In-Hand Salary Calculator
Convert your annual CTC to monthly take-home salary instantly. Includes EPF, Professional Tax, and TDS deductions.
Calculate Your Take-Home Salary
CTC vs Gross vs In-Hand — Decoded
CTC (Cost to Company) is the full annual cost your employer incurs — basic, HRA, special allowance, employer EPF, gratuity, group insurance, and any bonus. It's the headline number on your offer letter.
Gross Salary is CTC minus bonus, gratuity, and employer EPF — the regular monthly amount before any tax/deductions.
In-Hand Salary is gross minus employee EPF (12% of basic, capped at ₹1,800), Professional Tax (state-dependent, max ₹200), and monthly TDS. This is what hits your bank account.
How the Calculation Works
- Step 1: Subtract annual bonus from CTC and divide by 12 → monthly gross.
- Step 2: Calculate basic as a % of monthly gross.
- Step 3: EPF = 12% of basic, capped at ₹1,800 if the box is ticked.
- Step 4: Deduct EPF, Professional Tax, and TDS from monthly gross.
- Result: Monthly in-hand salary credited to your account.
Typical Salary Breakup (CTC ₹12 LPA Example)
| Component | Monthly (₹) | Annual (₹) |
|---|---|---|
| Basic (50% of CTC) | 45,833 | 5,50,000 |
| HRA / Allowances | 45,833 | 5,50,000 |
| Annual Bonus | — | 1,00,000 |
| Monthly Gross | 91,667 | 11,00,000 |
| (−) EPF (capped) | 1,800 | 21,600 |
| (−) Professional Tax | 200 | 2,400 |
| (−) TDS (estimated) | 5,000 | 60,000 |
| In-Hand Salary | 84,667 | 10,16,000 |
Frequently Asked Questions
CTC vs in-hand — what's the difference?
CTC is total annual cost to company. In-hand is what lands in your bank after EPF, PT, and TDS. Expect 70-85% of CTC.
How is EPF deducted?
12% of basic salary monthly, typically capped at ₹1,800 if basic exceeds ₹15,000.
What is Professional Tax?
State-level tax up to ₹200/month. Karnataka, Maharashtra, TN, WB, Telangana levy it; Delhi, UP, Haryana don't.
How is monthly TDS calculated?
Employer estimates annual tax (old or new regime) and divides by 12. Use our Income Tax Calculator for projection.
Is bonus part of monthly salary?
No. Bonus is usually paid annually or quarterly. Excluded from monthly gross.
Why does actual salary slip differ?
Variable pay, food coupons, NPS, insurance, and other CTC line items vary by employer. This is a reliable estimate.