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Turn your CTC into monthly take-home pay: PF, gratuity, professional tax and income tax in the new or old regime, with a step-by-step breakdown.
Your salary
Up to ₹2,500 a year, set by your state; nil in some states
Take-home pay
The new regime saves you ₹1,11,749 a year over the old.
From CTC to take-home
| A year | A month | |
|---|---|---|
| CTC (cost to company) | ₹12,00,000 | ₹1,00,000 |
| Less: employer’s PF | -₹72,000 | -₹6,000 |
| Less: gratuity (paid when you leave) | -₹28,846 | -₹2,404 |
| Gross salary | ₹10,99,154 | ₹91,596 |
| Less: your PF | -₹72,000 | -₹6,000 |
| Less: professional tax | -₹2,400 | -₹200 |
| Less: income tax (new regime) | ₹0 | ₹0 |
| Take-home pay | ₹10,24,754 | ₹85,396 |
Your CTC (cost to company) is everything your employer spends on you in a year. Your in-hand salary is what actually reaches your bank account each month, after PF, professional tax and income tax. This calculator walks from one to the other.
Two parts of CTC never reach you monthly: the employer’s PF, which goes into your EPF account, and gratuity, paid only when you leave after qualifying.
In-hand = CTC − employer’s PF − gratuity − your PF − professional tax − income tax
Ananya’s CTC is ₹12 lakh, with basic at half of it
About ₹85,396 a month in the new regime, with basic at half of CTC and PF at 12% of basic. Your company’s salary structure can change it by a few thousand.
CTC includes the employer’s PF and gratuity, which are not paid to you each month. Gross salary is CTC less those two, before your own deductions.
It is part of your CTC and goes into your EPF account every month, so it is your money, but it does not come to your bank account until you withdraw it.
It depends on your deductions. On ₹20 lakh CTC with ₹3.6 lakh of rent, ₹50,000 of other 80C and ₹25,000 of health insurance, the new regime gives ₹1,29,340 a month and the old ₹1,23,753.
Basic pay must now be at least half of your total pay. PF and gratuity are worked out on basic, so more goes into them and slightly less comes to you each month.
Results are estimates. Returns are assumed constant, rates and tax rules can change, and your actual numbers will differ. This is not financial or tax advice.