CTC to In-Hand Salary Calculator 💼
Calculate your exact monthly take-home salary from your annual offer package with itemized Basic, HRA, PF & TDS breakdown!
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Frequently Asked Questions
Why is in-hand salary much lower than annual CTC package?
Annual Cost to Company (CTC) includes non-cash components such as employer provident fund (PF), annual gratuity reserves, group health insurance premiums, performance variable bonuses, and statutory income tax (TDS) deductions.
How is basic salary and HRA calculated in Indian CTC structure?
Typically, Basic Salary is structured at 40% to 50% of fixed annual CTC. House Rent Allowance (HRA) is calculated as 50% of Basic for metro cities and 40% for non-metro cities.
What is the Provident Fund (PF) monthly deduction cap?
Employee and Employer Provident Fund (EPF) contributions are calculated as 12% of Basic salary, capped at a statutory maximum of ₹1,800 per month (₹21,600 per year) unless voluntarily opted higher.
What is the in-hand salary for 6 LPA CTC in India?
For a 6 LPA CTC package with 10% variable bonus and standard PF deductions under the New Tax Regime, estimated monthly in-hand salary is approximately ₹40,000 to ₹43,000 per month.