CTC to In-Hand Salary Calculator
Your result will appear here
CTC to In-Hand Salary Calculator summary
Calculation schedule
Figures may be rounded for display.
Saved calculations
Saved only in this browser on this device.
CTC to in-hand salary formula
CTC is not the same as money paid into your bank. Employer costs and employee deductions must be removed once.
Annual in-hand salary = CTC − employer PF − gratuity cost − employee PF − income tax − professional tax − other deductions Average monthly in-hand = annual in-hand ÷ 12 Fixed-month estimate = (annual in-hand − variable pay) ÷ 12
Variable pay stays in the yearly total when it is paid, but it is removed from the normal fixed-month estimate.
Use yearly figures for every field. Do not remove the same PF, gratuity or benefit twice.
Example with numbers
CTC is ₹12,00,000. Employer PF is ₹72,000, gratuity cost ₹28,860, employee PF ₹72,000, income tax ₹60,000, professional tax ₹2,400 and variable pay ₹1,00,000. Estimated yearly in-hand is ₹9,64,740. That is about ₹80,395 a month on average, or about ₹72,062 in a normal fixed month without the variable pay.
What is a CTC to in-hand salary calculator?
CTC means Cost to Company. It can include cash salary, employer PF, gratuity, insurance, bonus and other costs. Not every part reaches your bank account each month.
This salary calculator works backwards from the CTC and the real components entered by you. It shows an estimate rather than inventing one salary structure for every employer.
How to use the salary calculator
- Enter the annual CTC from the offer letter.
- Enter employer-side costs such as employer PF and gratuity.
- Enter employee PF, tax, professional tax and other deductions.
- Enter variable pay separately, then compare yearly, average monthly and fixed-month results.
What the results mean
- Annual in-hand salary: estimated cash received across the year.
- Average monthly in-hand: yearly in-hand divided by twelve, including paid variable income.
- Fixed-month estimate: a normal month after removing annual variable pay.
- Employer costs and deductions: the entered difference between CTC and in-hand salary.
How this CTC calculation works
The calculator removes employer costs from CTC first. It then removes employee deductions from the remaining cash salary.
Bonus or variable pay can make the yearly average look larger than a normal payslip. That is why a separate fixed-month figure is shown.
Why a CTC calculator is useful
- It makes the difference between CTC and take-home pay visible.
- It keeps employer costs separate from employee deductions.
- It shows both yearly average and normal fixed-month pay.
- It can be edited to match the wording used in your offer letter.
Why your payslip may show another amount
Actual pay changes with joining date, unpaid leave, bonus conditions, reimbursements, payroll rounding and tax adjustments.
Employers use CTC labels differently. Insurance, stock pay, retention bonus and one-time benefits must be entered in the right place.
Sources
- EPFO: Employees’ Provident Fund information
- Income Tax Department: salaried individuals
- Ministry of Labour: Compliance Handbook under the Four Labour Codes
Rule and source review: Method reviewed 31 August 2026. Employer salary structures and state deductions remain user-entered rather than assumed.
Disclaimer
This salary calculator gives an estimate from the figures entered by you. It is not a payslip, offer letter or tax calculation. Your employer’s payroll rules, state deductions and actual payments control the final in-hand salary.
Frequently asked questions
What is the difference between CTC and in-hand salary?
CTC is the employer’s total stated cost. In-hand salary is the cash left after employer costs and employee deductions.
Is employer PF part of in-hand salary?
No. It can be part of CTC, but it is paid to the provident fund rather than your monthly bank salary.
Why is bonus removed from the fixed-month figure?
Bonus may be paid quarterly or yearly, so it may not appear in an ordinary month.
Does this calculator calculate income tax?
It subtracts the tax amount entered by you. Use the income-tax calculator for a separate regime estimate.
Why is my real salary different?
The actual structure, payroll dates, state tax, leave and variable-pay conditions may differ from the entered figures.