CTC (Cost to Company) is the total amount a company spends on you annually, but it's not what lands in your bank account each month โ CTC includes components like PF contributions, gratuity provisions and other benefits that don't show up as cash in hand. This calculator gives a rough estimate of your actual monthly take-home by subtracting an estimated employee PF contribution (typically 12% of basic pay) from your CTC-derived monthly gross.
This is a simplified estimate, not an exact payslip replica โ actual take-home also depends on professional tax (varies by state), TDS based on your tax regime and declared investments, and any other company-specific deductions or allowances not captured here.
This is a simplified estimate covering only PF deduction. Your actual payslip also factors in TDS (income tax deducted monthly based on your annual tax liability), professional tax (state-specific, usually small), and any company-specific allowances or deductions not modeled here.
It commonly ranges from 30-50% of CTC depending on company policy โ 40% is a reasonable general assumption, which is why it's the default here, but check your actual offer letter or payslip for your specific breakdown.
Use the Income Tax Calculator (also on KiTools) for an accurate TDS/tax estimate based on your actual income and deductions โ this take-home calculator is meant for a quick, rough monthly cash-in-hand estimate.
Monthly EMI including down payment
Margin %, markup % and profit
Units needed to cover fixed costs
Average, min, max of a number list
Compare EMI of two loan offers
Calories burned at rest (Mifflin-St Jeor)