Salary Calculator — In-Hand Pay from CTC Breakdown

This free salary calculator estimates your in-hand take-home pay from your Cost to Company (CTC). CTC bundles everything an employer spends — gross salary, the employer's Provident Fund contribution, gratuity, and bonuses — so your monthly pay is lower after EPF, professional tax, and income-tax TDS are deducted. It breaks down Basic, HRA, and allowances and helps you compare the old and new tax regimes. All calculations run locally in your browser, so your salary details are never uploaded or stored.

Take-home / month
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Take-home / year
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Income tax / year
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Other deductions / yr
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How is in-hand salary estimated?

Results are estimates for guidance only. Actual take-home varies with allowances, pension contributions, state/local taxes, and other personal circumstances. Always verify with a tax professional or official payroll calculator for your jurisdiction.

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Why CTC is not take-home pay

Cost to Company bundles everything an employer spends on you: gross salary, the employer's Provident Fund contribution, gratuity provision, insurance and any bonus. Your in-hand salary is much lower because PF (yours and sometimes the employer's), professional tax, and income-tax TDS are deducted, and components like gratuity are not paid monthly at all.

The main components

Old vs new regime

The new tax regime offers lower slab rates but removes most exemptions (HRA, 80C, etc.). High-deduction earners often still pay less under the old regime; those who don't claim deductions usually benefit from the new one. Always compare both before choosing.

⚠️ Common Mistakes to Avoid

Frequently asked questions

What is Gross vs Net salary?

Gross is your total pay before any deductions. Net is what you actually receive in your bank account after taxes.

How many work hours are in a year?

Typically, a full-time job (40 hours/week) consists of approximately 2,080 working hours per year.

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Reviewed by the ToolsmithPro editorial team · Last updated June 2026. Every calculation and conversion runs entirely in your browser — your inputs are never uploaded, stored or shared. Formulas and methodology are documented on our about page; spot an error? tell us and we'll fix it.