This free online take-home salary calculator estimates your in-hand pay in India after income tax and deductions, based on your annual CTC. Choose between the New and Old tax regimes and factor in provident fund and other deductions to see your estimated monthly and annual take-home salary.
Simplified estimate assuming CTC ≈ gross annual pay — actual take-home depends on your specific salary structure, allowances, and deductions. Not tax advice.
Cost to company (CTC) is everything an employer spends on you in a year. Part of it is never paid out monthly. A typical Indian salary structure looks like this:
| Component | What it is |
|---|---|
| Basic salary | Fully taxable; PF and gratuity are worked out on it |
| HRA and other allowances | Paid monthly; HRA can be partly exempt under the old regime if you pay rent |
| Employer's PF contribution | Goes to your EPF account, not your salary account |
| Gratuity provision | Paid only when you leave after qualifying service |
| Variable pay or bonus | Paid quarterly or yearly, often depending on performance |
| Group insurance premium | A benefit, not cash |
From the part that is paid, your employer deducts your own PF contribution, professional tax in states that levy it (capped at ₹2,500 a year), and TDS for income tax.
The tool calculates income tax on the whole CTC using the same slab method as our Income Tax Calculator, adds 4% cess, then removes the "Other Deductions" percentage of CTC and divides what is left by 12. The 10% default roughly covers PF on both sides when basic pay is about 40% of CTC: 12% employee PF plus 12% employer PF on that basic comes to 9.6% of CTC. If your employer limits PF to the statutory wage ceiling of ₹15,000 a month, the two contributions are ₹1,800 each a month, or ₹43,200 a year in total, which on a ₹12 lakh CTC is only 3.6%. Enter the percentage that matches your payslip and add any gratuity, insurance or variable pay you will not receive monthly.
With the New Regime and 10% other deductions, taxable income is ₹11,25,000 after the ₹75,000 standard deduction. That is under the ₹12 lakh rebate limit, so income tax is nil. Other deductions are ₹1,20,000, leaving an annual take-home of ₹10,80,000, or ₹90,000 a month.
At ₹18 lakh CTC the same settings give tax of ₹1,50,800 including cess, other deductions of ₹1,80,000 and a monthly take-home of about ₹1,22,433. The tool treats the whole CTC as taxable salary. In practice employer PF and gratuity are part of CTC but are not taxed as salary, so your real tax can be a little lower and your in-hand pay a little higher.