Core Calculators
Salary Calculator
Estimate monthly in-hand salary from annual CTC
Salary details
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Monthly in-hand
₹0estimated take-home
How in-hand salary is estimated
Monthly gross = CTC / 12. Deductions include employee PF (12% of basic), professional tax and estimated income tax under simplified new-regime slabs.
In-hand = Monthly gross − PF − PT − Tax (est.)
Why use it
Detailed features
CTC breakdown
See gross vs net components.
PF included
12% employee PF on basic.
Tax estimate
Simplified slab-based TDS estimate.
On the go
Also in the Toolance app.
Frequently asked questions
CTC includes basic, allowances, employer PF and sometimes variable pay. In-hand is what lands in your bank after employee PF, professional tax, TDS and other deductions. Our tool estimates this from the figures you enter.
The old regime allows deductions like 80C, HRA and home loan interest with higher slab rates. The new regime has lower slabs but fewer deductions. Your choice changes monthly TDS and take-home pay.
Not always. Exemption depends on rent paid, salary structure and city. If you live in your own house, HRA is usually fully taxable. Enter your details carefully for a closer estimate.
Yes. Employee contribution to EPF is deducted from salary. Employer PF is part of CTC but not paid to you monthly; it builds your retirement corpus.
Bonuses, arrears, loan recoveries, cafeteria benefits and mid-year regime changes affect real payslips. Use this calculator to ballpark offers, not to audit your employer.
This is built for salaried structures with PF and TDS. Freelancers face different tax rules; consult a CA for business or professional income.
No. Figures here are estimates for understanding an offer or payslip. For investments, regime choice and ITR filing, speak to a qualified tax professional.
Yes. No login or payment. Adjust CTC and deductions and see take-home instantly.