Salary Calculator

In-hand salary = CTC - (Employer PF + Employee PF + Professional Tax + Income Tax + Other deductions). Typically, for a ₹10 LPA CTC, the in-hand salary is approximately ₹75,000-80,000 per month.

CTC (Cost to Company) is the total amount your employer spends on you, including salary, benefits, bonuses, and statutory contributions. In-hand salary is the amount you actually receive after all deductions.

Employee PF contribution is 12% of basic salary (capped at ₹1,800/month for basic above ₹15,000). Employer also contributes 12% but 8.33% goes to EPS (pension) and 3.67% to EPF.

Standard deduction of ₹75,000 (FY 2025-26) is deducted from gross salary before tax calculation. This applies under both New and Old tax regimes.

Divide CTC by 12 to get gross monthly. Then subtract monthly PF, professional tax (usually ₹200), and income tax to get in-hand salary. For accurate results, use our salary calculator.

Professional tax is a state-level tax on employment income. It ranges from ₹200 to ₹300 per month depending on the state. Karnataka charges ₹200/month, while Maharashtra goes up to ₹300/month.

Common allowances include HRA (House Rent Allowance), LTA (Leave Travel Allowance), Medical Allowance, Conveyance Allowance, Special Allowance, and Performance Bonus. HRA and LTA have tax benefits.

The New Tax Regime (FY 2025-26) offers lower tax rates but removes most deductions and exemptions like HRA, LTA, and 80C deductions. Your employer will deduct tax based on your chosen regime.

Variable pay or performance bonus is a portion of CTC that depends on individual and company performance. Typically 10-20% of CTC. It is not guaranteed and may vary year to year.

Gratuity = (Last drawn salary × 15/26 × Years of service). It is paid by the employer if you complete 5+ years of continuous service. For employees covered under the Gratuity Act, it is tax-free up to ₹20 lakh.