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Salary Calculator

This salary calculator provides a complete breakdown of your CTC in a simple, easy-to-understand, and visually appealing format. Whether you're reviewing your take-home pay or analyzing tax components, you can download the full breakdown in both PDF and Excel formats for your records or future reference.

Salary Breakdown

  • Basic Salary: ₹(40%)
  • HRA (House Rent Allowance): ₹(50% of Basic)
  • Special Allowance: ₹
  • Provident Fund (Employer): ₹(12% of Basic)
  • Provident Fund (Employee): ₹(12% of Basic)
  • Professional Tax: ₹(Yearly approx)
  • Gratuity (Estimated): ₹(4.81% of Basic)
  • Monthly In-hand Salary: ₹

FAQs

CTC (Cost to Company) is the total amount a company would spend on an employee in a year including salary, allowances, and benefits.

In-hand salary is lower than CTC because it excludes employer contributions, taxes, and deductions like PF, professional tax, gratuity, etc.

Yes, PF deduction is mandatory for employees earning up to ₹15,000 basic salary. Above that, it may vary based on the company's policy.

In this calculator, HRA is assumed to be 50% of the basic salary. However, actual HRA eligibility may depend on your location and employer policy.

Special Allowance is the remaining amount after allocating Basic, HRA, Employer's PF, and Gratuity from the total CTC.

Gratuity is a benefit paid by the employer as a part of CTC, generally calculated as 4.81% of basic salary per year. It’s paid after completion of 5 years of service.