Enter your CTC to get a detailed India-specific monthly and annual salary breakup including PF, Professional Tax, and in-hand take-home pay.
Cost to Company (CTC) is the total annual expense an employer incurs for an employee, including salary components, employer-side PF contributions, gratuity provisioning, and other benefits. In India, there is no single mandated CTC structure - companies follow different formulas, making it difficult to compare job offers. A typical Indian CTC breakup consists of Basic (40-50% of CTC), House Rent Allowance (40-50% of Basic in metro cities), Transport Allowance, Special Allowance, and Employee Provident Fund (EPF) deductions.
Employee PF contribution is 12% of Basic salary (up to Rs 15,000 Basic), matching an equal employer contribution. Professional Tax varies by state - Maharashtra charges up to Rs 2,500/year, Karnataka up to Rs 2,400/year, while some states like Delhi do not levy it. HRA exemption under Section 10(13A) of the Income Tax Act allows salaried employees to claim tax relief on rent paid, subject to limits based on city classification. The New Tax Regime (introduced 2023-24) eliminates most exemptions but offers lower slab rates, affecting in-hand calculations.
Before accepting a job offer, use this calculator to convert the CTC figure into actual monthly take-home pay. Differences of 20-30% between CTC and in-hand are common in India due to PF, professional tax, and income tax. Knowing your exact in-hand salary helps with EMI planning, rental budgeting, and comparing offers across companies.