Tax & salary
Salary Calculator
From CTC to what actually reaches your account.
Your figures
Monthly take-home
₹1,76,746
- Annual take-home
- ₹21,20,946
- Gross salary
- ₹22,38,646
- Income tax
- ₹0
- Provident fund (your share)
- ₹1,15,200
- Take-home as a share of CTC
- 88.37%
Deducted from salary, but it is still your money — it accrues in your PF account.
Where the CTC goes
- Take-home₹21.21 L
- PF (yours + employer)₹2.3 L
- Gratuity provision₹46.15K
- Professional tax₹2.5K
- Employer PF and the gratuity provision are part of your compensation even though they never appear in your bank account.
Annual breakdown
| Item | Amount |
|---|---|
| Cost to company | ₹24,00,000 |
| Less employer PF | −₹1,15,200 |
| Less gratuity provision | −₹46,154 |
| Gross salary | ₹22,38,646 |
| Less employee PF | −₹1,15,200 |
| Less professional tax | −₹2,500 |
| Less income tax | ₹0 |
| Take-home | ₹21,20,946 |
How this is calculated
Gross = CTC − employer PF − gratuity provision. Take-home = gross − employee PF − professional tax − income tax.
Cost to company includes contributions you never see as cash. This separates the employer’s cost from gross salary, statutory deductions and take-home pay.
Assumptions used
- EPF employee contribution12%
- EPF employer contribution12%
Any figure you enter overrides the assumption above for your calculation.
Educational calculation, not personal advice
This calculator is provided for education and illustration. It applies the assumptions shown to the figures you entered; it does not take account of your circumstances, goals, tax position or risk tolerance, and it is not a personal recommendation. Projections are not forecasts, and no return is guaranteed. Investment values can fall as well as rise. Speak to a qualified adviser before acting on anything here.
Want this checked against your actual position?
A calculator works with the numbers you give it. A planner works with the ones you have — including the tax, protection and liquidity questions this tool does not ask.
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