WeVividWeVividEstimate in-hand salary after standard Indian deductions.
| Basic | ₹4,80,000 |
| HRA | ₹2,40,000 |
| Other allowances | ₹4,22,400 |
| Employee PF (deduction) | -₹57,600 |
| Professional tax (deduction) | -₹2,400 |
| Income tax (deduction) | ₹0 |
| Annual take-home | ₹10,82,400 |
A simplified estimate assuming a common CTC structure (40% basic, 50% HRA, 12% PF) and the new tax regime. Your employer's actual structure may differ.
This uses a common structure: 40% of CTC as basic salary, 50% of basic as HRA, and 12% of basic as employer PF (deducted from CTC to get gross salary). From gross salary, employee PF (12% of basic), professional tax and income tax (under the new regime) are deducted to arrive at take-home pay.
Not exactly — every employer structures CTC differently (bonus, gratuity, variable pay, insurance premiums all vary), so treat this as a reasonable estimate rather than an exact figure. Check your offer letter's salary breakup for precise numbers.