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  2. Salary, Employment & Career
  3. CTC Calculator

CTC Calculator

Estimate your monthly net credit in-hand from your gross CTC package.

Loading calculation controls...

How to Use the CTC Calculator

  • 1Enter your gross annual CTC.
  • 2Select your PF contribution rule.
  • 3View net monthly credit expectations.

Calculation Formula & Mathematical Definition

Monthly In-Hand = (CTC - Employer PF - Gratuity - Employee PF - Professional Tax - Estimated Income Tax) / 12.

Step-by-Step Worked Example

A CTC of ₹12,00,000 yearly (12 LPA) under standard PF rules estimates to a net monthly take-home salary of around ₹80,000.

Frequently Asked Questions

What is Cost to Company (CTC)?

CTC represents the total annual expenditure an employer incurs on an employee, including basic pay, allowances, PF, and retirement gratuity reserves.

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Related Calculators

  • Salary Hike Calculator
  • Income Tax Calculator
  • PF Calculator
  • Gratuity Calculator
  • HRA Calculator

Estimate Only

Calculations on this website are automatic estimates and do not represent guaranteed financial, tax, or legal returns. Please verify details with certified specialists.

CTC to Take-Home Salary Calculator

Estimate your monthly net in-hand salary from your gross CTC based on PF, professional tax, and standard deduction calculations.

$
Your gross salary package per year.
Provident Fund (PF) Contribution
* Employer & employee matching contributions. Capped standard caps basic PF salary base at 15,000/month.

Estimated Monthly Take-Home

$89,840.5

Net in-hand salary credited to your bank account monthly.

Monthly Deductions Breakdown

Monthly Gross Salary
$95,795
Employee PF Contribution
$1,800
Professional Tax (PT)
$200
Income Tax Estimate
$3,954.5
Net Monthly Take-Home
$89,840.5

Yearly Retirals Breakdown

Basic Salary (50%)
$600,000
House Rent Allowance (HRA)
$300,000
Employer PF Contribution
$21,600
Gratuity Reserve Pool
$28,860
Estimated Annual Income Tax
$47,454