Take Home Salary Calculator

Why is my In-Hand Salary less than CTC?

Cost to Company (CTC) is the total amount the company spends on you, not what you get in the bank. The three main deductions eating your salary are:

• Provident Fund (PF): 12% of your Basic Salary. This is savings, not a loss. You get it back with interest upon retirement.
• Professional Tax (PT): A state-level tax (usually ₹200/month in states like Karnataka and Maharashtra).
• TDS (Income Tax): Your employer deducts tax every month based on your projected annual income.

How to Increase Your Take-Home Pay?

While you cannot escape PF or PT, you can reduce your Income Tax. Even in the New Regime, standard deductions apply. If you stick to the Old Regime, you can claim Section 80C (up to ₹1.5 Lakh) by investing in ELSS Mutual Funds or PPF.