Salary Calculator — CTC to In-Hand Salary 2024-25
Free CTC to in-hand salary calculator. Break down your CTC into basic salary, HRA, EPF, gratuity, professional tax, and income tax. Compare old vs new tax regime. Updated for FY 2024-25.
Salary Details
Enter your CTC and salary components
Monthly: ₹1,00,000
of CTC
of Basic
Your In-Hand Salary
Monthly In-Hand
₹88,899
Annual: ₹10,66,783
Annual CTC
₹12,00,000
Gross Salary
₹11,55,312
Total Deductions
₹88,529
In-Hand %
88.9%
CTC Distribution
Tax Summary (New Regime)
Detailed Salary Breakdown
| Component | Monthly | Annual |
|---|---|---|
| Earnings | ||
| Basic Salary | ₹40,000 | ₹4,80,000 |
| HRA | ₹20,000 | ₹2,40,000 |
| Special Allowance | ₹36,276 | ₹4,35,312 |
| Employer EPF | ₹1,800 | ₹21,600 |
| Gratuity | ₹1,924 | ₹23,088 |
| Gross Salary | ₹96,276 | ₹11,55,312 |
| Deductions | ||
| Employee EPF | -₹1,800 | -₹21,600 |
| Professional Tax | -₹200 | -₹2,400 |
| Income Tax | -₹5,377 | -₹64,529 |
| In-Hand Salary | ₹88,899 | ₹10,66,783 |
How to Calculate In-Hand Salary from CTC
Your Cost to Company (CTC) is the total expense your employer incurs for you, while in-hand salary (net salary or take-home pay) is what you actually receive in your bank account after all deductions.
CTC Components Explained
- Basic Salary: Usually 40-50% of CTC. Base for EPF, HRA, and gratuity calculations.
- HRA (House Rent Allowance): Typically 40-50% of basic. Partially tax-exempt if you pay rent.
- Special Allowance: Remaining amount after basic, HRA, and employer contributions. Fully taxable.
- Employer EPF: 12% of basic (up to ₹15,000 wage ceiling) = ₹1,800/month. Part of CTC but not in-hand.
- Gratuity: 4.81% of basic. Payable after 5 years of service. Part of CTC but not in-hand.
Formula: CTC to In-Hand Salary
In-Hand Salary = Gross Salary - Employee EPF - Professional Tax - Income Tax
Gross Salary = CTC - Employer EPF - Gratuity - Employer NPS
Key Deductions from Salary
- Employee EPF: 12% of basic salary (matched by employer). Builds retirement corpus.
- Professional Tax: State-level tax, max ₹2,500/year. Varies by state.
- Income Tax (TDS): Deducted monthly based on your tax slab and regime (old vs new).
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