Salary & Budget
In-Hand Salary Calculator - CTC Breakdown | FinanceMetricX
Calculate your monthly in-hand salary from annual CTC. See basic, HRA, PF, tax deductions, and net take-home pay.
Your total Cost to Company per year
How It Works
What is CTC?
Cost to Company (CTC) is the total amount a company spends on an employee per year. It includes your basic salary, allowances (HRA, DA), employer PF contribution, insurance, and other benefits. Your in-hand salary is always lower than CTC.
Standard Salary Structure
A typical Indian salary structure breaks CTC into: Basic (40%), HRA (20%), Dearness Allowance (5%), and Special Allowance (remaining). The exact split varies by company, but this is a reasonable estimate for most salaried employees.
Common Deductions
- PF (Provident Fund) — 12% of basic salary, deducted from your pay and matched by the employer.
- Professional Tax — ₹200/month in most states (varies by state).
- Income Tax — Depends on your taxable income and chosen regime.
How to Increase Take-Home Pay
- Opt for tax-saving investments under Section 80C to reduce taxable income.
- Claim HRA exemption if you pay rent (old regime).
- Use NPS for additional ₹50,000 deduction under Section 80CCD(1B).
Frequently Asked Questions
CTC (Cost to Company) is the total annual cost your employer bears, including salary, PF contributions, insurance, and perks. In-hand salary is what you actually receive after deductions like PF, professional tax, and income tax — typically 60-75% of CTC.
The main deductions are: Employee PF (12% of basic), income tax (varies by slab), and professional tax (₹200/month). Employer PF contribution and gratuity are included in CTC but never reach your bank account directly.
This calculator uses a standard salary structure (40% basic, 20% HRA, 5% DA). Your actual breakdown may vary based on your company's structure. Use it as an approximation — check your offer letter for exact components.