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Estimate your monthly and annual take-home salary from CTC for FY 2026-27 with a clear breakdown of how each component of your package behaves. CTC (Cost to Company) typically includes fixed pay, bonuses, employer PF contributions and other benefits, while your in-hand salary reflects what actually hits your bank account after statutory and payroll deductions such as employee PF, professional tax and other fixed monthly deductions are subtracted from your gross salary.
Offer letters in India often highlight a large annual CTC number without making it obvious how much of that figure is take-home. This calculator is built to bridge that gap by converting annual CTC to a realistic monthly in-hand estimate using your chosen basic salary percentage, PF rate and recurring deductions. That way, you can compare job offers on a like-for-like basis, understand the impact of PF and professional tax, and plan your cash flows more confidently for the current financial year.
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How this CTC to In-Hand Salary calculator works
In Indian job offers, CTC captures the full annual cost that an employer expects to incur on you, including fixed pay, performance-linked pay and statutory contributions. Your in-hand salary, however, is based only on the monthly payroll components that are actually paid out as cash after deductions. This calculator focuses on that journey from headline CTC to realistic monthly take-home for FY 2026-27.
It begins by converting your annual CTC into a monthly gross amount. Then, based on the basic salary percentage you provide, it derives the basic portion of your pay, which is typically the base for provident fund (PF) calculations in Indian salary structures. Using the employee PF percentage you enter, the tool estimates your monthly PF deduction on basic. It then factors in professional tax and any other fixed monthly deductions you specify to arrive at total monthly deductions.
Finally, the calculator subtracts total deductions from monthly gross to estimate your monthly in-hand salary, and multiplies that by 12 to show an approximate annual in-hand figure. The intent is not to replicate every nuance of your employer’s payroll policy, but to give you a clear, assumption-driven view of how much of your CTC is likely to show up in your bank account each month under a typical Indian payroll.
Formulas used
Monthly Gross = Annual CTC / 12
Basic Monthly = Monthly Gross × Basic %
Employee PF (Monthly) = Basic Monthly × PF %
Total Deductions (Monthly) = Employee PF (Monthly) + Professional Tax (Monthly) + Other Monthly Deductions
Monthly In-Hand Salary = Monthly Gross - Total Deductions (Monthly)
Annual In-Hand Salary ≈ Monthly In-Hand Salary × 12
Worked example
Suppose your annual CTC is Rs 12,00,000. Monthly Gross is therefore Rs 12,00,000 / 12 = Rs 1,00,000. If you assume that 50% of CTC is basic, your Basic Monthly becomes Rs 1,00,000 × 50% = Rs 50,000. With an employee PF rate of 12% on basic, your PF deduction is Rs 50,000 × 12% = Rs 6,000 per month.
If you also pay Rs 200 per month as professional tax and have no other monthly deductions, Total Deductions (Monthly) become Rs 6,000 (PF) + Rs 200 (professional tax) + Rs 0 (other deductions) = Rs 6,200. Your estimated Monthly In-Hand Salary is then Rs 1,00,000 - Rs 6,200 = Rs 93,800. The calculator uses the same steps with your specific inputs to highlight how each assumption changes your take-home pay.
Frequently Asked Questions
CTC (Cost to Company) is the total annual cost that an employer incurs for you, including fixed salary, bonuses, employer PF contributions and other benefits. In-hand salary is the actual amount you receive in your bank account each month after statutory deductions like PF and professional tax, and other payroll deductions are subtracted from your gross salary.
Yes. In most Indian offer letters, employer PF contributions are part of CTC but are not paid to you as cash each month. This calculator focuses on your employee PF deduction on basic salary to estimate the reduction from gross to in-hand pay.
Many companies include performance bonuses and variable components in CTC, but these are usually paid only when specific conditions are met and may not appear in every month’s in-hand salary. The tool helps you understand the core fixed in-hand based on your inputs; you can mentally add variable pay on top when it is actually received.
This calculator focuses on payroll-side deductions like employee PF, professional tax and other fixed monthly deductions to approximate in-hand salary. It does not compute income tax or TDS. You can use our Income Tax Calculator to estimate tax under old and new regimes for FY 2026-27.
No. While gratuity and other long-term benefits may be mentioned in your CTC, they are not monthly cash flows and are not treated as monthly in-hand salary here. The goal is to estimate what you are likely to receive in hand each month under a typical Indian payroll structure.
Yes. By entering the CTC, basic percentage, PF rate and fixed deductions for each offer, you can compare the expected monthly in-hand salary across different roles. This makes it easier to look beyond headline CTC and focus on real cash in your bank account.
In-hand salary is lower because CTC includes employer costs and future benefits, while your payslip reflects only the amount paid after statutory deductions and contributions. Items like employer PF, insurance and bonuses stay within CTC but do not appear fully as take-home each month.
Important disclaimer
This CTC to in-hand salary calculator is a planning aid for salaried individuals in India. It relies on simplified assumptions about basic salary percentage, employee PF rate and fixed monthly deductions, and may not fully capture your employer’s exact payroll policy, bonus structure or long-term benefits.
The outputs shown here should not be treated as legal, tax, HR or investment advice, and they are not a substitute for your actual payslip or employer-provided salary workings. Always review your official offer letter, salary breakup and payslips, and speak to your HR or a qualified advisor before making critical financial or career decisions based on CTC and in-hand salary estimates.
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