Gross Monthly Salary
₹ 1,00,000.00
Employee Provident Fund (EPF) / Mo.
₹ 6,000.00
Professional Tax / Mo.
₹ 208.33
Income Tax (TDS) / Mo.
₹ 5,633.33
Estimated Monthly In-Hand Salary
₹ 88,158.34
About the In-Hand Salary Calculator
Our free In-Hand Salary Calculator helps salaried employees in India estimate their exact monthly take-home (net) salary. By breaking down your annual Cost to Company (CTC), this tool deducts mandatory employee provident fund (EPF) contributions, professional tax, and applicable income tax (TDS).
How Take-Home Salary is Computed
Your monthly in-hand salary is determined by subtracting statutory deductions from your gross monthly earnings:
- Gross Monthly Salary: Your total annual CTC divided by 12 months.
- Employee Provident Fund (EPF): Generally calculated as 12% of your basic salary.
- Professional Tax (PT): A state-level direct tax levied on employment (typically capped at ₹2,500 annually in states like Maharashtra or Karnataka).
- Income Tax (TDS): Computed based on your net taxable income after standard deductions under either the New Tax Regime or Old Tax Regime.
How to Use the Calculator
Simply enter your employment compensation details:
- Annual CTC: Your total yearly compensation package offered by your employer.
- Basic Salary: Typically structured as 40% to 50% of your CTC.
- Professional Tax & Tax Regime: Input your state professional tax and select your preferred tax regime.
Click the Calculate Salary button to instantly view your monthly gross salary, EPF deductions, professional tax, income tax withholding, and final monthly in-hand take-home pay.
Frequently Asked Questions (FAQs)
Is EPF mandatory for all salaried employees?
EPF is mandatory for organizations with 20 or more employees where basic salary is below specified statutory wage thresholds, though employees can also opt for voluntary contributions.
What components make up a typical CTC structure?
A standard CTC includes Basic Salary, House Rent Allowance (HRA), Special Allowances, Leave Travel Allowance (LTA), Provident Fund contributions, and sometimes performance bonuses or medical insurance.
Why does my in-hand salary vary from month to month?
Your in-hand salary may fluctuate due to variable performance bonuses, changes in quarterly tax deductions (TDS) calculated by your payroll department, or reimbursement claims.
