Finance Calculators
Salary Calculator
Estimate your monthly take-home pay from your annual CTC after PF and professional tax deductions.
About the Salary Calculator
The gap between your CTC and the money that actually reaches your bank account can be confusing. This salary calculator gives a quick, simplified estimate of your in-hand pay from your cost-to-company.
Enter your annual CTC, any bonus portion, professional tax and PF rate to see an approximate monthly and annual take-home figure.
How to use the Salary Calculator
- Enter your annual CTC.
- Enter the bonus percentage included in CTC.
- Enter professional tax and PF rate.
- Click Calculate Take-home.
How the calculation works
Gross = CTC − bonus · Basic ≈ 40% of gross
In-hand = Gross − PF − Professional tax
In-hand = Gross − PF − Professional tax
Example
On a ₹12,00,000 CTC with 5% bonus and 12% PF, in-hand comes to roughly ₹88,000/month before income tax.
Frequently asked questions
CTC includes employer contributions, bonuses and benefits that are not paid to you as monthly cash.
This is a simplified estimate before income tax, which depends on your tax regime and declared investments.
Provident Fund is a retirement saving where a percentage of your basic salary is deducted and matched by the employer.
It is a ballpark estimate. Your actual pay slip depends on your company's specific salary structure and deductions.