CTC Salary Calculator
Calculate your Cost to Company and monthly take-home salary
Salary Details
Compensation Summary
CTC Calculator – Instantly Find Your Monthly Salary
In today’s competitive job market, understanding your actual earnings is crucial for financial planning. Employers often highlight the CTC (Cost to Company) figure, but most employees are more interested in their monthly take-home salary. This is where our CTC Salary Calculator becomes essential.
The calculator simplifies your salary structure by breaking down all key components like HRA, PF, bonus, and deductions, helping you understand exactly what you’re taking home after taxes and contributions.
What is CTC (Cost to Company)?
CTC is the total annual expense a company spends on an employee, which includes:
- Basic salary
- Allowances (HRA, special, transport)
- Bonuses
- Provident Fund (PF) contribution
- Gratuity
- Other deductions
However, CTC is not your net salary. There are multiple deductions involved. That’s why this calculator is crucial to understand what you’ll actually receive each month.
Tool Overview: How It Works (As per Image)
However, CTC is not your net salary. There are multiple deductions involved. That’s why this calculator is crucial to understand what you’ll actually receive each month.
Input Fields:
- Basic Salary (e.g. ₹6,00,000)
- House Rent Allowance (HRA) (e.g. ₹2,40,000)
- Special Allowance (e.g. ₹1,80,000)
- Annual Bonus (e.g. ₹50,000)
- Other Allowances (optional)
- PF & Tax Deduction (%)
Output:
- Total CTC per year
- Monthly Take-Home Salary
- Breakdown of:
- Basic
- HRA
- PF
- Income Tax
Example (From Image):
With a CTC of ₹11,00,000/year, the monthly take-home comes to ₹71,500 after tax and PF deductions.
Benefits of Using the CTC Salary Calculator
- Understand actual in-hand salary vs CTC
- Helps in job offers comparison
- Accurate tax planning and monthly budgeting
- Know your PF and tax deductions clearly
- Useful for HRs and finance teams
Key Features
- Real-Time Results: See your take-home salary instantly.
- Mobile Friendly: Works on smartphones and tablets.
- Easy Inputs: Only a few salary details required.
- Visual Breakdown: Get full clarity on each salary component.
Why Use This Calculator?
- Avoid confusion during salary negotiation
- Plan monthly expenses better
- Prepare for tax season in advance
- Great for freelancers & salaried professionals alike
Example Calculation
Suppose:
- Basic Salary = ₹5,00,000
- HRA = ₹2,00,000
- Bonus = ₹50,000
- Special Allowance = ₹1,80,000
- PF = ₹6,000
- Tax = ₹7,500
- PF = ₹6,000
The tool shows:
CTC = ₹11,00,000
Take-Home Salary = ₹71,500/month
