Calculate your exact in-hand or take-home salary from your CTC (Cost to Company) with our free salary calculator. Get a detailed breakdown of all salary components including basic pay, HRA, special allowances, bonus, and deductions like EPF, professional tax, and income tax. This calculator helps you understand the difference between gross salary and net salary, giving you a clear picture of how much money will actually be credited to your bank account every month. Essential for both employees understanding their salary structure and job seekers evaluating offers. Know your real monthly earnings and plan your finances accordingly with accurate calculations based on standard Indian salary structures and current tax laws.
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Common bonus ranges: 10-15% for IT, 5-10% for other sectors
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Your salary structure has multiple components, and understanding each one helps you negotiate better and plan finances accurately. Here's a complete breakdown:
| Component | % of CTC | Description |
|---|---|---|
| Basic Salary | 40-50% | Foundation of salary, used for PF & gratuity calculation |
| HRA | 40-50% of Basic | House Rent Allowance, partially tax-exempt if paying rent |
| Special Allowance | 20-30% | Fully taxable, flexible component |
| Employee PF | 12% of Basic | Deducted from salary, goes to PF account |
| Employer PF | 12% of Basic | Company contribution, part of CTC but not salary |
| Bonus | 8-15% | Usually paid annually, not in monthly salary |
| Gratuity | 4-5% | Paid after 5 years of service, part of CTC |
Let's calculate in-hand salary for a ₹10,00,000 CTC package:
| Annual CTC | Approx. Monthly In-Hand | % of CTC |
|---|---|---|
| ₹3,00,000 | ₹19,000 - ₹21,000 | 75-85% |
| ₹5,00,000 | ₹31,000 - ₹35,000 | 74-84% |
| ₹8,00,000 | ₹48,000 - ₹52,000 | 72-78% |
| ₹12,00,000 | ₹70,000 - ₹75,000 | 70-75% |
| ₹18,00,000 | ₹1,00,000 - ₹1,05,000 | 67-70% |
| ₹25,00,000 | ₹1,35,000 - ₹1,42,000 | 65-68% |
*Values are approximate and vary based on company policy, location, and tax regime
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