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    Home › Free tools › Salary & CTC
    Free tool

    Salary & CTC Calculator

    Break your CTC down to in-hand pay — HRA, PF, ESI, PT & TDS, in seconds.

    Your package

    Enter annual CTC and we’ll estimate your monthly take-home under both tax regimes.

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    Your estimate

    Monthly in-hand (net)—
    • Basic —
    • HRA —
    • Special allowance —
    • Monthly gross —
    • − Employee PF (12%) —
    • − Employee ESI (0.75%) —
    • − Professional Tax —
    • − TDS (est.) —
    • Monthly in-hand —
    • Annual in-hand —
    • In-hand — other regime —
    • Employer PF (12% of ≤₹15k) —
    • Employer ESI (3.25%) —
    • Gratuity provision (4.81%) —
    • CTC − gross wedge / mo —

    Estimate only, for general guidance. Your annual CTC includes employer PF, employer ESI (when gross ≤ ₹21,000) and a gratuity provision — the wedge shown above — which is why in-hand is below CTC ÷ 12. FY 2026-27 rates; §87A rebate applied; 4% cess. Your employer’s salary structure, exemptions and investments will change the actual figure.

    How it works

    From CTC to in-hand, explained

    Cost to Company (CTC) is everything your employer spends on you in a year — including the employer’s PF and ESI contributions, which never reach your bank account. Gross salary is what’s on your payslip before deductions. Net (in-hand) is gross minus your own PF, ESI, Professional Tax and TDS. This tool splits a typical structure — Basic at 50% of CTC, HRA at 50% of Basic, and the rest as special allowance — so you can see each layer.

    FAQ

    Salary calculator questions, answered

    Why is my in-hand lower than my CTC ÷ 12?
    Because CTC bundles in the employer’s PF and (where applicable) ESI contributions, plus a gratuity provision of about 4.81% of Basic — money that never reaches your bank account. On top of that, your own PF, ESI, Professional Tax and TDS are deducted from gross. That employer wedge plus your deductions is why in-hand is always lower than CTC divided by twelve.
    What’s the difference between CTC, gross and in-hand?
    CTC is the total annual cost to the company, including the employer’s PF and ESI contributions and the gratuity provision. Gross is your monthly pay before your own deductions — it’s CTC/12 minus the employer wedge. In-hand (net) is gross minus your PF, ESI, Professional Tax and TDS — the amount that actually lands in your account.
    Does this show my take-home under both tax regimes?
    Yes. It estimates your monthly in-hand under the old and new regimes side by side, because the regime you pick changes your TDS — and therefore your take-home. Compare the two figures to see which leaves you with more each month.
    How is HRA calculated?
    HRA is usually set as a percentage of Basic — commonly 50% for metro cities and 40% for non-metros. This tool defaults to 50%. HRA can be partly tax-exempt under the old regime if you pay rent; the exemption depends on rent paid, salary and city.
    What is Professional Tax and why does it vary?
    Professional Tax is a state-level tax on salaried income. Rates and slabs differ by state — many cap it around ₹200/month (₹2,500/year). A few states, like Delhi, don’t levy it at all. Set the figure for your state in the field above.
    Is the TDS figure exact?
    No — it’s a simplified monthly estimate under the new tax regime, using the ₹75,000 standard deduction and the §87A rebate. Your actual TDS depends on your chosen regime, declared investments, HRA and other exemptions. Kredily computes the precise figure each month inside payroll.
    Can Kredily run this for my whole team automatically?
    Yes. Kredily designs salary structures, computes PF, ESI, PT and TDS every cycle, and generates payslips and statutory calculations — free for unlimited employees on the Free Forever plan.

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