Salary Calculator
Estimate In-Hand Salary from CTC.
CTC (Cost to Company) is the total amount spend by company on an employee. In-hand salary is what you actually receive after deductions like PF, Professional Tax, and Income Tax.
Components
- Basic Salary: Usually 40-50% of CTC. Fully taxable.
- HRA: House Rent Allowance. Tax exempt partially.
- PF (Provident Fund): 12% of Basic. Long term saving.