CTC to In-Hand Salary Calculator
Calculate your exact take-home salary with tax breakdowns, HRA calculations, and city-specific cost of living insights.
Enter Your Details
Enter your total CTC (Cost to Company)
Tax Deductions (Old Regime)
ELSS, PPF, LIC, etc. (Max ₹1.5L)
Tax Regime Comparison
Monthly In-Hand
Annual: ₹10.11 L
Monthly In-Hand
Annual: ₹10.23 L
You can save
by choosing Old Tax Regime
Disclaimer: This calculator provides estimates based on standard salary structures and tax rules for FY 2024-25. Actual values may vary based on company policies and specific circumstances. Consult a tax professional for personalized advice.
Frequently Asked Questions
What is CTC vs In-Hand Salary?
CTC (Cost to Company) is the total amount a company spends on an employee annually, including all benefits. In-Hand Salary (Take-Home) is the actual amount you receive after deductions like PF, taxes, and other contributions.
How is HRA exemption calculated?
HRA exemption is the minimum of: (1) Actual HRA received, (2) Rent paid minus 10% of basic salary, or (3) 50% of basic for metro cities / 40% for non-metro cities. This requires actual rent payment and declaration.
Which tax regime is better - Old or New?
The New Regime (2024) offers lower tax rates but no deductions. The Old Regime allows deductions (80C, HRA, etc.) but has higher rates. If your deductions exceed ₹1.5-2L annually, Old Regime may be better. Use our calculator to compare!
What is the standard deduction in 2024?
Standard deduction is ₹75,000 under the New Tax Regime (Budget 2024) and ₹50,000 under the Old Regime. This is automatically deducted from your taxable income.
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