About this tool
A CTC (cost to company) figure includes money you never see in your monthly salary: the employer’s provident fund contribution, gratuity, insurance premiums and variable pay that depends on performance. This calculator splits a CTC into its components using percentages or fixed amounts you can edit to match your offer letter, treats special allowance as the balancing figure, and separates what is paid monthly from employer costs and variable pay. It deliberately does not calculate income tax. Tax depends on the regime you choose, your jurisdiction, your declarations and the current year’s rules, so you enter your own estimate as an amount or a percentage. The result is an estimate of fixed monthly in-hand pay, shown with a full breakdown table and a bar of how the CTC is split.
How to use it
- Enter the annual CTC from your offer and choose a currency. INR uses Indian digit grouping (12,34,567).
- Adjust each component to match your offer letter: switch between % of CTC, % of basic or a fixed yearly amount.
- Enter the deductions you expect, including your own income tax estimate.
- Read the estimated in-hand figure and switch between monthly and annual views.
CTC to In-Hand Salary Calculator FAQ
Why is my in-hand salary so much lower than CTC ÷ 12?
CTC includes employer contributions (PF, gratuity, insurance) and variable pay that are not part of the monthly salary, and the monthly salary then has employee PF, professional tax and income tax deducted from it.
Why does the tool not calculate income tax for me?
Tax rules differ by country, change every year and depend on choices such as the tax regime and declared investments. A hard-coded calculation would be wrong for many people, so you enter your own estimate from your payroll team or an official calculator.
What is the special allowance?
In many Indian salary structures it is whatever remains of the CTC after the other components are allocated. Here it is calculated the same way, and you are warned if the components add up to more than the CTC.