Salary / In-hand Calculator (India)
Estimate your monthly in-hand pay from annual CTC with approximate tax + employee PF deductions.
Salary / In-hand Guide (India)
What this calculator does
This calculator gives an estimated conversion from annual CTC to annual and monthly in-hand salary. It applies a simple model using standard deduction, approximate tax slabs, cess, and employee PF contribution based on selected percentage. The result is intended for planning and comparison, not as an official payroll statement.
How to use it
Enter annual CTC, choose old or new regime, and provide PF percentage on basic pay. The tool instantly displays estimated annual tax, annual PF contribution, annual in-hand income, and monthly in-hand payout. Use this estimate while evaluating job offers, budgeting monthly expenses, or understanding expected take-home before offer negotiation.
Example usage
If CTC is ₹12,00,000, regime is new, and PF is 12%, the calculator estimates deductions and shows approximate monthly in-hand salary. You can switch to old regime and compare outputs quickly. This helps candidates understand relative impact of regime choice and deduction assumptions before joining decisions.
Important Note
This calculator provides an estimate only. Actual in-hand salary can vary based on HRA, bonus structure, exemptions, deductions, employer PF policy, professional tax, and updated income-tax rules.