Estimate your monthly take-home pay after deductions
The calculation starts with your Gross Salary, which is your CTC minus any bonuses and employer contributions. From there, we deduct Employee EPF, Professional Tax, and Income Tax (TDS).
In-Hand Salary = Gross Salary - (Employee PF + Professional Tax + Income Tax)
CTC (Cost to Company) is the total annual package including benefits like EPF, Gratuity, and Insurance. In-hand salary is what you actually receive in your bank account after deducting taxes and mandatory contributions.
Typically, 12% of your Basic Salary is deducted as the employee contribution to the Employee Provident Fund (EPF). The employer also contributes an equal amount.
Yes, for the FY 2025-26, a standard deduction of ₹50,000 (or as per the latest budget) is generally applied to the gross salary before calculating taxable income.