About take home salary calculator
The salary in your offer letter is usually the CTC (cost to company). Your take-home pay is lower after employee deductions.
Common deductions
- Employee provident fund (EPF), usually 12% of basic pay.
- Professional tax, which depends on the state.
- Income tax (TDS) according to your regime and declarations.
- Insurance premiums or other deductions.
Why numbers vary
Companies structure CTC differently, with variable pay and benefits that are not paid monthly. Your payslip is the final record.
A worked example
Suppose the monthly gross is ₹50,000 with a basic of ₹30,000. The employee PF is 12 percent of basic, which is ₹3,600, professional tax is ₹200 and TDS is ₹1,500. The deductions total ₹5,300, so the take-home is about ₹44,700.
Why take-home differs from the offer
CTC may include employer PF, gratuity, insurance and variable pay that you do not receive monthly. Check the offer letter's salary structure and ask for a sample payslip.
