CTC to In-hand Salary Calculator
Convert your Cost to Company (CTC) to approximate monthly take-home salary. Understand the breakup of your salary components.
Calculate Take-home Salary
Salary Breakdown
Enter your CTC to see the salary breakdown.
Understanding CTC vs In-hand Salary
What is CTC?
CTC (Cost to Company) is the total amount a company spends on an employee annually. It includes:
- Gross Salary (Basic + HRA + Allowances)
- Employer's EPF contribution (12% of Basic)
- Gratuity provision (~4.81% of Basic)
- Insurance, bonuses, and other benefits
Why In-hand is Less Than CTC?
Typical CTC Breakup
- Basic40-50% of CTC
- HRA40-50% of Basic
- Special AllowanceRemaining amount
- Employer EPF12% of Basic (max ₹1,800/month)
- Gratuity~4.81% of Basic
FAQs
CTC includes employer's PF, gratuity, and other benefits that don't come directly to you. Additionally, your salary has deductions like employee PF, professional tax, and income tax.
Both employer and employee contribute 12% of (Basic + DA) to EPF. The statutory limit is Basic of ₹15,000/month, but many companies contribute on actual basic.
Gratuity is calculated as (15/26) × Basic × Years, which works out to about 4.81% of basic annually. Companies provision this amount though you receive it only after 5 years of service.
Always understand the complete breakup. Higher EPF means better retirement savings but lower immediate take-home. Variable pay affects actual vs promised CTC. Compare offers on in-hand basis.