India Tax & Payroll

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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