Why is my in-hand salary less than CTC?

CTC (Cost to Company) includes components like PF (employer share), gratuity, and insurance which are not paid out monthly. It also includes tax deductions.

What is Professional Tax?

It is a tax levied by state governments on salaried individuals. The amount varies by state but is capped at ₹2,500 per year.

How effective is this tax calculation?

This calculator provides an estimate based on the New Tax Regime slabs (FY 2024-25). Actual tax liability may vary based on your specific investments and chosen regime.

Salary Calculator

Calculate your true in-hand salary and hourly worth

CTC Details

Annual CTC

Annual Bonus / Variable

Monthly Professional Tax

Work Schedule

To calculate your true hourly rate

Hours / Week

Days / Week

Holidays / Year

Vacation Days

⚠️Calculations based on standard New Tax Regime (FY 2024-25). Deductions and Tax are estimates.

Estimated Monthly In-Hand

₹86,975

Income Analysis

Adjusted for 27 days off

Period

Gross (CTC)

Net (In-Hand)

Hourly

₹644

₹560

Daily

₹5,150

₹4,479

Weekly

₹23,077

₹20,071

Monthly

₹1,00,000

₹86,975

Annual

₹12,00,000

₹10,43,700

Structure Breakdown

Basic Pay₹6,00,000

HRA₹3,00,000

Special Allw.₹2,28,000

Distribution

What is Salary Calculator?

The Salary Calculator is a comprehensive tool developed to help employees and job seekers estimate their in-hand (take-home) salary. It breaks down your Cost to Company (CTC) into various components like Basic Pay, HRA, PF, and Professional Tax to give you a clear picture of your actual earnings.

How it Works