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Free Salary Calculator

A salary calculator breaks an annual CTC into monthly components such as basic, HRA, employer PF, gratuity and special allowance, and estimates the monthly pay before income tax. Free to use, with no signup.

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Salary: Meaning and Purpose

A salary calculator breaks an annual CTC into monthly components such as basic, HRA, employer PF, gratuity and special allowance, and estimates the monthly pay before income tax.

Factors That Affect the Result

  • Annual CTC
  • Basic salary as a percentage of CTC
  • HRA as a percentage of basic
  • Employer and employee PF treatment
  • Professional tax and other deductions

How the Salary Is Calculated

Basic = Basic % × Annual CTC ÷ 12

HRA = HRA % × Basic

Employer PF = 12% of basic (or of the PF wage ceiling)

Gratuity = 4.81% of basic

Special allowance = Monthly CTC − the components above

Worked example

A ₹6,00,000 CTC with basic at 40% gives ₹20,000 basic, ₹10,000 HRA, ₹2,400 employer PF, ₹962 gratuity and ₹16,638 special allowance per month.

How to Use This Calculator

  1. 1Enter the values in the fields on the left. Use figures from your payroll or policy.
  2. 2The result updates instantly as you type. Change any input to compare scenarios.
  3. 3Copy the result or print it to attach to your records.
  4. 4Check the notes under the result for statutory limits and policy points that may apply.

Why It Matters

Candidates compare offers on take-home, not CTC, so a transparent breakup helps both HR and the candidate understand the real monthly pay.

Compliance note: This is an indicative breakup. Actual tax, professional tax and ESIC depend on the employee's declaration and state rules.

Disclaimer: This tool and the sample content are for general guidance and are not legal, tax or financial advice. Laws, rates and limits change and differ by state and company policy, so verify them with a qualified professional before relying on the output.

Frequently Asked Questions

What is the difference between CTC and take-home?
CTC includes employer contributions such as PF and gratuity that never reach the employee's bank account. Take-home is what remains after employee PF, professional tax and income tax.
What should basic be as a percentage of CTC?
Many employers set basic at 40% to 50% of CTC. A higher basic raises PF, gratuity and HRA, so it changes both take-home and retirement benefits.
How is employer PF calculated?
At 12% of basic, subject to a monthly wage ceiling when the company chooses to restrict the contribution. Your PF policy decides which method applies.
Does this include income tax?
No. Use the TDS calculator to estimate monthly tax on the salary.
Is this salary calculator free to use?
Yes. It is free, needs no signup, and your inputs stay in your browser.
How can Trilliant Software help with payroll calculations?
Trilliant Software calculates salary, statutory deductions, arrears and tax automatically in every pay run, so HR does not need to repeat these calculations by hand. Book a demo to see it working.