Salary Calculator
Estimate your monthly salary, gross salary, deductions and approximate take-home salary from your annual CTC.
Enter Your Salary
Enter your annual CTC and select the assumptions used for the estimate.
₹0
Approximate amount after selected deductions
Monthly Salary Details
Earnings
Deductions
Annual Summary
How Salary Calculation Works
Annual CTC and monthly take-home salary are different. Your CTC can contain several salary components and employer contributions.
Annual CTC
Cost to Company is the annual cost associated with employing you.
Gross Salary
Gross salary represents the salary earned before employee deductions.
Deductions
PF, professional tax and other payroll deductions can reduce your monthly salary.
Take-Home
Take-home is the estimated amount remaining after the deductions selected above.
Important Information
This calculator provides an estimate based on the values entered by the user. Actual salary structures vary between employers.
Income tax is not included in this basic calculator. Therefore, the actual amount credited to your bank account may be lower than the estimate shown here.
Employer PF, gratuity, insurance, bonuses, variable pay and other CTC components may also affect your actual salary structure.
Salary Calculator FAQ
What is a salary calculator?
A salary calculator estimates salary components, deductions and approximate take-home pay based on the salary information entered by the user.
Is CTC the same as monthly salary?
No. CTC represents the overall annual employment cost, while monthly salary represents the amount earned during a month.
Why is my take-home salary lower than my CTC?
CTC can include employer contributions and other benefits that are not directly paid as monthly cash salary. Employee deductions can also reduce take-home pay.
Does this calculator include income tax?
No. Income tax is not included in this basic salary calculator. The result should therefore be treated as an estimate rather than an exact payroll amount.
Can two employees with the same CTC have different take-home salaries?
Yes. Companies can structure CTC differently. PF, allowances, insurance, variable pay, taxes and other components can cause the actual take-home salary to differ.
Is this an official government calculator?
No. This is an Innosphere estimation tool. Actual salary should be verified with your employer's salary structure and payroll statement.