The Salary Calculator breaks down your CTC (Cost to Company) into take-home salary, showing all deductions including PF, Professional Tax and HRA.
| Term | Meaning |
|---|---|
| CTC | Total cost employer pays including all benefits |
| Gross Salary | CTC minus employer PF and gratuity |
| Net/Take Home | Gross minus employee PF, professional tax, TDS |
Take-home pay is your CTC minus deductions like provident fund, professional tax, and income tax, along with any other employer-side components that are not paid in cash.
CTC is the total cost to the company including benefits and contributions, while in-hand salary is the actual amount credited to your account after all deductions.
CTC includes items like employer provident fund contributions, gratuity, and benefits that are not part of your monthly cash salary, which is why the take-home amount is lower.