Finance · Tax
Salary Calculator — CTC to In-Hand
Convert CTC to monthly in-hand after EPF, professional tax, and optional income-tax estimate.
Your salary
1,000 – 5 Crore
In-hand monthly
—
After typical monthly deductions
How this calculator works
CTC looks big on the offer letter. In-hand is what hits your account after PF, professional tax, and other cuts.
This calculator uses a simple 40% basic assumption for EPF — adjust toggles to match your offer.
- Enter annual CTC.
- Choose Employee EPF yes/no.
- Optionally include an income-tax estimate and regime.
Formula
Monthly gross ≈ CTC ÷ 12. EPF ≈ 12% of (40% of CTC ÷ 12) when enabled. Maharashtra professional tax is applied by default. In-hand ≈ monthly gross − EPF − PT − (optional annual tax ÷ 12).
Examples
More about this calculator
Practical use cases
Comparing offers and decoding a first CTC letter.
Common mistakes
Assuming 100% of CTC is cash.
Tips
Ask HR for the exact monthly breakup — structures vary widely.
Important notes
Illustrative only. Employer PF/gratuity inside CTC is not deducted again as cash here.
FAQs
When enabled, employee EPF is 12% of an assumed basic of 40% of CTC (monthly).
No — it is an annual slab estimate ÷ 12. Actual TDS depends on declarations and payroll.