Financial

Salary Calculator

CTC to in-hand salary. Fast, accurate, and completely free.

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Monthly In-Hand Salary
₹91,125
Net Monthly Paycheck

Salary Structure Summary

Gross Monthly Salary ₹1,00,000
Total Monthly Deductions ₹8,875

Mathematical Formula

\text{Monthly In-Hand} = \frac{\text{Gross CTC}}{12} - \text{PF} - \text{Professional Tax} - \text{TDS (Income Tax)}

Estimates net take-home salary by dividing CTC, deducting statutory savings (PF), local taxes (Professional Tax), and income tax (TDS).

How to Use this Calculator

  1. Enter your Gross Cost to Company (CTC) per annum.

  2. Enter your monthly Provident Fund (PF) contribution.

  3. Enter your local monthly Professional Tax (usually ₹200 in most Indian states).

  4. View your estimated monthly net paycheck.

Decoding CTC vs. In-Hand Salary

Many employees are surprised to find that their monthly take-home salary is significantly lower than their Annual Cost to Company (CTC) divided by 12. CTC includes all expenses the company incurs on you, including employer PF contributions, gratuity pools, insurance premiums, and non-cash perks.

Frequently Asked Questions (FAQ)

What is Professional Tax?

Professional Tax is a state-level tax levied on salaried professionals in India, capped at a maximum of ₹2,500 per year.

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