Enter your CTC and get a complete salary slip breakdown: HRA, Basic, PF, Professional Tax, and in-hand salary. Indian salary structure.
CTC (Cost to Company) is the total employer spend including salary, employer PF (12% of Basic), and gratuity (4.81% of Basic). In-hand salary is the net amount credited to your account after deducting employee PF, Professional Tax, and TDS. In-hand is typically 65-80% of CTC.
Employee PF contribution is 12% of Basic salary. If Basic salary is above ₹15,000/month, the statutory minimum is 12% of ₹15,000 = ₹1,800/month. Most employers deduct on full Basic. Employer also contributes 12% which is included in your CTC.
HRA (House Rent Allowance) is a salary component for accommodation expenses. Under old regime, you can claim HRA exemption: minimum of actual HRA received, 50% of Basic (metro) or 40% (non-metro), or actual rent paid minus 10% of Basic. Under new regime, full HRA is taxable.
Take-home = CTC - Employer PF - Gratuity (these give Gross Salary) - Employee PF - Professional Tax - TDS. A rough estimate: take-home ≈ CTC × 0.70 to 0.80 for most mid-level salaries, depending on tax slab and state.
Professional Tax is a state-level employment tax deducted monthly. Maharashtra: ₹200/month (₹300 in February). Karnataka: ₹200/month. Delhi and Haryana do not levy PT. Maximum PT is ₹2,500 per year. It is deductible under Section 16(iii) of Income Tax Act.