💼 Salary Calculator
Convert your CTC to actual In-Hand Take-Home Pay. Find out exactly where your money goes (EPF, Professional Tax, Income Tax).
| Salary Components | Monthly (₹) | Annually (₹) |
|---|---|---|
| Basic Salary | … | … |
| HRA (House Rent Allowance) | … | … |
| Special Allowance | … | … |
| Gross Fixed Salary (A) | … | … |
| Standard Deduction (Salaried) | -₹4,167 | -₹50,000 |
| Income Tax TDS (Est.) | … | … |
| Professional Tax | … | … |
| Employee EPF (12% of Basic) | … | … |
| Total Deductions (B) | … | … |
| Net Take-Home Pay (A – B) | … | … |
| Variable / Over-time (if any) | … | … |
Decoding Your Salary
What is CTC?
Cost To Company (CTC) is the total amount an employer spends on you in a year. It includes your Basic Salary, HRA, all allowances, employer’s PF contribution, and variable bonuses. CTC is never your take-home salary.
The EPF Math
If EPF is enabled, 12% of your Basic Salary is deducted from your Gross Salary as your contribution. The company also matches this 12% (employer contribution), which is already included in your CTC. Therefore, opting into EPF reduces your monthly in-hand cash by replacing it with long-term retirement savings.
Income Tax Computation
This calculator automatically applies the ₹50,000 Standard Deduction available for salaried employees. It also calculates the Sec 87A rebate, meaning zero tax if your taxable income is under ₹7 Lakhs (New Regime).