Salary / CTC to In-Hand

A ₹20 lakh offer doesn't mean ₹1.67 lakh a month. Break your CTC down into what actually lands in your bank account.

Deductions from pay
₹2,500 in most states; nil in Delhi, Haryana
Monthly in-hand
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fixed pay, excl. bonus
Yearly in-hand
—
incl. bonus
Income tax
—
In-hand as % of CTC
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Salary structures vary by employer. Basic is usually 40–50% of CTC and HRA 40–50% of basic; the rest is "special allowance". Income tax is spread evenly across 12 months here, though in practice TDS is adjusted when bonus is paid. Your PF and the employer's share still belong to you, in your EPF account.