Salary Calculator (CTC to Take-home)
Convert your annual CTC into actual monthly take-home. The calculator breaks CTC into basic, HRA, special allowance, and retirals; then deducts your EPF share, professional tax, and income tax under either regime — showing exactly what hits your bank account each month.
Mumbai, Delhi, Kolkata, Chennai, Hyderabad, Bengaluru, Pune count as metros.
Auto picks the cheaper regime. Recommended for your inputs: New.
Old-regime deductions (optional)
Monthly take-home
₹1,03,581
₹15,00,000 CTC · 5.45% effective tax · Optimal regime
- Annual take-home
- ₹12,42,974
- Annual income tax
- ₹81,766
- Total deductions
- ₹1,56,166
EPF + PT + tax
Where your CTC goes
Step-by-step breakdown
| Component | Amount |
|---|---|
| Annual CTC | ₹15,00,000 |
| − Employer EPF | ₹72,000 (deducted) |
| − Gratuity provision | ₹28,860 (deducted) |
| = Annual gross salary (in payroll) | ₹13,99,140 |
| Basic + DA | ₹6,00,000 |
| HRA | ₹3,00,000 |
| Special allowance | ₹4,99,140 |
| − Employee EPF (12% of basic) | ₹72,000 (deducted) |
| − Professional tax | ₹2,400 (deducted) |
| − Income tax | ₹81,766 (deducted) |
| = Annual take-home | ₹12,42,974 |
How it works
CTC has three layers — only the bottom one reaches your bank monthly:
Annual CTC
− Employer EPF (12% of basic)
− Gratuity provision (4.81% of basic)
= Annual gross salary on payroll
Annual gross salary
− Employee EPF (12% of basic)
− Professional tax (₹2,400/yr)
− Income tax (per chosen regime)
= Annual take-home
Monthly take-home = Annual take-home / 12The calculator uses a typical CTC structure: basic = 40% of CTC (configurable), HRA = 50% of basic in metros / 40% in non-metros, and special allowance = whatever's left. Income tax is computed using our full income-tax engine, which handles slabs, rebates, surcharge, and the 4% cess for both regimes.
For Old regime, the calculator can include HRA exemption (Section 10(13A)), 80C investments, and 80D medical insurance — all of which reduce taxable income.
How to use
- Enter your annual CTC from your offer letter or appraisal.
- Set basic as % of CTC. Most Indian companies use 40%; some use 50% for senior roles. Check your salary structure document.
- Pick metro if you live in Mumbai / Delhi / Kolkata / Chennai / Bengaluru / Hyderabad / Pune — HRA exemption is more generous in metros.
- Use Auto regime to see which is cheaper. Switch to Old if you want to see the deductions effect; the calculator will recommend which to actually pick.
- For Old regime: add your 80C (PPF/ELSS/insurance), 80D (medical insurance), and annual rent paid. The HRA exemption math runs automatically.
Frequently asked questions
Why is my take-home so much less than CTC / 12?
CTC includes everything the employer pays — including ₹X to your EPF, gratuity provisions, sometimes group insurance and meal coupons. None of that hits your bank monthly. Then your share of EPF (12% of basic), professional tax (₹200/month), and income tax (TDS) are deducted. Typical take-home is 65-75% of CTC depending on your income bracket.
How is basic salary determined?
Indian companies typically set basic at 40-50% of CTC. Higher basic means higher EPF (good for retirement) but also higher gratuity provisions and professional tax. Lower basic gives you more in-hand cash but less retirement saving. The default in this calculator is 40%, but you can override to match your offer letter.
What's the difference between New and Old regime here?
Both calculate income tax differently. New regime: wider slabs, higher standard deduction (₹75K), but no 80C, 80D, or HRA exemption. Old regime: tighter slabs, ₹50K standard deduction, but allows 80C/80D/HRA. For most salaried earners with no significant deductions, New regime gives higher take-home. The 'Auto' option picks whichever produces less tax for your specific inputs.
How does HRA exemption work?
HRA exemption (Old regime only) = minimum of: (a) actual HRA received, (b) 50% of basic in metros / 40% in non-metros, (c) annual rent − 10% of basic. Enter your annual rent paid to claim it. If you don't pay rent (own home, live with parents without rent receipts), you can't claim HRA exemption — your full HRA is taxable.
What is professional tax?
A small state-level tax on professional income, typically ₹200/month (₹2,400/year) in most states. Some states (Karnataka, Maharashtra, Tamil Nadu, Andhra Pradesh, Telangana, Kerala, West Bengal) charge it. North Indian states like Delhi and UP don't have professional tax. This calculator assumes ₹2,400/year — adjust your expectation if your state has a different rate or no PT at all.
Does this account for variable pay / bonus?
If your CTC includes variable pay (target bonus / RSUs / commissions), enter your full CTC including that. The calculator treats it as part of the cash CTC. In reality, variable pay is taxed as salary in the year it's actually paid — so if your year-1 actual variable is below target, your take-home will be slightly higher than the calculator shows.
What about meal coupons, NPS, and other CTC components?
Most companies offer flexi-benefit components (meal coupons, fuel reimbursement, employer NPS under 80CCD(2), broadband, etc.) that can save tax in the Old regime. This calculator uses a simplified structure (basic + HRA + special allowance + employer EPF). For exact numbers, talk to your HR — companies offer significant flexibility in how CTC is structured for tax efficiency.