Salary & CTC Breakup Calculator

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.

1. 1Enter annual CTC: Use the total annual cost to company from your offer letter or compensation letter, including fixed and variable components.
2. 2Set 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. 3Choose employer PF percentage: Select the employer PF contribution rate. The model applies the statutory monthly wage ceiling before calculating employer and employee PF.
4. 4Review salary breakup: Check monthly gross, basic, HRA, special allowance, PF, professional tax, income tax, and estimated monthly take-home.
5. 5Use 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.

How is take-home salary calculated?

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

The calculator caps PF using the statutory monthly wage ceiling of ₹15,000, so PF may not rise proportionately at higher salary levels.