In Hand Salary Calculator - CTC to Take Home Pay Salary Calculator
Calculate your in-hand (take-home) salary from CTC or gross salary. See complete breakup of EPF, professional tax, income tax and other deductions � monthly and yearly.
Salary Details
Salary Breakup
Detailed Salary Breakup
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In Hand Salary Calculator - Guide
What is In-Hand Salary?
In-hand salary (also called take-home pay or net salary) is the amount you actually receive in your bank account after all deductions from your gross salary. The major deductions include EPF (Employee Provident Fund), Professional Tax, Income Tax (TDS), and any other company-specific deductions like insurance premiums.
CTC vs Gross Salary vs In-Hand Salary
- CTC (Cost to Company) � Total cost the employer pays, including employer EPF, gratuity, insurance, bonuses, etc.
- Gross Salary � CTC minus employer contributions (EPF employer share, gratuity). This is your pre-deduction salary.
- Net / In-Hand Salary � Gross salary minus employee deductions (EPF employee share, professional tax, TDS).
Formula:
In-Hand Salary = Gross Salary - EPF (Employee) - Professional Tax - Income Tax - Other Deductions
How EPF is Calculated
Both employer and employee contribute 12% of basic salary to EPF. Many companies cap the EPF contribution at a basic salary of 15,000/month (i.e., 1,800/month). Our calculator lets you choose between full basic-based or capped EPF.
How Our Salary Calculator Works
- Annual CTC: Enter your total annual CTC as offered by your employer.
- Basic %: Typically 40-50% of CTC. This drives EPF and HRA calculations.
- EPF: Choose whether EPF is calculated on full basic or capped at 15,000.
- Tax Regime: Select Old or New to estimate monthly TDS deduction.
- Result: See your monthly and yearly in-hand salary with complete breakup.