Salary Breakup Calculator
Wondering how much salary you will actually receive in your bank account? Use our tool to see your monthly in-hand pay.
What is CTC vs In-Hand Salary?
CTC (Cost to Company) is the total amount an employer spends on an employee per year. However, your In-Hand Salary is the actual amount you receive after various statutory and tax deductions.
Common Salary Deductions:
- Employee Provident Fund (EPF): Usually 12% of your basic salary, contributed toward your retirement savings.
- Professional Tax (PT): A small tax levied by state governments (usually around ₹200).
- Income Tax (TDS): Tax deducted at source based on your income slab and chosen tax regime.
Quick Pro-Tip:
"To maximize your in-hand salary, ensure you utilize all available tax-saving instruments like 80C (PPF, ELSS, Insurance) and 80D (Health Insurance)."