CTC Calculator
Calculate your take-home salary from CTC with detailed breakdown and tax comparison
Salary Input
With deductions
Lower rates
Quick Summary
Annual Tax Savings
Rs. —
Net Monthly Take-Home
Rs. —
Annual CTC
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Gross Salary (Annual)
Rs. —
Detailed Salary Breakup
Salary Components
Tax Comparison (Annual)
Take-Home Breakdown (Monthly)
What is CTC (Cost to Company)?
CTC (Cost to Company) represents the total expenditure a company incurs on an employee annually. It includes not just the salary but also various benefits, allowances, and statutory contributions that the employer provides.
Understanding your CTC is crucial because it differs significantly from your actual take-home salary. The difference lies in various deductions including taxes, provident fund contributions, and other statutory deductions.
CTC Components Include:
- ✓Basic Salary (40-50% of CTC)
- ✓House Rent Allowance (HRA)
- ✓Medical & Conveyance Allowance
- ✓Provident Fund (Employee + Employer)
- ✓Gratuity & Insurance Premiums
- ✓Special Allowances & Bonuses
How to Use the CTC Calculator
Enter CTC Amount
Choose monthly or yearly input and enter your CTC amount
Configure Settings
Adjust 80C investments, HRA, and city type for accuracy
Calculate & Compare
Get detailed breakdown comparing both tax regimes
Download Reports
Export PDF or Excel reports for your records
When to Use Our CTC Calculator
Job Offer Evaluation
Compare multiple job offers by calculating actual take-home salary from CTC to make informed decisions.
Salary Negotiation
Understand your current salary structure to negotiate better compensation packages.
Financial Planning
Plan your monthly budget and investments based on accurate take-home salary calculations.
Career Transitions
Calculate salary from CTC when switching jobs to ensure you’re making the right financial move.
Frequently Asked Questions
How do I enter my CTC in the calculator?
Simply choose between monthly or yearly input using the toggle button, then enter your CTC amount. The calculator accepts both formats for your convenience.
What advanced settings should I customize?
Adjust your 80C investments (up to ₹1.5L), 80D health insurance premiums, actual HRA paid, and select your city type (metro/non-metro) for accurate tax calculations.
What detailed breakdown will I get?
You’ll receive a complete salary structure showing basic salary, allowances, deductions, tax calculations for both regimes, and final take-home amounts.
How can I use this for job offer evaluation?
Enter different CTC amounts from various job offers to compare actual take-home salaries and make informed career decisions.
Can this help with salary negotiation?
Yes! Understanding your current salary breakdown helps you negotiate specific components like basic salary, HRA, or special allowances effectively.
How does this help with financial planning?
Knowing your exact take-home salary helps you plan monthly budgets, EMIs, investments, and savings goals accurately.
Is this useful for career transitions?
Absolutely! Calculate and compare take-home salaries from different job offers to ensure your career move is financially beneficial.
What is included in CTC?
CTC includes basic salary, HRA, allowances, bonuses, employer PF contributions, gratuity, insurance premiums, and all other benefits provided by the company.
How is CTC different from gross salary?
CTC includes employer contributions (PF, gratuity, insurance) while gross salary is what you receive before tax deductions. Gross is typically 85-90% of CTC.
Why does my take-home salary differ from my CTC?
Take-home is typically 70-80% of CTC due to deductions like employee PF, income tax, professional tax, and employer contributions that don’t reach your account.
Does the CTC calculator account for tax deductions?
Yes! Our calculator considers 80C investments, 80D premiums, HRA exemptions, standard deductions, and compares both old and new tax regimes.
Can this calculator be used by freelancers?
This calculator is designed for salaried employees with CTC structures. Freelancers should use income tax calculators instead as they don’t have CTC components.
Disclaimer
This CTC calculator provides estimates based on standard tax rules for FY 2024-25, 2025-26 and 2026-27. Actual take-home salary may vary based on company policies, additional benefits, and individual circumstances. Please consult a tax advisor for personalized advice.