Calculate your estimated monthly salary from your annual CTC.
Annual CTC:
Monthly CTC:
Estimated Monthly Deduction:
Estimated Monthly In-Hand:
Estimated Annual In-Hand:
The Salary & CTC Calculator gives a simple estimate of your monthly in-hand salary. Enter your annual CTC and your total monthly deductions, and the tool shows the monthly CTC, the deduction and the estimated monthly and yearly take-home amount. The deduction is the figure you enter yourself, so it does not calculate tax, PF or other components automatically.
Real take-home depends on your employer's salary structure, taxes, PF, bonuses and benefits. This tool uses the deduction you enter, so it is only an estimate.
CTC means Cost to Company, the total yearly amount an employer spends on you, which can include benefits that are not paid to you monthly.
This tool gives a simple estimate of your monthly salary from your annual CTC (Cost to Company). It divides your annual CTC by 12 to get the monthly CTC, then subtracts the monthly deduction that you enter, and shows your estimated monthly and annual in-hand income.
It does not calculate income tax or provident fund on its own, because those depend on your salary structure, tax regime and employer policy. Instead, you enter the total monthly deduction yourself, using a figure from your offer letter or a previous payslip.
CTC is not the same as take-home pay. CTC usually includes components that you do not receive in your bank account every month, such as the employer's PF contribution, gratuity, insurance premiums and variable pay or bonus.
Annual CTC of ₹6,00,000 and an estimated monthly deduction of ₹4,000. Monthly CTC = 6,00,000 ÷ 12 = ₹50,000.00. Monthly in-hand = 50,000 − 4,000 = ₹46,000.00, which is ₹5,52,000.00 per year.
Note that if your real deductions are higher because of PF, professional tax, income tax (TDS) or insurance, your actual take-home will be lower. Use your payslip for the exact number.
CTC is the total cost of an employee to the company. In-hand salary is the amount credited to your bank account after deductions such as PF, tax and insurance.
Deductions differ for every employee. Entering your own estimate gives a more realistic number than a fixed assumption.
No. Income tax depends on your regime and declarations. Include your estimated monthly TDS in the deduction if you want it counted.
In many companies, yes. Gratuity is usually paid when you leave after the eligible service period, so it does not appear in your monthly take-home.