Take-Home Salary Calculator — FY 2024-25

Take-Home Salary Calculator — CTC to In-Hand

This calculator converts your CTC (Cost to Company) or gross salary to your actual monthly take-home (in-hand) salary. It deducts income tax (new or old regime), employee PF, and professional tax to show the exact amount credited to your bank account each month.

What is deducted from gross salary?

• Income Tax — calculated on taxable income after standard deduction and your chosen deductions
• Employee PF — 12% of basic salary (capped at ₹1,800/month for basic ≤ ₹15,000)
• Professional Tax — ₹200/month (₹2,400/year) in most states like Maharashtra, Karnataka, AP, Telangana. Zero in Delhi, UP, Rajasthan, Haryana.

CTC vs Gross Salary vs Take-Home

• CTC (Cost to Company) — total employer cost including employer PF, gratuity, insurance
• Gross Salary — CTC minus employer PF and gratuity (what appears on payslip before deductions)
• Take-Home / Net Salary — gross minus employee PF, professional tax, and income tax

Frequently Asked Questions

What % of CTC is take-home pay?

For most salaried employees in India, take-home pay is typically 65–80% of CTC. The gap is due to employer PF, gratuity, income tax, and other deductions. Higher earners see a lower percentage due to higher tax rates.

Is PF calculated on gross salary or basic salary?

PF is calculated on basic salary (not gross). The employee contributes 12% of basic salary, capped at ₹15,000 basic (maximum deduction ₹1,800/month). If your basic exceeds ₹15,000, you still pay on the full basic unless your employer caps it.

What states charge professional tax?

States that levy professional tax include Maharashtra (₹200/month), Karnataka (₹200/month), West Bengal (up to ₹200/month), Andhra Pradesh, Telangana, Tamil Nadu, Gujarat, and Odisha. Delhi, UP, Rajasthan, Haryana, Uttarakhand, J&K do NOT charge professional tax.