Enter a CTC and see what actually reaches your bank account each month, after provident fund, gratuity and income tax.
Why the offer letter number is not your salary
CTC is what you cost the company, not what you are paid. It includes money that never reaches your account: the employer's provident fund contribution, gratuity accrued against a future payout, and sometimes insurance premiums or a notional bonus.
The gap surprises people. A ₹12 lakh CTC does not pay ₹1 lakh a month — after PF, gratuity and tax the monthly figure is meaningfully lower. Knowing the real number before accepting an offer is the point of this calculator.
What comes out of CTC
Employer PF — counted in your CTC but paid into your PF account, not your bank.
Employee PF — deducted from your salary into the same account. Yours, but not spendable now.
Gratuity — accrued each year and payable only after five years of service.
Income tax — under the regime you choose, after the standard deduction.
Professional tax — a small state-level deduction where it applies.
Old regime or new
The new regime has lower rates and almost no deductions. The old regime has higher rates but lets you claim 80C, HRA, home loan interest and the rest. Which wins depends entirely on how much you actually claim.
The rough rule: if your deductions are small, the new regime usually wins. If you have a home loan, pay significant rent and use your 80C limit fully, the old regime often does. Run both and compare rather than assuming.
Treat this as an estimate
Salary structures vary between employers. Basic pay as a share of CTC, whether PF is calculated on full basic or capped, allowances and variable pay all change the result. This uses common assumptions and lets you adjust the ones that matter most — use it to understand an offer, not to file a return.
Frequently Asked Questions
Yes — free, no sign-up, and nothing you enter leaves your browser.
Because CTC includes money that never reaches your account — the employer PF contribution, gratuity accrual and sometimes insurance. Add income tax and your own PF deduction and the monthly figure drops further.
Yes. Everything runs in your browser after the page loads - nothing you type is sent anywhere. It is the same calculation our mobile app uses, compiled to run on the web, so the two can never disagree with each other.
It depends on your deductions. With few deductions the new regime usually wins; with a home loan, meaningful rent and a full 80C, the old regime often does. Compare both rather than assuming.
Treat it as a close estimate. Structures differ — the basic share of CTC, whether PF is capped, allowances and variable pay all shift the result. The inputs let you adjust the assumptions that matter most.
HRA depends on your rent and your city, which vary too much to assume. Enter your expected deductions in the deductions field to reflect them.
