CTC to In-Hand Salary Calculator

No. CTC (Cost to Company) is the total amount your employer spends on you annually, including your salary, benefits, PF contributions, and other perks. In-hand salary is what you actually receive in your bank account after all deductions like PF, professional tax, and income tax.

Typically, your take-home salary is 70-80% of your CTC, depending on your tax slab, PF contributions, and other deductions. For example, if your CTC is ₹10 lakh, your monthly in-hand might be around ₹58,000-65,000.

Yes, CTC includes the employer's PF contribution (typically 12% of basic salary). This amount is not part of your in-hand salary but goes into your PF account, which you can withdraw when you leave the company or retire.

HRA (House Rent Allowance) is part of your CTC and is included in your gross salary. In the old tax regime, if you pay rent, you can claim HRA exemption which reduces your taxable income. In the new regime, HRA is fully taxable. Metro cities get 50% of basic as HRA, while non-metro cities get 40%.

It depends on your deductions. The new regime has lower tax rates but doesn't allow most deductions (except standard deduction). The old regime has higher rates but allows deductions like 80C, HRA, home loan interest, etc. Use our Old vs New Regime Calculator to compare both options for your specific case.

This calculator provides an estimate based on standard assumptions. Your actual in-hand may differ due to: variable pay/bonuses, company-specific benefits, additional deductions (like loans or insurance), different PF contribution rates, or state-specific professional tax variations. Always verify with your employer's HR department.