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Salary Calculator

Calculate in-hand salary from CTC including deductions, HRA, and tax implications.

Salary Calculator — Calculate in-hand salary from CTC including deductions, HRA, and tax implications. Use FinWiz24's free salary calculator for accurate results.

Formula

CTC breakdown: Basic 40%, HRA 50% of Basic, Transport 10%, Others 15%

Cost to Company (CTC)

Results

Enter values above to see results

Formula

CTC breakdown: Basic 40%, HRA 50% of Basic, Transport 10%, Others 15%

Indian salary structure typically includes Basic (40% of CTC), HRA (50% of Basic in metro cities), Transport Allowance, Communication Allowance, and other components. Professional tax, TDS, and employee PF deductions reduce take-home salary.

Example

A CTC of ₹15,00,000 per annum

Input Values

Cost to Company (₹)₹15,00,000.00

Calculation

Applying the formula with the input values above:

Results

Basic (40%)

₹6,00,000.00

HRA (50% of Basic)

₹3,00,000.00

Transport (10%)

₹60,000.00

Employee PF (12%)

₹72,000.00

Take Home (Annual)

₹10,20,000.00

How to Use This Calculator
  1. 1Enter your total Cost to Company (CTC) as mentioned in your offer letter.
  2. 2The calculator breaks down CTC into components: Basic, HRA, Transport, etc.
  3. 3Your take-home salary is after subtracting income tax, PF, and professional tax.
  4. 4Variable pay, bonuses, and ESOPs are separate components not shown here.
  5. 5Use this to negotiate salary and plan your monthly budget accurately.