Is this the same as a payroll slip?
No. This is a quick estimate tool. Actual salary slips can differ because of company-specific allowances, reimbursements, bonus treatment, and deduction policies.
finance tool
Salary Calculator India
Estimate monthly in-hand salary from annual CTC with PF, professional tax, and old vs new regime comparison.
Estimate your monthly in-hand salary from annual CTC.
Use this tool for a quick salary breakup with visible assumptions around PF, professional tax, and tax regime.
Estimated monthly in-hand
₹85,395.86
Based on gross salary, standard deduction, estimated income tax, PF, and professional tax.
- Annual take-home
- ₹10,24,750.38
- Monthly gross salary
- ₹95,419.85
- Employee PF / month
- ₹4,580.15
- Estimated tax / month
- ₹5,243.83
Salary breakdown
- Annual gross salary
- ₹11,45,038.17
- Monthly gross salary
- ₹95,419.85
- Employee PF / month
- ₹4,580.15
- Employer PF / month
- ₹4,580.15
- Estimated tax / month
- ₹5,243.83
- Annual taxable income
- ₹10,70,038.17
What this estimate includes
- Annual CTC
- ₹12,00,000.00
- Annual basic salary
- ₹4,58,015.27
- Employee PF / year
- ₹54,961.83
- Employer PF / year
- ₹54,961.83
- Professional tax / year
- ₹2,400.00
- Estimated income tax / year
- ₹62,925.96
Assumptions used in this estimate
- Standard deduction used: ₹75,000.00.
- Old-regime estimate reduces taxable income by employee PF and professional tax.
- This quick calculator does not model HRA, special allowances, bonuses, NPS, or employer-specific payroll rules.
About This Tool
This salary calculator helps you estimate monthly in-hand salary from annual CTC without jumping between payroll spreadsheets and tax tools.
It is designed as a quick estimator, not a payroll engine. You can change PF handling, professional tax, and regime to see how your monthly take-home shifts.
How To Use
- 1. Enter annual CTC and set the basic-salary percentage used in your company structure.
- 2. Choose whether PF applies and whether employer PF is already included inside CTC.
- 3. Select old or new regime and adjust monthly professional tax if needed.
- 4. Review monthly in-hand salary, gross salary, PF, and estimated tax before you share the result.
When This Estimate Is Most Useful
- Comparing job offers with different CTC structures
- Understanding whether employer PF is reducing your payable gross salary
- Getting a cleaner first estimate before asking HR for an exact breakup
Frequently Asked Questions
Why is there an option for employer PF inside CTC?
Many Indian salary offers include the employer PF contribution inside total CTC. Turning this on helps estimate a more realistic payable gross salary.
What tool should I use after checking my take-home salary?
To estimate exemption under rent allowance, continue with our HRA Calculator.