CTC Calculator
Calculate your take-home salary from Cost to Company (CTC) with detailed breakdown
Enter the total CTC as mentioned in your offer letter
Most companies keep Basic at 40-50% of gross salary
12% of Basic
4.81% of Basic
Typically ₹200/month (varies by state, max ₹2,500/year)
HRA Tax Exemption (Optional)
Enter your monthly rent to calculate HRA tax exemption
Delhi, Mumbai, Chennai, Kolkata
Formula: HRA Exemption = Min(Actual HRA, Rent - 10% Basic, of Basic)
Your Monthly Take-Home Salary
Annual:
Gross Salary
Per Month
Take-Home
Per Month
Total Deductions
Per Month
HRA Tax Exemption Calculation
Total HRA Received
Annual
HRA Exempt
Tax Free
Taxable HRA
Add to Income
How was this calculated?
- 1. Actual HRA:
- 2. Rent - 10% of Basic:
- 3. of Basic:
✓ HRA Exemption is the minimum of the above three values
CTC Composition
Take-Home
Employee PF
Employer PF
Gratuity
Prof. Tax
Complete Salary Breakdown
| Component | Monthly | Annual |
|---|---|---|
| Cost to Company (CTC) | ||
| Earnings (Gross Salary) | ||
| Basic Salary | ||
| House Rent Allowance (HRA) | ||
| Special Allowance | ||
| Total Gross Salary | ||
| Employer Contributions (Part of CTC) | ||
| Employer PF Contribution | ||
| Gratuity | ||
| Employee Deductions | ||
| Employee PF Contribution | ||
| Professional Tax | ||
| Total Deductions | ||
| Take-Home Salary (In-Hand) | ||
Note: Income Tax Not Included
This calculation shows take-home salary before income tax (TDS) deduction. Your actual in-hand salary will be lower after TDS is deducted based on your tax slab and investments.
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About CTC Calculator
What is CTC (Cost to Company)?
CTC (Cost to Company) is the total amount a company spends on an employee in a year. It includes not just the salary paid directly to the employee but also various benefits, allowances, and statutory contributions made on their behalf.
Important: CTC is NOT the same as your take-home (in-hand) salary. Your actual salary received is significantly less than the CTC due to various deductions.
How to Use This Calculator
- Enter Annual CTC: Input your total CTC as mentioned in your offer letter
- Adjust Basic Salary %: Typically 40-50% of CTC (default is 40%)
- Configure Components: Toggle gratuity and employer PF as per your salary structure
- View Results: See your monthly and annual take-home salary with complete breakdown
CTC Components Explained
Fixed Components
| Component | Description |
|---|---|
| Basic Salary | Core salary component, typically 40-50% of CTC. Fully taxable. |
| HRA | House Rent Allowance, usually 40-50% of Basic. Partially tax-exempt if paying rent. |
| Special Allowance | Balancing component after other allocations. Fully taxable. |
Employer Contributions (Part of CTC)
| Component | Rate | Description |
|---|---|---|
| EPF (Employer) | 12% of Basic | Employer's contribution to Provident Fund |
| Gratuity | 4.81% of Basic | Calculated as (15/26) × Basic × Years/Years |
Employee Deductions (Reduces Take-Home)
| Deduction | Rate | Description |
|---|---|---|
| EPF (Employee) | 12% of Basic | Your contribution to Provident Fund |
| Professional Tax | ₹200/month | State-level tax (varies by state) |
| Income Tax (TDS) | Varies | Based on income tax slab and regime |
The Formulas
Gross Salary Calculation:
Gross Salary = CTC - Employer PF - Gratuity - Other Benefits
Basic Salary:
Basic = Gross × (Basic% / 100)
Take-Home Salary:
Take-Home = Gross - Employee PF - Professional Tax - TDS
EPF Contribution:
Employer EPF = 12% of Basic (capped at ₹1,800/month for Basic up to ₹15,000)
Employee EPF = 12% of Basic
Gratuity:
Gratuity = (15/26) × Basic Monthly × Years = 4.81% of Annual Basic
Frequently Asked Questions
What percentage of CTC is take-home salary?
Typically, take-home salary is around 70-80% of CTC for most salary structures, depending on your tax bracket and company policies.
Why is my in-hand salary much less than CTC?
CTC includes employer contributions (PF, gratuity, insurance) and gross salary. Deductions like employee PF, professional tax, and income tax further reduce your in-hand amount.
What is a good Basic salary percentage?
A higher Basic (50%+) increases PF contributions but also increases taxable income. A lower Basic (40%) reduces tax but may affect loan eligibility and retirement savings.
Is Gratuity always part of CTC?
Gratuity is mandatory for organizations with 10+ employees. It's payable after 5 years of service but companies provision for it from day one in CTC.
How accurate is this calculator?
This calculator provides estimates based on standard salary structures. Actual amounts may vary based on your company's specific policies, state tax rates, and individual tax situations.
Disclaimer: This calculator provides estimates for informational purposes only. Actual salary components and deductions depend on your employer's policies, applicable tax laws, and individual circumstances. Consult with your HR or a tax professional for exact figures.
Quick Reference
💰 Typical CTC Breakdown
- • Basic: 40-50% of Gross
- • HRA: 40-50% of Basic
- • Employer PF: 12% of Basic
- • Gratuity: ~4.81% of Basic
✅ Tips for Negotiation
- • Ask for in-hand salary clarity
- • Higher Basic = Higher PF savings
- • Check variable pay components
- • Verify insurance & other benefits