Salary Calculator India
Calculate your in-hand salary from CTC with complete breakup.
- • Basic = 40% of CTC
- • HRA = 50% of Basic
- • PF = 12% of Basic
- • Approximate calculation — actual may vary
Enter values and click Calculate to see results
What is Salary Calculator India?
Your CTC (Cost To Company) is the total annual cost an employer bears for an employee — this includes basic salary, allowances, employer's PF contribution, gratuity, medical, and other benefits. Your in-hand or take-home salary is significantly less than your CTC because of statutory deductions like Employee PF, Professional Tax, and Income Tax. Understanding the 2026 salary breakup helps you negotiate better and plan your finances for FY 2026-27.
Formulas
Basic Salary
Basic = 40% to 50% of CTC (varies by company)Where:
CTCCost to Company — total annual compensation packageHRA (House Rent Allowance)
HRA = 40% to 50% of Basic (50% for metro cities)Where:
BasicMonthly basic salaryEmployee PF Contribution
PF = 12% of Basic SalaryWhere:
BasicMonthly basic salary (capped at ₹15,000 for statutory PF)In-Hand / Net Salary
In-Hand = Gross Salary − Employee PF − Professional Tax − TDSWhere:
Gross SalaryBasic + HRA + Allowances (before deductions)Professional Tax₹200/month (varies by state; max ₹2,500/year)Worked Example
A software engineer with a CTC of ₹12,00,000 per annum (₹12 LPA):
₹12,00,000₹12,00,000 / 12 = ₹1,00,000₹40,000/month₹20,000/month−₹4,800/month−₹200/month₹1,00,000 − ₹4,800 − ₹200 ≈ ₹95,000✅ On a ₹12 LPA CTC, you can expect approximately ₹95,000 in-hand per month before income tax deductions.
Tips & Important Notes
- 💡Negotiate a higher basic salary as it directly impacts your PF, gratuity, and leave encashment.
- 💡HRA exemption can significantly reduce your taxable income if you live in a rented house.
- 💡Ask for a salary breakup before accepting an offer — two ₹12 LPA offers may have very different in-hand amounts.
- 💡Variable pay (bonuses, performance incentives) is not guaranteed — factor only fixed pay for expense planning.
Frequently Asked Questions (FAQs)
CTC (Cost to Company) is the total annual cost your employer pays for you, including your salary plus employer-side contributions (PF, gratuity, medical insurance, etc.). In-hand salary is what you actually receive in your bank account after all deductions. Typically, in-hand is 75-85% of your monthly CTC.