How do I use the salary calculator?

1. Enter annual CTC: Use the total annual cost to company from your offer letter or compensation letter, including fixed and variable components. 2. Set bonus or variable pay: Enter the percentage of CTC paid as annual bonus or variable pay. The calculator separates it from regular gross salary while keeping it taxable. 3. Choose employer PF percentage and PF basis: Select the employer PF contribution rate, then pick the PF basis. Full basic pay is the default because most large employers run PF that way; the statutory option restricts PF to the ₹15,000 monthly wage ceiling. 4. Review salary breakup: Check monthly gross, basic, HRA, special allowance, PF, professional tax, income tax, and estimated monthly take-home. 5. Use it as an offer comparison tool: Compare different CTC, bonus, and PF structures to see which one improves cash flow rather than only headline compensation.

Why is take-home lower than CTC?

CTC includes bonus and employer-side allocations. Your in-hand amount is what remains after employee PF, professional tax, and income tax.

Why is my PF deduction larger than ₹1,800 a month?

By default the calculator deducts 12% of full basic pay, which is how most large employers run PF. Switch the PF basis to the statutory ₹15,000 wage if your employer restricts PF to the legal minimum, and both employee and employer PF hold at ₹1,800 a month.

Which tax regime is better?

This calculator is scoped to a new-regime take-home estimate. If you want to compare old vs new regime with deductions like 80C, 80D, HRA, home-loan interest, or NPS, use the dedicated Income Tax Calculator instead.

Is this an exact payroll output?

No. This is a planning estimate. Employer payroll setup, surcharge, rebates, and additional allowances can change your actual salary slip values.

Is bonus paid monthly in this model?

Bonus is annualized here for breakup clarity. Real payout frequency depends on your company policy.

Tools/

Salary & CTC Breakup Calculator

Estimate monthly in-hand salary from CTC using a simplified new-regime salary breakup with bonus, PF, and tax.

Annual CTC

₹1,00,000₹5,00,00,000

Bonus/Variable %

0%30%

Employer PF %

0%12%

Most large employers deduct PF on full basic pay. Pick the cap if yours restricts PF to the statutory ₹15,000 wage.

New Regime Estimate

This calculator estimates take-home under the current new regime. For old-vs-new comparison with deductions like HRA, 80D, home-loan interest, and NPS, use the dedicated Income Tax Calculator.

Monthly Take-Home

₹1.1 L

Estimated monthly in-hand salary

Gross Salary Allocation

Take Home (Annual)

₹12.9 L

Employee PF

₹61,832

Total Deductions (Annual)

₹1.5 L

Monthly Gross

₹1.1 L

Component	Monthly (₹)	Annual (₹)
Basic	₹42,939	₹5,15,267
HRA	₹21,469	₹2,57,634
Special Allowance	₹42,939	₹5,15,267
Annual Bonus	₹12,500	₹1,50,000
Gross Salary	₹1,07,347	₹12,88,168
Employee PF (-)	₹5,153	₹61,832
Professional Tax (-)	₹208	₹2,500
Income Tax (-)	₹7,321	₹87,854
Net Take-Home	₹1,07,165	₹12,85,982

Effective tax rate: 6.11%

About the salary calculator

A CTC figure is not the same as monthly in-hand salary. This salary calculator breaks annual CTC into bonus, employer PF, gross salary, basic, HRA, special allowance, employee PF, professional tax, income tax, and estimated take-home pay.

Use it when evaluating an offer, negotiating a raise, or checking whether a higher variable component materially changes monthly cash flow. The model is intentionally simple: it assumes a standard salary structure and estimates income tax under the new regime.

The result is a planning estimate, not a payroll statement. Actual payslips can differ because of employer policies, city-specific professional tax, reimbursements, perquisites, old-regime deductions, surcharge treatment, or one-time payouts.

Frequently Asked Questions

Enter annual CTC
Use the total annual cost to company from your offer letter or compensation letter, including fixed and variable components.
Set bonus or variable pay
Enter the percentage of CTC paid as annual bonus or variable pay. The calculator separates it from regular gross salary while keeping it taxable.
Choose employer PF percentage and PF basis
Select the employer PF contribution rate, then pick the PF basis. Full basic pay is the default because most large employers run PF that way; the statutory option restricts PF to the ₹15,000 monthly wage ceiling.
Review salary breakup
Check monthly gross, basic, HRA, special allowance, PF, professional tax, income tax, and estimated monthly take-home.
Use it as an offer comparison tool
Compare different CTC, bonus, and PF structures to see which one improves cash flow rather than only headline compensation.

Monthly take-home = (annual gross + annual bonus - employee PF - professional tax - income tax) / 12

Annual bonus is annual CTC × bonus percentage
Employer PF is deducted from CTC before annual gross is derived
Basic is 40% of annual gross and HRA is 50% of basic in this model
Employee and employer PF are 12% of basic pay, or 12% of ₹15,000 a month on the statutory basis
Income tax is estimated under the new regime with standard deduction and cess

PF runs on full basic pay by default, so it scales with salary. Switch the PF basis to the statutory ₹15,000 wage ceiling if your employer restricts PF to the legal minimum, which holds both contributions at ₹1,800 a month.

Worked example

Suppose your annual CTC is ₹15,00,000, bonus is 10% of CTC, employer PF is 12%, and you use the new tax regime estimate.

PF basis: Full basic pay
Annual bonus: ₹1,50,000
Employer PF: ₹61,832
Annual gross: ₹12,88,168
Monthly gross: ₹1,07,347
Employee PF: ₹61,832
Income tax: ₹87,854
Annual take-home: ₹12,85,982
Monthly take-home: ₹1,07,165
Effective tax rate: 6.11%

The ₹15 lakh CTC translates to an estimated monthly take-home of ₹1,07,165 with PF running on 12% of the ₹42,939 monthly basic. On the statutory ₹15,000 basis the same CTC shows ₹1,13,347 a month, but that gap is money moved out of your PF corpus rather than money earned.

Last reviewed 3 Sep 2026 · Sources: Income Tax Department: slabs and deductions for salaried individuals, EPFO: Employees' Provident Fund Scheme, Income-tax Act, 2025 (Income Tax Department)

The calculator uses the new tax regime. If you rely on HRA, 80C, 80D, NPS, or home-loan deductions, compare with the dedicated income tax calculator.
Professional tax varies by state and employer setup. The model uses a capped annual estimate for planning simplicity.
CTC may include insurance, gratuity accrual, meal cards, reimbursements, ESOP costs, or retention bonus clauses that do not behave like monthly cash salary.
Employers differ on the wage they run PF on. Check a payslip to see whether PF is deducted on full basic pay or restricted to the ₹15,000 statutory wage, because the choice moves both monthly cash and retirement savings.
Variable pay is not guaranteed in many companies. Evaluate fixed pay separately when judging affordability for EMIs, rent, and SIP commitments.

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Salary & CTC Breakup Calculator

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About the salary calculator

Frequently Asked Questions

From CTC to what actually reaches your account

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