Enter your CTC on the left and hit Calculate My In-Hand Salary
CTC and take-home salary are very different numbers. Here is exactly how your in-hand salary is calculated step by step.
40-50% of gross salary. Fixed component. Higher basic = higher PF, HRA, and gratuity. Fully taxable.
House Rent Allowance — 40-50% of basic. Partially or fully tax-exempt if you pay rent (Section 10(13A)).
Leave Travel Allowance for domestic travel. Tax-exempt with travel proof under Section 10(5). Claimable twice in 4 years.
Catch-all component — the remainder after basic, HRA, LTA. Fully taxable with no exemptions.
12% of basic (capped at Rs 15,000 basic = max Rs 1,800/mo). Deducted from salary. Tax-free under 80C up to Rs 1.5L.
12% of basic (same cap). Part of CTC but never in your hand. Builds your EPF corpus for retirement.