CTC to In-Hand Salary Calculator
Convert your annual Cost to Company (CTC) into accurate monthly take-home salary after deducting Employee EPF, Gratuity, Professional Tax, and Income Tax TDS.
Salary Parameters
₹
Estimated Monthly In-Hand
₹55,200
Estimated Take-Home Credit to Bank
| Basic Salary (Monthly) | ₹26,667 |
| House Rent Allowance (HRA) | ₹13,333 |
| Employee EPF (12%) | -₹1,800 |
| Professional Tax (PT) | -₹200 |
| Monthly TDS (Tax) | -₹1,850 |
What is the Difference Between CTC and In-Hand Salary?
Cost to Company (CTC) is the total amount an employer spends on an employee annually. In-hand salary is the actual amount credited to your bank account after deductions.
Common Components Deducted from CTC:
- Employer EPF Contribution (12%): Deducted from CTC pool before arriving at gross salary.
- Gratuity (4.81%): Held by employer per Payment of Gratuity Act 1972.
- Employee EPF (12%): Statutory monthly provident fund deduction.
- Professional Tax (PT): State levy up to ₹2,500/year.
- Tax Deducted at Source (TDS): Advance income tax withholding under New or Old regime.
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