MonexMintMONEX MINT

Take-Home Salary Calculator

Calculate your monthly in-hand salary from CTC with all deductions. Results update instantly as you type.

Salary Details

Your total cost to company per year
%
% of CTC included as variable/bonus
💰

Enter your CTC to calculate take-home salary

About Take-Home Salary Calculator

Take-home salary (also called in-hand salary) is the net amount credited to your bank account after all deductions like PF, professional tax, and income tax are subtracted from your gross salary.

CTC vs Take-Home

CTC (Cost to Company) includes all expenses borne by the employer — basic salary, HRA, allowances, EPF employer contribution, and gratuity. Take-home salary is significantly lower due to deductions from both employee and employer side.

Major Deductions

  • EPF: 12% of basic salary (employee contribution)
  • Professional Tax: Up to ₹2,400/year (state-wise)
  • Income Tax / TDS: As per applicable slab rate
  • Gratuity: 4.81% of basic (employer contribution, part of CTC)

How to Increase Take-Home

  • Choose the tax regime (new/old) that results in lower tax.
  • Claim HRA exemption if you pay rent.
  • Invest in 80C instruments (PPF, ELSS) under old regime.
  • Opt out of EPF if salary is above threshold (check eligibility).