Estimate monthly in-hand salary from annual CTC, with adjustable assumptions.
Annual CTC is divided by 12 for a monthly gross figure. Basic salary is assumed as a percentage of CTC (commonly 40–50%, adjustable above). Employee PF is deducted at your chosen percentage of basic salary, and a flat monthly professional tax is subtracted. The result is your estimated monthly amount before income tax — actual take-home will be lower once TDS is applied based on your tax regime and exemptions.
No. This gives an estimate based on the assumptions you enter. It deliberately excludes income tax (TDS), since that depends on your tax regime, exemptions, and other income — figures shown are before income tax.
CTC (Cost to Company) is the total amount a company spends on an employee per year, including base salary, allowances, and employer contributions like PF — it's higher than the amount that actually reaches your bank account.
CTC includes components you don't receive as cash every month, such as the employer's PF contribution and gratuity provision, plus deductions like your own PF contribution, professional tax, and income tax.