CTC Calculator India 2026 – Convert Salary to In-Hand Pay
Enter your CTC to see your estimated monthly take-home salary
Bonus / Variable Pay (Optional)
Bonus/variable pay is performance-linked and usually paid separately, not as part of monthly salary.
Not sure which to choose? Compare Old vs New Tax Regimes.
📊 Not sure if this salary is good? See where you stand →
What Is a CTC Calculator?
A CTC calculator is an online tool that helps you convert your Cost to Company (CTC) into your actual in-hand salary. It gives a clear breakdown of your salary by factoring in deductions such as Provident Fund (PF), professional tax, income tax, and other components like HRA and gratuity.
Many employees often get confused between CTC and take-home salary. Your CTC is the total cost your employer pays, but your in-hand salary is what you receive in your bank account after all deductions. A CTC calculator simplifies this process and provides an accurate monthly and yearly take-home estimate.
What Does a CTC Calculator Include?
- Basic salary calculation
- House Rent Allowance (HRA)
- Provident Fund (PF) deductions
- Gratuity (if applicable)
- Income tax (New vs Old Tax Regime)
- Professional tax and other deductions
Why Use a CTC Calculator?
Using a CTC calculator helps you understand your real earnings and plan your finances better. Whether you are evaluating a job offer, negotiating your salary, or planning tax savings, this tool gives you a transparent view of your salary structure.
It is especially useful in India where salary structures include multiple components and tax regimes. Instead of manually calculating each deduction, a CTC calculator provides instant and accurate results.
How This CTC to In-Hand Salary Calculator Works?
This CTC to in-hand salary calculator helps employees in India estimate their monthly take-home salary based on annual Cost to Company (CTC).
1. Enter Your CTC
Input your annual Cost to Company as mentioned in your offer letter.
2. Choose Tax Regime
Select New or Old tax regime to compare deductions and slabs.
3. View Monthly In-Hand
Get a detailed breakdown including PF, gratuity, tax and final monthly take-home salary.
This calculator includes:
- New & Old Tax Regime comparison
- Provident Fund (PF) deduction
- Professional tax
- Bonus / variable pay
- Monthly & annual in-hand breakdown
All calculations are indicative and for informational purposes only. Actual take-home salary may vary based on company structure and tax declarations.
Detailed Breakdown of Salary Components
A salary structure in India consists of multiple components. While your offer letter shows a single CTC number, that amount is divided into fixed pay, benefits, employer contributions and statutory deductions. Understanding each component helps you estimate your actual in-hand salary accurately.
1. Basic Salary
Basic salary usually forms 40–50% of your CTC. It is the foundation of your salary structure because several other components such as PF, gratuity and HRA are calculated based on basic salary. A higher basic increases long-term benefits but may also increase deductions.
2. House Rent Allowance (HRA)
HRA is provided to employees who live in rented accommodation. Under the Old Tax Regime, HRA can provide tax exemption if rent is paid and declared properly. In the New Tax Regime, most exemptions including HRA are not applicable.
HRA Calculator
Instantly calculate your HRA exemption under the Old Tax Regime.
3. Provident Fund (PF)
Employees contribute 12% of their basic salary towards Provident Fund. Employers also contribute 12%. While the employer contribution is included in CTC, only the employee contribution is deducted from your monthly salary. PF helps build long-term retirement savings.
PF Calculator – Calculate PF Deduction Instantly
Calculate your PF deduction, employer contribution, and in-hand salary impact based on your basic salary and CTC.
4. Gratuity
Gratuity is typically calculated as 4.81% of your basic salary annually. It is included in CTC but paid only after completing 5 years of continuous service with the same employer. It does not form part of monthly in-hand salary.
You can calculate your gratuity amount using our Gratuity Calculator.
Know Your Gratuity Payout
Find out how much gratuity you will receive after 5+ years of service. Calculate your estimated benefit in seconds.
5. Flexi Benefits Plan (FBP)
Many companies offer a Flexi Benefits Plan (FBP), allowing employees to allocate part of their salary toward tax-efficient components such as meal coupons, fuel reimbursement, internet bills, telephone bills or Leave Travel Allowance (LTA). Flexi benefits may reduce taxable income depending on the tax regime chosen.
Under the Old Tax Regime, certain flexi components can provide tax advantages if properly claimed. Under the New Tax Regime, most exemptions are not available, so the tax benefit impact may differ.
Learn how flexi benefits impact your taxable income in our detailed guide on Flexi Benefits in Salary Structure.
6. Professional Tax
Professional tax is a state-level deduction applicable in certain states in India. It is usually a small monthly amount and directly reduces your in-hand salary.
7. Bonus / Variable Pay
Some companies include performance bonus or variable pay in CTC. This amount may be paid quarterly or annually and is often performance-based. Since it is not guaranteed monthly income, your regular in-hand salary may be lower than total CTC suggests.
8. Income Tax
Income tax is calculated based on your taxable income after applicable deductions. The tax amount depends on whether you choose the New or Old Tax Regime. Income tax is usually deducted monthly as TDS (Tax Deducted at Source) by your employer.
Income Tax Calculator
Calculate your income tax under the Old and New Tax Regime instantly. Compare tax liability and choose the regime that saves you more.
What Is CTC vs In-Hand Salary?
CTC (Cost to Company) is the total annual cost your employer spends on you. It includes basic salary, HRA, employer PF contribution, gratuity and other benefits. However, your in-hand salary is the amount credited to your bank account after deductions like employee PF, professional tax and income tax.
To understand the full breakdown, read our detailed guides:
New vs Old Tax Regime – Which Is Better?
The New Tax Regime offers lower slab rates but fewer deductions, while the Old Tax Regime allows deductions under Section 80C, 80D, HRA exemption and home loan interest. The better option depends on your salary structure and investments.
In-Hand Salary Examples (India – 2026)
- 5 LPA CTC: Estimated monthly in-hand salary is ₹32,000 – ₹38,000.
View detailed breakup → - 10 LPA CTC: Estimated monthly in-hand salary is ₹62,000 – ₹68,000 depending on tax regime.
View detailed breakup → - 20 LPA CTC: Estimated monthly in-hand salary is ₹1,20,000 – ₹1,40,000 after PF and tax deductions (including variable pay).
View detailed breakup →
Who Is This Calculator For?
This CTC to in-hand salary calculator is useful for:
- Software engineers evaluating job offers
- IT professionals switching companies
- Freshers comparing salary packages
- Private sector employees
- Government employees
- Anyone planning salary negotiations
Before accepting any offer letter, it is important to understand your real take-home salary instead of relying only on the CTC mentioned.
Why Trust ctctoinhand.in?
Our salary calculator is built specifically for Indian salary structures and includes statutory deductions such as Provident Fund, gratuity, professional tax and income tax.
- Updated for FY 2025–26 tax rules
- Includes New and Old Tax Regime comparison
- Transparent salary breakdown
- Regularly maintained and improved
The goal is to help salaried employees make informed financial decisions with clarity and transparency.