Estimate your monthly in-hand salary, employer-employee Provident Fund splits, gratuity accruals, and compare tax regimes instantly.
Cost to Company (CTC) is the total amount an employer spends on hiring and maintaining an employee per year. CTC includes your gross salary, plus other direct and indirect benefits (such as employer EPF contributions, gratuity, insurance premiums, and gym memberships). Your take-home or in-hand salary is what remains after deducting employee EPF contributions, professional tax (PT), and income tax (TDS).
Enter your annual CTC. The calculator automatically splits it into typical industry components: Basic Salary (50% of CTC), House Rent Allowance (HRA, 40-50% of Basic), EPF contribution, Gratuity, Special Allowance, and calculates estimated income tax under both the New Tax Regime and Old Tax Regime.
CTC includes gross salary plus employer benefits/contributions (like EPF and gratuity). Gross salary is the amount calculated before tax and employee EPF deductions but after excluding employer-paid benefits.
Gratuity is calculated as: (Basic Salary + Dearness Allowance) * 15 / 26 * Years of Service. Employers typically accrue gratuity at ~4.81% of your Basic salary yearly.