CTC to In-Hand Salary Calculator
See your real monthly in-hand salary from an Indian CTC offer.
₹15,00,000 (15 LPA)
Estimated monthly in-hand salary
₹1,03,976
₹12,47,715 per year · 83% of CTC
| Component | Amount / year |
|---|---|
| CTC (offer letter) | ₹15,00,000 |
| − Employer PF contribution | −₹72,000 |
| − Gratuity provisioning | −₹28,860 |
| = Gross salary | ₹13,99,140 |
| − Income tax + cess | −₹81,766 |
| − Employee PF (to your EPF) | −₹67,159 |
| − Professional tax | −₹2,500 |
| = In-hand salary | ₹12,47,715 |
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources. Always confirm with an official tax authority or a licensed adviser before making decisions.
Your Indian offer letter quotes Cost to Company (CTC), but your bank credit is smaller. CTC bundles employer-side costs — the employer's Provident Fund contribution and gratuity provisioning — that never reach you as cash, and your own PF, professional tax and income tax come out before in-hand pay.
This calculator walks the full bridge from CTC to monthly in-hand salary, showing each deduction explicitly. It assumes basic pay is 40% of CTC, the most common structure, and lets you pick your state and tax regime. Note that your employee PF isn't lost — it accrues in your EPF account with employer matching.
Because two offers with the same CTC can produce very different take-home depending on structure, understanding this bridge is the key to comparing job offers in India fairly.
Related
Frequently Asked Questions
+How is in-hand salary calculated from CTC?
Remove employer-side costs (employer PF, gratuity) to get gross salary, then subtract your income tax, employee PF and professional tax. What remains is in-hand pay — typically 70–85% of CTC for mid-income earners.
+Is employee PF deducted from in-hand salary?
Yes, your 12% PF contribution reduces monthly cash, but it accumulates in your EPF retirement account with employer matching and interest. It's forced saving, not a tax, which is why we show it as a separate line.
Estimate only — not tax advice. Figures are estimates based on publicly available tax rules and may not reflect your full circumstances. See our methodology & sources (last reviewed June 2026). Always confirm with an official tax authority or a licensed adviser before making decisions.