CTC to take-home salary
See why the CTC on your offer letter is not what reaches your bank account — the employer’s EPF and gratuity, your own EPF, professional tax and income tax each take a slice — and get a realistic monthly in-hand figure.
Runs entirely in your browserRuns entirely on your device — nothing you type is sent anywhere. Educational only, and not investment advice.
How to use this calculator
Each step names a control you will find on screen above.
- Annual CTC
The whole cost-to-company figure the offer quotes. It includes things paid on your behalf that never appear as salary.
- Basic as a share of CTC
Most deductions key off basic pay — EPF and gratuity are both a percentage of it. A typical basic is 40–50% of CTC; a higher basic means more forced saving into EPF and a smaller take-home.
- Read the in-hand
The tool carves out the employer’s EPF (12% of basic) and a gratuity provision (4.81% of basic) to reach your gross salary, then subtracts your own EPF (12% of basic), professional tax and a new-regime income-tax estimate.
Worked example: ₹15 lakh CTC
₹15,00,000 CTC with basic at 40% of CTC (₹6,00,000), new tax regime.
What to enter
- Annual CTC
- ₹15,00,000
- Basic
- 40% of CTC (₹6,00,000)
What it shows you
- Gross salary
- ≈ ₹13,99,140
- Your EPF (12% of basic)
- ₹72,000
- Income tax (new regime)
- ≈ ₹81,766
- Annual in-hand
- ≈ ₹12,42,974
- Monthly in-hand
- ≈ ₹1,03,581
Where this is taught
A calculator gives you a number. These explain what the number means and when it misleads you.
- Market Basics11 minReading your salary slip: CTC, EPF and what actually arrivesThe gap between the number in the offer letter and the number in your bank account is large, structured, and mostly not tax. What each line is doing.
- Market Basics14 minThe day you change jobs: four accounts, four different clocksA resignation triggers more switches at once than any other event in an ordinary life. One account counts your service across employers, one counts it only within an employer, one does not care, and one has a button that quietly destroys nine years of it.