In Hand Salary Calculator India

In Hand Salary Calculator India: Know Your Take Home Pay

Our in-hand salary calculator India computes your exact take-home salary after all deductions from your CTC. Understanding the difference between CTC and in-hand is crucial for financial planning in India.

The take-home salary calculator supports both old and new tax regimes so you can compare which option gives you more in-hand salary. Enter your CTC and deduction details to see your exact monthly and annual take-home.

In-Hand Salary = CTC − PF − Professional Tax − Income Tax − Other Deductions

Take Home Salary Example (₹12 LPA CTC)

Basic (40%): ₹4,80,000/year = ₹40,000/month
EPF (12% of Basic): ₹4,800/month
Professional Tax: ₹200/month
Income Tax (New Regime): ~₹5,500/month
Monthly Take Home: ~₹29,500

Salary Components in India

Basic Salary: 40-50% of CTC (fixed, fully taxable)
HRA: 40-50% of basic (exempt under Section 10 if paying rent)
Special Allowance: Taxable, part of take-home
PF: 12% of basic (mandatory deduction, not in take-home)
Gratuity: 4.81% of basic (part of CTC, not in take-home)

Frequently Asked Questions

How to calculate in-hand salary from CTC?

In-hand salary = CTC - Employee PF - Professional Tax - Income Tax - Other Deductions. Enter your CTC and deduction details in the calculator to get your exact monthly take-home salary after all deductions.

What is the difference between CTC and in-hand salary?

CTC (Cost to Company) is the total amount your employer spends on you, including PF, insurance, bonuses, and allowances. In-hand salary is what you actually receive after all deductions. Typically, in-hand is 60-75% of CTC.

How much PF is deducted from salary?

Employee PF contribution is 12% of basic salary (up to ₹15,000 basic). Employer also contributes 12%, of which 8.33% goes to EPS pension. The employee deduction is what reduces your in-hand salary.

What is professional tax in India?

Professional tax is a state-level tax deducted from salary. It varies by state: ₹200/month in most states (₹2,400/year). Some states charge up to ₹2,500/year. Maximum professional tax under Indian law is ₹2,500 per year.

Is HRA part of take-home salary?

HRA (House Rent Allowance) is part of your gross salary and is received in your take-home if your company pays it monthly. However, HRA tax exemption under Section 10(13A) reduces your taxable income, which indirectly increases your take-home.

What is the new tax regime for salary?

New tax regime (default from 2023-24) offers lower tax rates but no major deductions (no 80C, HRA exemption, etc.). Old regime allows deductions but has higher rates. Choose whichever gives lower tax and higher take-home.

How to increase in-hand salary?

Ways to increase take-home: Optimize tax regime (old vs new), maximize Section 80C deductions (₹1.5 lakh), claim HRA exemption, invest in NPS (additional ₹50,000 deduction), reduce basic salary component, and structure salary with more allowances.

What is included in in-hand salary?

In-hand salary includes: Basic salary + HRA + Special Allowance + Conveyance Allowance + Medical Allowance + any other cash allowances. It excludes PF employer contribution, gratuity, and non-cash benefits like insurance.

How to calculate monthly salary from annual?

Monthly Salary = Annual CTC ÷ 12. However, the actual monthly in-hand is different because deductions are calculated annually but deducted monthly. Use our calculator for accurate monthly take-home after all deductions.

What percentage of CTC is take-home?

On average, take-home is 60-75% of CTC. For ₹10 LPA CTC, take-home is typically ₹6-7.5 LPA. The exact percentage depends on your basic salary percentage, PF contribution, tax regime, and other deductions.

How does bonus affect take-home salary?

Annual bonuses are part of CTC but may be paid yearly. They attract higher tax in the month received. Some companies include monthly bonus component in salary. Use the calculator to see how different bonus structures affect your monthly take-home.

What is the minimum salary for PF deduction?

If your basic salary is ₹15,000 or less, PF is mandatory at 12% of basic. If basic exceeds ₹15,000, both employee and employer can opt out. However, most companies apply PF to all employees. PF reduces your in-hand but builds retirement savings.