annual CTC, divides the remaining amount into monthly fixed gross, and subtracts the monthly deductions entered by the user.
Example
For a ₹6 lakh CTC with 10% variable bonus, the calculator treats ₹60,000 as the bonus portion before estimating monthly fixed gross and deductions.
Things to keep in mind
- CTC can include employer PF, gratuity, insurance and other benefits.
- Income tax is not automatically calculated in this simple model.
- Bonus may be paid monthly, quarterly or annually depending on the employer.
- Use the offer letter and payslip for exact figures.
Frequently asked questions
Why is in-hand salary lower than CTC?
CTC can include employer contributions and benefits in addition to cash salary, while in-hand pay reflects what reaches your bank account after deductions.
Does CTC include bonus?
Often it can, but employer structures differ. Enter the variable portion if it is included in your CTC.
Does this include income tax?
No. Use the India income-tax calculator separately for a tax estimate.