Salary Take Home Calculator India
Frequently Asked Questions
What is take-home salary?
Take-home salary is the amount you receive after all deductions like income tax, provident fund (PF), and professional tax are subtracted from your CTC.
What is the difference between CTC and in-hand salary?
CTC (Cost to Company) includes all benefits such as PF, gratuity, bonuses, and taxes, while in-hand salary is the actual amount credited to your bank account.
Which tax regime is better in India?
The better tax regime depends on your salary structure and deductions. The new regime offers lower tax rates with fewer deductions, while the old regime allows exemptions like HRA and 80C.
Is PF deducted from CTC?
Yes, employee provident fund (PF) contribution is deducted from your CTC and reduces your take-home salary.
How accurate is this salary calculator?
This calculator provides an estimate based on standard assumptions. Actual take-home salary may vary depending on company policies, allowances, and state-specific professional tax.