Annual CTC
Monthly In-Hand
Annual Take Home
💼 Professional Salary Structure
| Particulars | Annual | Monthly |
|---|---|---|
| Basic | ₹0 | ₹0 |
| HRA | ₹0 | ₹0 |
| Other Allowances | ₹0 | ₹0 |
| PF - Employee Contribution | ₹0 | ₹0 |
| Statutory Deduction (by Employer) | ₹0 | ₹0 |
| Professional Tax | ₹0 | ₹0 |
| Income Tax (TDS) • New Regime | ₹0 | ₹0 |
| Total Deductions | ₹0 | ₹0 |
| Fixed CTC | ₹0 | ₹0 |
| Retention Bonus | ₹0 | ₹0 |
| Total CTC | ₹0 | ₹0 |
📌 Note: This table shows the basic salary structure without variable components like performance bonuses, stock options, or other company-specific benefits.
⚠️ TDS Calculation: This is an approximate calculation based on New Tax Regime (FY 2024-25) with ₹75,000 standard deduction. Actual tax may vary based on investments (80C, 80D), HRA exemptions, loan interest, and other deductions. Consult a CA for precise calculations.
💼 Monthly Salary Components
📉 Monthly Deductions
🏢 Employer Contributions
🏛️ Income Tax Laws & Regulations
Official Government Sources
💼 EPF (Employee Provident Fund) Documentation
🏥 ESIC (Employee State Insurance Corporation)
⚖️ Legal Framework & Professional Tax
State Laws & Professional Tax Rates
📖 Educational Resources & Guides
⚠️ Important Legal Disclaimer
This calculator is for informational purposes only. Tax laws and regulations change frequently. Always consult with a qualified Chartered Accountant or tax advisor for specific advice. The calculations provided are based on current laws as of August 2025 and may not reflect recent amendments or state-specific variations.
For Professional Advice: Contact a CA, visit your local tax office, or refer to official government portals for the most up-to-date information.
Annual Salary Components
Annual Deductions
📋 Educational Guide: Statutory Deductions (FY 2024-25)
🎓 Learning Section: Understanding Your Payslip
Every employee in India should understand these mandatory deductions that appear on their salary slip. Here's what gets deducted and why:
Both you and your employer contribute 12% of your basic salary (max ₹15,000/month). This builds your retirement corpus. Your contribution reduces taxable income. Current interest: ~8.25% annually. You can withdraw after 2 months of unemployment or at retirement.
State government tax on professionals earning above ₹25,000/month in Karnataka. Fixed ₹200/month (₹2,400/year). Varies by state - some states don't have it. This amount can be claimed as deduction from income tax.
Only for salaries up to ₹21,000/month. You pay 0.75%, employer pays 3.25%. Provides free medical treatment, maternity benefits, disability benefits. ESIC hospitals and dispensaries are available across India. Family members also covered.
Use the TDS toggle to include approximate tax calculations based on New Tax Regime. Real tax depends on your investments (80C, 80D), HRA exemption, loan interest, and regime choice. This calculator uses standard deduction of ₹75,000 and basic tax slabs for estimation only.
Basic should be 40-50% of CTC for EPF benefits. HRA should be 40-50% of Basic for rent exemption (if in Old Tax Regime). Balance goes to Special Allowance. Higher Basic = Higher EPF = Better retirement corpus but also higher deductions.
Your CTC includes employer contributions (EPF employer share, ESIC employer share). Your actual take-home is CTC minus all deductions (EPF employee, ESIC employee, Professional Tax, Income Tax). Typically 75-85% of CTC depending on tax slab.
💡 Learning Objective: Understanding these concepts helps you negotiate better salary packages and plan your finances effectively. This knowledge is valuable for your entire career!
Enter CTC to Calculate Salary
Fill in your annual CTC to see detailed salary breakdown with all statutory deductions